Australian-headquartered parking technology company Smart Parking (ASX: SPZ) has won a contract with Hobart City Council valued at approximately $800,000.
Smart Parking will partner with Australian Parking and Revenue Control (APARC) to provide a cutting edge smart city parking solution for Tasmania’s capital city.
Smart Parking will provide 2,100 sensors that give residents real-time data on available parking spaces. APARC, which is the sole distributor of Parkeon Parking Meters in Australian and New Zealand, will integrate the sensors with Parkeon’s 7-inch colour screen parking meters.
According to APARC, Hobart’s meters will be the first in Australia to accept payment by Apple Pay. Smart Parking’s flush mounted sensors transmit live data to parking enforcement officers and connect to a fully streamed back-office, which can be remotely monitored from any location.
APARC will handle both payments through SimplePay, which is part of the APARC group, and partner with Alternative Dispute Resolution (ADR) for enforcement.
In addition to the new contract in Hobart, Smart Parking has also received a contract extension from Hamilton City in New Zealand. In June, Smart Parking announced a contract entailing the provision of approximately 945 parking pays for Hamilton City Council. However, since commencing installation, the council has expanded the project by 400 sensors.
Hamilton and Hobart’s initiatives put them at the forefront of the smart cities movement happening globally. This movement uses advances in Internet of Things (IoT) technology to create new solutions for the world’s increasingly complex and populous cities.
Smart city projects enable governments to manage cities more effectively, resulting in cities that are more convenient, energy efficient and livable. Group CEO of Smart Parking Paul Gillespie has established himself as a thought leader in the field of IoT and smart cities, participating in recent conferences in Hobart and Adelaide.
“We are proud to announce the new contract with Hobart City Council. The continued uptake of our systems in Australia and beyond further cements our position as a world leader in the design, development and management of parking technology,” he said, commenting on the Hobart contract.
“We are also pleased to be working with APARC, which distributes machines made by Parkeon, a major player in parking management solutions”.
Smart Parking is a global leader in the field of parking technology. With over 40,000 vehicle detection sensors installed in 17 countries, Smart Parking holds the largest market share of intelligent parking sensors and integrated smart parking services worldwide.
