Latest news: Ethos Smart wins funding for its innovative parking solution project.
Ethos Smart, the ‘smart cities’ division of Ethos Valuable Outcomes Ltd has been successful in winning a contract in the first phase of the Technology Strategy Board’s SBRI Future Cities solutions competition, for its ‘collaborative parking solution project.’
Addressing the major environmental, well being, economic and reputational issues of parking for many cities today, which studies show currently add 15% of time, money and carbon to journeys, Ethos Smart’s proposed solution will provide a collaborative parking platform based on a common core dataset – in other words, it will be easier, quicker and more environmentally friendly to find available parking. Using open source architecture, it will give free access to high quality real-time information on parking availability and pricing for use by both citizens and business. Additionally, this will encourage an ecosystem of innovative third-party applications, using the platform to provide services that aid motorists in their journey.
The 4 UK city ‘Test-Beds’ who will participate in the competition are Bristol, Brighton & Hove, Milton Keynes and Newcastle.
Ethos Smart – www.ethossmart.com
TSB SBRI Future Cities Solutions – https://www.innovateuk.org/-/future-cities-solutions
Ethos Smart, part of the Ethos VO Group, is a global problem-solving network of partners and associates who create, facilitate and implement problem-solving initiatives, products and services in the smart city sector.