Additionally, Fybr will be showcasing the extensibility of the Fybr Smart City Platform by deploying additional sensors to monitor vehicle activity at bus stops, loading zones, and air quality. Installation of hardware begins in mid-September with evaluations starting on October 1 and running through the end of the year.
Fybr’s parking sensor offers a highly accurate, low-cost solution for detecting vehicles in spaces on-street, in surface lots, or garages.
With ultra-low latency and a 7-10 year battery life, the Parking Sensor III delivers real-time space occupancy – allowing both consumers and cities to make better, informed parking decisions.
Fybr’s Smart City Platform helps communities operate more efficiently, reduce operating costs, and improve the quality of life. With a turnkey solution that collects more information—more efficiently—Fybr provides communities with the best and fastest opportunity to create a return on Smart City investments. Located in Saint Louis, MO, with a 20-year history, Fybr’s patented IoT solutions have over two billion data events logged from real-world applications globally.
A recent study found that, in the United States, drivers on average lost 99 hours in 2019 due to congestion—two hours more than in 2017, and the highest annual amount measured to date. Urban growth trends further complicate the picture—currently over 55% of the world’s population lives in urban areas, and by 2050, that number will exceed 68%.
COVID-19 has had a pronounced effect on U.S. cities of all sizes, leading to increased expenditures and reduced revenues virtually across the board. The projected hit to U.S. economic growth from the ensuing recession will exacerbate the situation, presenting even more challenges for cities as they struggle to maintain structural balance.
It’s no surprise that thousands of U.S. cities are anticipating significant budget cuts this year. The widespread financial chaos isn’t sparing any sector, and communities large and small are hurting. Sharp declines in tax revenues due to closing businesses are already causing cities to slash expenditures and, barring new developments, we can soon expect reductions in local public safety agencies, police department staff, public works, and more. It makes sense then, that investigating ways to rapidly inject revenue into cities has taken on a new urgency.