The tender is the first commercial rollout of SenSen technology with a major U.S. city.
Australia-based artificial intelligence (AI) solutions provider SenSen Networks has bagged a US$1.5 million tender from the City of Las Vegas, United States, the company announced in a statement late last week.
This is the first commercial rollout of SenSen technology with “a flagship US city customer”, and also the largest commercial deployment of Gemineye units with a single SenSen customer, the company noted in the statement.
Under the tender, SenSen will be supporting the City of Las Vegas’ goal to become a true Smart City by 2025 through intelligent transportation and smart city solutions. The company’s transportation solutions will automate the enforcement of local laws pertaining to traffic regulations and street parking to help keep Las Vegas roads safe and congestion free.
It added that SenSen will earn a part of the contract earnings ($397,600) through a milestone delivery-based schedule from May to August 2020. Additionally, SenSen will earn from Software as a Service (SaaS) monthly revenue spread over five years (60 payments of $19,781).
SenSen CEO Dr Subhash Challa, said in the statement, “Las Vegas is a flagship US city and SenSen is excited to be providing its world-leading AI and video analytics expertise in improving the amenity of the City’s citizens by helping reduce traffic congestion and efficiently manage its parking.”
“This is a major milestone for our business in the US. We expect operations will continue to grow as more and more forward-thinking cities seek Smart City intelligent transportation solutions,” he continued.
The deal will introduce two SenForce automated mobile parking enforcement units (which need to be attached to a patrol car) and 80 Gemineye AI-powered smartphone apps for smart city analysis solutions, later this year.
The statement added that the Las Vegas contract expands SenSen’s operations in the U.S. The AI solutions provider is also working with the City of Chicago under Chicago Parking Meters, LLC to improve parking space management in the city.
Earlier this year, SenSen signed a $1.24 million contract with the Government of Singapore to deter illegal parking and prevent traffic congestion. The five-year SaaS contract will utilize SenSen’s software across 70 enforcement zones in the country’s central business district to through AI and video analytics.
The contract was awarded in February to SenSen and its systems integration partner ATT Systems Group. With the deal, SenSen operates a total of 591 cameras in the region.
Header image courtesy of SenSen