Location of the Traffic monitoring software company: Europe
Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
Overview of the Traffic monitoring software company in Europe for sale
The company developed a solution that helps citizen authorities to monitor road traffic growth and to make it sustainable. This is a smart technology product that improves the quality of life and protects people privacy. The solution uses city’s sounds produced by cars, pedestrians, public workers in order to obtain actionable insights. Cities have become very loud and the sound produced can provide valuable information on how to make life and environment better. By combining AI technology with acoustic it is possible to analyse specific sounds, to locate them, classify and make accurate reports about them. This approach can provide monitoring solutions over multiple elements such as traffic analytics, safety, security and management of smart cities. The company is a pioneer in this field and wants to grow and develop to reach the next level in terms of clients and sales. As target customers can be mentioned utility providers and system integrators. The team is formed of around 10 professionals specialized in various fields such as data science, software development, robotics, embedded acoustic system development, machine learning, information processing & risk management, product development, security, ICT engineering. The revenue model is based on a SaaS subscription with ARR (Annual Recurring Revenue) and with direct monetization from each installation. The owners are looking for growth funding and are open to talk with potential investors / buyers with necessary resources and capabilities to support the business development.
Profile (strategy) of the Traffic monitoring software company in Europe for sale
The company has around 5 years of presence on the market and has started its journey with building web and mobile enabled ecosystem useful for improving and managing security information. The product was good also for guiding travellers in safety conditions. The new dimension of safety and security solutions describes the using of sound analytics as a way to help city authorities to create more sustainable environments and increase the efficiency in protecting citizen’s privacy. The smart acoustic sensing solution is used for detection, recognition, localization and reporting of sound in any type of environment. For visualization it contains a user-friendly dashboard that provides full access to the information generated.
When detecting the sounds emitted by the running vehicles, the solution makes it possible to count the vehicles, categorize them (car, motorbike, truck, etc.), determine the speed and the flow of traffic. There can be detected specific noises related to traffic. It is also allowed to monitor and measure the level of noise in real time. The data and info obtained can be used with various applications such as traffic monitoring and management without cameras, implementation of specific policies, traffic based lighting (high saving of electricity consumption), detection of noisy vehicles and driving behaviours, city road traffic noise mapping. The solution increases the privacy of citizens since the sounds do not leave the street and are not recorded, they are processed at sensor level and only the data is sent. It has low installation costs and uses low energy consumption to run. The data needs low storage consumption and the transfer is as accurate as a camera. The software is easy to scale up and can be easily integrated in third party systems.
Activities and services of the Traffic monitoring software company in Europe for sale
The company developed a traffic monitoring solution that detects, recognizes, localizes and reports sound traffic. The data obtained is used to count the vehicles, categorize them, determine the traffic speed and flow and monitor noise level in real time.
Highlights of the Traffic monitoring software company in Europe for sale
The company developed a software solution for traffic monitoring
The solution uses sound traffic to provide valuable data
The owners are looking to talk with potential investors that are interested to grow the business in Europe
More information on this traffic monitoring software company in Europe for sale
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