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39% Surge in Urban Vehicle Parking Revenues After a Smart Vehicle Parking Application was Fuelled by IoT

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About Client

Our client is a group of prominent industrialists, who have crafted pioneering solutions for diverse verticals. Their novel vision and innovations have changed the digital landscape of Kuwait in a short span of time.

About Product

The client’s latest conception aimed to ease down the parking woes that are taking an ugly shape in the wake of urbanization. They also wanted to build a modular business model that improves the revenue of parking space providers and ensures optimal utilization of such spaces. With its IoT expertise, Brainvire developed a highly automated solution for addressing this concern. It consists of a mobile application that directs users towards convenient parking spots in their vicinity through underground sensors. These spots can also be reserved well in advance and can be paid for in a cashless manner.

How we did it ?

Result

Successful Implementation in more than 50 Parking Zones

The IoT-based solutions has automated over 50 parking zones and is being readily adopted by other parking service providers.

Management of 10,000+ Cars Daily through AI

The application’s in-built AI capabilities offer users real-time updates related to parking services.

$10 Million Managed by E-wallet

The e-wallet has managed over $10 Million worth of transactions in a cashless mode.

A Profitable Business Model that is Easily Scalable

The application has improved the occupancy and profitability of multi-storey car parking facilities and has also reduced the woes of urbanization to a greater extent.

Client Testimonials

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