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Numberplate recognition and parking space management technology

Country of Origin: Lithuania
Reference Number: TOLT20181024001
Publication Date: 25 October 2018

Summary

Lithuanian SME specialising in vehicle parking and space management solutions are seeking for partners to introduce their technology in the traffic space management optimisation market under a commercial agreement with technical assistance or joint venture agreement.

Description

Lithuanian SME established in 2013 is specialising in development of number plate recognition and parking space management software. Company successfully developed and implemented several technological parking space management solutions since the start of their operation and now seeking for a partner to help expand their business in a global market. 

Already having experience working with several different size organisations and businesses, the company is seeking for a partner, who is looking for a parking space management solution. In the first instance the company is seeking to work under the commercial agreement with technical support, however, joint venture agreement proposals would also be considered.

Advantages and Innovations

The developed technology is a unique number plate recognition solution that forms the basis of parking space management optimisation. Technology enables to simplify and optimise parking space sharing for office buildings, public parking spaces and/or privately/individually owned parking spaces in high demand places.

Stage Of Development

Already on the market

Requested partner

Woking under the commercial agreement with technical support company is expecting the partner to be an active partner, who would help to adapt the proposed technology to their specific needs and requirements. Furthermore, technology provider will provide further post implementation support. 

Joint venture agreement partner would be offer a partnership for technology introduction in new specific markets.

Cooperation offer ist closed for requests