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Citimatics

Citimatics


Citimatics' financial review


Citimatics information

Imagine an end to congestion caused by circling cars looking for parking, the frustration and pollution associated, not to mention high cost of parking meters, their maintenance and enforcement. If you can identify with any of the above and would like to see how a ground-breaking Smart City platform not only does away with all of the above problems but generate massive revenues for cities then loo...
Imagine an end to congestion caused by circling cars looking for parking, the frustration and pollution associated, not to mention high cost of parking meters, their maintenance and enforcement. If you can identify with any of the above and would like to see how a ground-breaking Smart City platform not only does away with all of the above problems but generate massive revenues for cities then look no further. Benefits of Citimatics Smart City Platform:• Municipalities will have access to better space utilization and a path to reduced enforcement costs as well as access to demand analytics, and increased revenue retention.• Our platform offers municipalities an exponential increase in revenues from parking and citations together with huge savings in already thin budgets as no upfront cost of meters or their maintenance will be required nor hordes of parking enforcement officers. • Including a set of analytic methods for pricing that manages demand based on time, day and events and can help reduce the externalities of current parking policies.• Merchants will see a higher volume of turn-over and more welcoming environment for their customers plus a more sensible workflow for their commercial vehicles.• Environmentalists will see reductions in circling and the associated pollution. • Drivers will have access to more parking without circling and getting frustrated plus automatic payment for the exact time they have parked. Remember a simple fact: parkers want freedom to park even more than they want free parking.• A much fairer way of paying for the exact time parked or the exact distance travelled on a toll road. That is usage based – just like utilities. • Digital road pricing is not simply a replacement for current metering technology. It is a massive opportunity to bring centralized parking demand management and a measure of congestion management to our cities.

Citimatics industries

Information technology & services
It services & it consulting

Citimatics' financial review

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