What is Cocoparks?
Cocoparks is an integrated solution for intelligent mobility and parking management, powered by AI, that aims to create greener, safer, and more accessible mobility. This French tech startup has developed a turnkey system designed to help cities better manage the curb, minimize urban pollution by 10% and significantly improve the accessibility of city centers. The project tackles everyday parking nightmares—lost time, increased fuel costs, and heightened traffic congestion—with a smart combination of an AI-based sensor (fully GDPR compliant) that analyzes the urban environment in real time, a SaaS platform to transform the raw data into actionable information, and an app that brings real-time parking assistance right into the hands of citizens. It is a solution born out of the desire to make daily commuting and urban navigation simpler and more environmentally friendly… and it shows.
Main Benefit
- 25% of vehicles in cities are searching for a parking space.
- €600 spent annually by each driver on parking fees.
- 72 hours lost per driver each year while searching for parking spaces.
Diverse Urban Solutions
Cocoparks offers various solutions tailored to a multitude of urban challenges. For small and medium cities, the focus is on enhancing the attractiveness of city centers, managing blue zones, making construction sites more acceptable, and improving minute stops. Conversely, in large cities, the system helps to decongest city centers, valorize relay parking areas, and ensure safer roadways with improved calming measures. The integrated solution also benefits healthcare facilities by enhancing the parking experience for staff and visitors, for school and university campuses by ensuring better student parking and site safety, as well as airports with intelligent drop-off and optimized reception experiences. The project even extends to shopping centers, tourist sites, and urban logistics—structuring delivery zones, optimizing traffic flows, and ensuring the safety of deliveries. Additionally, charging stations benefit through real-time occupancy detection and automatic violation considerations… truly a diverse application set.
Innovative Product Suite
The heart of the Cocoparks solution lies in its comprehensive product suite. The Analytical Parking Observatory provides precise, objective data on parking, enabling accurate monitoring and decision-making. Control Assistance helps improve control efficiency through real-time data, while Real-time Parking Guidance offers daily visible services to users and enhances the overall parking experience. The Cocoparks App puts real-time parking assistance in the citizen’s pocket, and the Collaboration and Management of Orders feature saves time by transforming information into actionable steps that improve roadway quality. Lastly, the Parking Optimization tool reorganizes existing urban parking infrastructures to boost both attractiveness and safety. Each product interlocks with the others to create a holistic approach to curb and urban mobility management.
Cutting-Edge Technology and Vision
At the core of Cocoparks is a blend of cutting-edge technology and a clear vision for future urban landscapes. The proprietary AI-based sensor operates locally and in real time to analyze the urban environment, ensuring that the data collected is both precise and reliable. This sensor-driven approach allows cities to harness the power of accurate, real-time information via a SaaS platform, making it possible to respond quickly to shifting urban dynamics. Cocoparks’ dynamic journey began in 2020 with the creation of the company, winning an incubator competition at Cnam, and has continued through careful development and strategic deployments. The vision of creating livable, sustainable cities remains at the forefront of every innovation introduced by this project… with every new step forward reaffirming its commitment.
A Culture of Excellence and Impact
The Cocoparks project is not just a technological marvel; it is built on a solid foundation of social impact and a commitment to excellence. Born out of a responsible vision, the company was designed with the aim of positively influencing the daily lives of millions of city dwellers, promoting green practices and fostering a unique work culture based on impact, excellence, and conviviality. Since its recognition in 2022 as a reference solution in intelligent last-mile management and parking, the project has continually evolved, accelerating its deployments in communities across France and even internationally. This unique blend of high technology and genuine concern for the community ensures that every solution is tailored with both the urban mobility challenges and environmental sustainability in mind.
Project Impact
- SDG 3: Good Health and Well-being – by reducing pollution and enhancing urban livability.
- SDG 9: Industry, Innovation and Infrastructure – through the use of AI and advanced technological solutions.
- SDG 11: Sustainable Cities and Communities – by making cities more accessible, safer, and environmentally friendly.
- SDG 13: Climate Action – achieved by reducing CO2 emissions and cutting down fuel expenses.
Global Expansion and Future Ambitions
Cocoparks has steadily grown since its inception in 2020, with significant milestones marking each phase of its development. In 2021, deployments in several French cities, including Bordeaux, and the successful completion of its first public tender marked a strong start. By 2022, the solution was recognized as a reference in intelligent last-mile and parking management, which catapulted its reputation further. The developments in 2023—characterized by an accelerated pace in both deployment and community engagements—have opened doors for the project not only in France but also on the international stage. The future of Cocoparks looks promising as it continues to revolutionize curb management, making urban centers more efficient, less polluted, and ultimately, more welcoming to both residents and visitors… paving the way for a smarter, greener era in urban mobility.
