Beneficiary Company Name: CICICOM LTD.

Project Code: 110256

Project Title: Cicicom - Smart Parking Violation Monitoring

Project Budget: €612,400.00

EU Funding: €306,385.00

Implementing Body: Information Society S.A. (Koinonia Tis Pliroforias Monoprosopi A.E.)

Brief Description of the Project

The objective of the proposed investment is the development of a new innovative product by the company CICICOM LTD. (Cicicom), under the commercial name “Cicicom - Smart Parking Violation Monitoring”. This product aims to address two fundamental challenges faced by modern societies globally:

• Improving urban mobility and facilitating the search for parking spaces
• Reducing parking violations
• Decreasing pollution and environmental impact from transportation within urban areas across the globe

Problem – Opportunity

A key structural issue that this proposal seeks to address is the need for “Smart Cities.” With an increasing concentration of people in urban centers — projected to reach 68% of the global population by 2050 — the need for more resilient, sustainable, and human-centered cities becomes ever more urgent. Smart cities are the only viable path for effectively managing this growing population. Transportation plays a central role in transforming traditional urban centers, often plagued by major structural problems, into smart cities. The greatest challenge faced by smart cities is urban mobility.

Municipalities can comprehensively manage data from sensors, maps, and video feeds to monitor vehicle traffic, citizen movement, pedestrian crossings, emergency alerts, and various other urban activities.

The business opportunity behind the proposal “Cicicom - Smart Parking Violation Monitoring” arises from the company's recognition of the ever-growing demand and need for modern digital services that manage and operate parking spaces in real-time. This brings added value to end users as well as the businesses and organizations that adopt the company’s new product by leveraging new technologies in a more cost-effective and efficient manner globally.

The increasing global pressure for fewer, smarter, and more eco-friendly forms of transportation — especially in major urban centers with high population density — combined with economic development that continuously boosts human mobility, has created a pressing need for smart digital solutions for managing and operating parking areas. This acknowledgment represents a significant business and technological opportunity for the proposal to innovate in a problematic sector, improve the daily quality of life for urban residents, and assist businesses and public entities in delivering high-level digital services to their clients while significantly increasing their revenues.

Product Description

As part of the development of the integrated solution Cicicom – Smart Parking Violation Monitoring, a suite of solutions and applications is included, consisting of the web platform (“SmartGrid”) and mobile applications. These leverage data received from Cicicom’s smart parking sensors and BLE tags via LPWAN networks (LoRaWAN & NB-IoT), forming the complete Cicicom - Smart Parking Violation Monitoring solution.

It is worth noting that the product described above, after specific configurations and adaptations, will also be able to utilize data from a wide range of smart sensors and devices (again via LPWAN networks) to create additional “smart solutions,” such as Smart Water Metering, Smart Waste Management, Smart Marina, Smart Fire Detection, and more.

Therefore, it is important to clarify that the new product developed through this proposal is built around a core infrastructure and uses adaptable logic and technologies that make it easily configurable to support various “smart solutions” in the future. Cicicom enables anyone using the Cicicom - Smart Parking Violation Monitoring system to have full control and manage the parking spaces they choose.

Specifically, the administrator — or, for instance, a municipal police officer implementing the solution — can check whether a vehicle is legally or illegally parked in a designated space. The officer, using the dedicated “Smart Parking Violation Monitoring” application, can select the location where a possible violation has been reported and be guided directly to the exact spot (via the app) to perform a check.

Likewise, a regular user (e.g., a citizen) can use the “Smart Parking Citizen” app to find available parking spaces in the desired area, navigate to them, and then save the location to easily return to it later.

The product’s features and capabilities, as described above, address a market gap in smart parking and controlled parking management, as there is currently no similar comprehensive solution on the market that automates and integrates these processes in such a way.

Project Scope

The objective of the proposed investment is the development of a new, innovative product by the company CICICOM Ltd. (Cicicom), under the commercial name "Cicicom – Smart Parking Violation Monitoring." This product aims to address two fundamental issues faced by modern societies globally:

• Improving urban mobility and facilitating the search for available parking spaces
• Reducing parking violations
• Decreasing pollution and the environmental impact of transportation within urban areas worldwide

The investment aims to develop a new, innovative high-tech digital product, which, according to specific specifications and set objectives, will constitute a comprehensive digital smart system for the management and operation of parking spaces. The new product proposed herein is not part of the company’s current portfolio but will leverage the full extent of Cicicom’s existing knowledge, technological infrastructure, and advantages developed through other solutions and products — while eliminating potential disadvantages and weaknesses of the new system.

At the same time, innovative features and capabilities will be added to enhance the system’s efficiency and ensure its ability to meet all necessary operational needs. The new product will represent Cicicom’s fully integrated solution: "Smart Parking Violation Monitoring."

It is important to highlight that the new product will be multi-functional, incorporating not only technologies related to the software aspect of the solution (Web Platforms & Mobile Apps), but also technologies and technological products pertaining to the hardware side, such as parking sensors, BLE tags, and LPWAN networks. It must be made clear that the software and hardware components are interconnected elements of the solution, working together to achieve the desired outcome.

Solution Summary

The “Smart Parking Violation Monitoring” solution by Cicicom is a system consisting of both hardware and software (parking sensors, identification devices, web platform, mobile applications) that aims to modernize the supervision and management of parking spaces, while automating the detection and control of violations.

Vehicle detection is achieved through smart parking sensors that communicate over long distances using LP-WAN networks and transmit data to the management platform and mobile apps. The web platform allows for the management and control of parking spaces, as well as the analysis of data and resulting statistics.

Specifically, BLE identification tags are distributed to groups of citizens with authorized access to designated parking spots (e.g., people with disabilities, permanent residents, VIPs). The sensors installed in parking spots detect when a space is occupied, then verify whether the vehicle carries an authorized identification tag and transmit this data to the management platform for cross-checking. For example, if a vehicle parks in a space reserved for persons with disabilities but lacks the appropriate tag, the system will notify the administrator both of the occupancy and the violation.

The platform can also detect violations in unauthorized parking zones without the use of identification tags (e.g., bus turns, wheelchair ramps, fire hydrants, pedestrian crossings), as well as loading/unloading zones or time-restricted areas, thereby covering all types of potential parking violations.

Meanwhile, authorized users (e.g., traffic police officers) receive real-time alerts on a dedicated mobile app about possible violations and can be guided to the exact location for on-site inspection and, if necessary, ticket issuance.

Scientific & Technological Objectives

The primary scientific and technological goal of the Cicicom “Smart Parking Violation Monitoring” project is to develop an integrated, innovative digital product with added value, strong commercial prospects, and long-term sustainability. By developing this new digital solution, Cicicom aims to support healthy business growth through the use of information and communication technologies (ICT), and strengthen the sector’s competitiveness and international outreach.

With its innovative features and competitive advantages, the product is expected to initially penetrate the domestic market and gradually expand into key target international markets. Furthermore, the adoption of this solution will accelerate the digital transformation of both public administration (municipalities and broader public sector entities) and private sector businesses, by meeting specialized operational needs.

Business & Commercial Objectives

The core business objective of the project is to validate the market and business model, in preparation for the launch of the Cicicom “Smart Parking Violation Monitoring” product in both domestic and international markets.

The digital solution is primarily targeted at corporate clients, such as private enterprises (B2B/B2B2C) and public sector organizations (B2G), but will also serve individual consumers (B2C) as end users.

The main commercial objective is to gather market intelligence to revise Cicicom’s medium-term business plan for commercializing the new product. This includes business planning based on updated financial analysis, marketing strategy, SWOT analysis, market analysis, and more. The scientific goals of the project support and align with Cicicom’s broader vision and reinforce its commercial growth.

The proposed commercialization activities are fully aligned with the company’s expertise and strategic goals, and also aim to:

• Strengthen Cicicom’s leadership position in the development and delivery of reliable information systems and smart solutions
• Expand the company’s workforce by creating new job opportunities
• Enhance Cicicom’s international presence through geographic expansion and entry into new markets

To achieve these objectives, the company has already clearly defined a potential customer base for the new product, focusing on addressing identified and real market needs in its target sectors.