Electronic Products & Technology

eleven-x parking device nets IoT honour

Wins Sensor Product of the Year from 2022 IoT Breakthrough Awards Program

January 14, 2022  EP&T Magazine

eleven-x, a Waterloo-based provider of complete, high-performance, wireless IoT and Smart City solutions, announced that its SPS-X smart parking sensor received an IoT Breakthrough Award.

Recognized with the “IoT Sensor Product of the Year”, the annual award is presented by IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market.

The SPS-X smart parking sensor, which incorporates magnetic sensing, radar, Bluetooth and AI, is the driving-force behind eleven-x’s innovative eXactpark smart parking solution that is helping expedite the journey to a frictionless parking experience. The wireless smart parking sensor is an innovative patent-pending LoRaWAN-based device that detects stall occupancy status and monitors space usage in real-time.

SPS-X smart parking sensor incorporates magnetic sensing, radar, Bluetooth and AI. The device is the driving-force behind eleven-x’s innovative eXactpark smart parking solution.

The SPS-X enables advanced analytics of key parking metrics, including effective turnover, pattern analysis, spatial framework and analysis, patterns of occupancy/use, time, peak use and average to peak occupancy, pinch points, as well as hot spot indicators and more.

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“We set out to provide the most innovative parking sensor and solution available today and the 2022 IoT Breakthrough Award is a fantastic validation of our success,” said Dan Mathers, CEO & co-founder of eleven-x. “Parking has wide-ranging impact on budgets, land use and community experience, which are often key pain points for many cities and organizations. Our eXactpark solution, powered by our SPS-X sensor, takes the guesswork out of knowing how parking assets are being used and helps organizations deliver better programs and increase revenues while reducing operational costs.”

 


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