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TORUS Automated Parking Solutions

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Page 1: Torus BIC

TORUSAutomated Parking

Solutions

Page 2: Torus BIC

Student Testimonials

Parking is a Problem

Torus1

Page 3: Torus BIC

Identifying and Targeting the Problem

Torus

1. Finding Available Spots

2. Inability to Understand Parking Needs

3. Funding

4. Poor Understanding of Technology

1. Increase Parking Revenue

2. More Electronic Payment

3. “Increase Use of Cell Phones to Find, Reserve, or Pay for Parking”

4. Move Towards Technology for Access Control

2

Page 4: Torus BIC

Market Research and Analytics

Torus

13%

84%

3%

Parking Spots in DowntownSurface Lot Garage Lot On Street

70%

30%

Parking AccessibilityPublic Private

90%

10%

Efficiency during peak hoursUsed spots Unused Spots

• 69,000 parking spots in Downtown Dallas

• 27% of land area is dedicated to off-street parking

• 7,000 spots completely unused

3

Page 5: Torus BIC

The Money in Parking

Revenue in Billions

$0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00

$15.10 $3.40 $2.50 $9.00

Global Market for Parking SolutionsTransient Event Airport On-street

Torus4

Page 6: Torus BIC

Competitive Analysis

Torus

Technology Sensors and App App Only App Only Sensors

OnlySensors

OnlySpot

Reservation Yes Yes Yes No No

Individual Accuracy Yes No No Yes Yes

Dynamic Pricing Yes No No No No

Solution Price $ $$ $$ $$$ $$$$

Current SensorSystemTorus

5

Page 7: Torus BIC

How Torus Solves the Issue

Easy App Interface

Individual Spot Accuracy

Improved Pay by Space

Dynamic Pricing

Less User Input required2

Torus6

Page 8: Torus BIC

S SS

SS

SS

SS

SS

SS

Low Power Sensors

Base Station

Torus

End Users

7

Page 9: Torus BIC

Application Preview

Sensor Enabled Spot

During Peak Times

Car Leaves

Torus8

Page 10: Torus BIC

Our Business Model

Torus

User Pays Nothing

• Enterprises and Operators

• Pay for sensors

• Each Torus enabled spot will carry a 2% royalty fee

• Given ability to advertise pricing on our app to target market immediately

9

Page 11: Torus BIC

The Team

Torus

Hans Ajieren

Christian Cortes Jai GhanekarElectrical Engineering

SophomoreMechanical Engineering Freshman

Computer Science

Sophomore

10

Page 12: Torus BIC

Advisors

Jonathan Reeder Dr. Walter Voit Jon ShapiroMaterial Sciences

Graduate ResearcherMaterial Science and Engineering

Assistant ProfessorVenture Development Center

Director

Torus11

Page 13: Torus BIC

Entering the Market

Relationships

+Net

work

UTD

Test Case

MarketabilityAnd Scalabilit

yTorus

12

Page 14: Torus BIC

Financial Projections

Year 1 Year 2 Year 3

Units / Install 1,000 7,000 50,000

Revenue $36,500 $605,500 $4.325 M

Costs of Goods Sold $30,000 $210,000 $1.25M

Maintenance and Operation Costs $10,000 $100,000 $500,000

Profit $ -3500 $295,500 $2.575 M

Torus13

Page 15: Torus BIC

Expenses

• Professional Programming - $2500

• Graphics Designing- $3000

• Pre-Manufacturing Costs- $2000

Torus

• Apple SDK $100/year

• Amazon EC2 Server free for first year

• LLC Registration $300

• Domain $20 / year

StartupExpensesScalability Expenses

14

Page 16: Torus BIC

The Vision

Torus15

Page 17: Torus BIC

Stop Driving In Circles