IEM Group

Name

IEM Group

Legal name

IEM SA

Website

https://iemgroup.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Smart Parking Solutions

NAICS

Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC)

akta.pro secondary industries

On-Street Parking Operations & Curbside Management (Meters, Permits, Loading Zones) (TLAJAIAA), Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt) (TLAJAIAE), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD)

Keywords

• Smart parking solutions
• Parking meters
• Vehicle detection sensors
• Parking management software
• Mobile parking payment

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Hardware Sales: Sale of parking meters (PrestoOne, PrestoInteractif, PrestoConnect), vehicle detection sensors (PrestoSense), and access control systems to cities and municipalities.
2. Software/Subscription Services: Cloud services, operator portals (Presto1000), and motorist portals (PrestoPark) with ongoing software maintenance and support.
3. Professional Services: Installation, maintenance, training, and consulting services for parking infrastructure deployment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

IEM Group designs, manufactures, and sells an integrated ecosystem of smart on-street parking solutions, including smart parking meters (PrestoOne, PrestoInteractif, PrestoConnect), LoRaWAN-based vehicle detection sensors (PrestoSense), cloud-based operator management portals (Presto1000), and motorist-facing mobile and web applications (PrestoPark). Its products are sold primarily to city governments and municipalities across Europe for parking payment, enforcement, real-time space monitoring, and policy management, supplemented by off-street access control and ANPR solutions (PrestoVisio, PrestoScan).

Product overview

IEM Group offers a comprehensive integrated parking management ecosystem called the Presto Ecosystem, combining hardware (smart parking meters and vehicle detection sensors) with cloud-connected software platforms. The portfolio consists of three parking meter models (PrestoOne, PrestoInteractif, PrestoConnect), a vehicle detection sensor (PrestoSense), an operator management portal (Presto1000), and dual motorist-facing channels (PrestoPark mobile app and PrestoPark.com web portal). The system enables cities to manage on-street parking with real-time space monitoring, virtual ticket payments, subscriber management, and enforcement support. Additional offerings include off-street parking solutions (PrestoVisio for access control, PrestoScan for ANPR).

Differentiator

Problem solved

Functional benefit

Brands

• Presto Ecosystem: Integrated smart parking solution ecosystem including parking meters, sensors, and management software
• PrestoPark
• Presto1000
• PrestoSense
• PrestoConnect
• PrestoInteractif
• PrestoOne

Products and services

• PrestoOne Single-space parking meter offering payment solutions for on-street parking with modern design, sold to municipalities and city governments.
• PrestoInteractif Touchscreen parking meter with a 7-inch color display, wheelchair-accessible payment height of 1.22m, compliant with the EN12414:2020 standard, deployed by cities including Antwerp (960 units) and Maastricht (400 solar-powered units).
• PrestoConnect Pay-and-display parking meter supporting multiple payment methods with modular architecture, for city and municipal on-street parking.
• PrestoSense Vehicle detection sensor using dual-detection technology with LoRaWAN connectivity for real-time parking space monitoring, with 650+ units deployed in Geneva.
• Presto1000 Web-based operator portal for managing and analyzing on-street parking policies across one or multiple cities, including parking meter supervision, subscriber management, and activity reporting, sold to municipal parking operators.
• PrestoPark.com Web portal (prestopark.com) for motorists to manage virtual parking payments, subscriptions, and fine payments, offered as part of the municipal smart-parking solution.
• PrestoPark Mobile application for motorists offering virtual parking ticket management, remote payment, stop/extend parking remotely, and navigation to available parking spaces with PrestoSense integration.
• PrestoVisio Access control solution with barriers for off-street parking facilities using ANPR technology, sold to operators of car parks and parking facilities.
• PrestoScan License plate recognition (ANPR) solution for managing off-street parking facilities, sold to operators of car parks.

Quantifiable outcome

• 650+ vehicle detection sensors provide real-time parking data for city planning
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered strategic, core and minor.

• TelenorstrategicTechnology or Integration · 1 May 2020Partnership with Telenor, a leading Scandinavian telecommunications company, for PrestoSense sensor deployment in Norway. Telenor provides LoRaWAN network infrastructure for smart parking sensor connectivity in Lillesand.
• IngenicocoreTechnology or Integration · 1 April 2020Collaboration with Ingenico, a global leader in payment solutions, for integration of payment processing in IEM parking meters. Adapted to Dutch C-TAP bank protocol for payment flexibility.
• IP ParkingcoreChannel Partner/ Reseller/ DistributorLocal distribution partner in the Netherlands handling sales, installation, and support of IEM smart parking solutions. Successfully collaborated on the Maastricht deployment of 400 parking meters.
• ButagazstrategicStrategic or Co-development PartnerSuccessful partnership with Butagaz, a leading multi-energy and LPG gas supplier in France. The collaboration enabled expansion of reach in France and provided tailored services to meet customer needs.
• 2PlusminorChannel Partner/ Reseller/ DistributorRegional distribution partner for Bulgaria handling local sales and support of IEM products.
• SIP (UK)minorChannel Partner/ Reseller/ DistributorRegional distribution partner for the United Kingdom handling local sales and support of IEM products.
• KrautliminorChannel Partner/ Reseller/ DistributorRegional distribution partner for Belgium handling local sales and support of IEM products.
• Peritus TechnologyminorChannel Partner/ Reseller/ DistributorRegional distribution partner for Australia handling local sales and support of IEM products.
• Harding TrafficminorChannel Partner/ Reseller/ DistributorRegional distribution partner for New Zealand handling local sales and support of IEM products.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Cale Group (Cale Access): Cale is a Nordic manufacturer of parking meters, pay-and-display terminals, and back-office management software used by cities across Northern Europe. Its product stack (meters + central system + mobile) overlaps almost 1:1 with IEM's Presto Ecosystem and it appears on the 'key players in on-street parking' page of iemgroup.com.
• PayByPhone: One of the largest mobile parking payment platforms in Europe and North America, used by hundreds of municipalities. It competes directly with IEM's PrestoPark mobile app and PrestoPark.com portal for the motorist-payment slice of city parking contracts.
• Metric Group: UK-based manufacturer of on-street parking meters and ticket machines (including the Metric Elite) supplied to British and international city councils. It competes with IEM for European municipal contracts and overlaps in smart, multi-payment meter hardware.
• Tattile: Italian provider of intelligent transportation and parking systems, including ANPR/LPR cameras, smart parking sensors, and enforcement hardware. Comparable to IEM's PrestoSense and PrestoScan offerings and operating in many of the same Southern European markets where IEM has subsidiaries.
• Flowbird Group: Flowbird (formerly Parkeon + CITA) is the largest European parking meter and smart-parking platform vendor, combining hardware (pay stations, sensors), mobile apps, and cloud software for municipal clients. It competes head-to-head with IEM for the same European city RFPs across on-street metering, enforcement, and digital payment.
• Hectronic: German-headquartered supplier of parking machines, vehicle detection sensors, and access control systems with strong DACH municipal presence. Its Citea/Premio meter lines plus HecCoins and HecPay software compete directly with IEM's PrestoOne, PrestoInteractif, and Presto1000 in German-speaking Europe.
• Duncan Solutions: US-based provider of parking enforcement, permitting, and management software plus meter hardware for municipalities. Comparable SaaS-plus-services model to IEM's Presto1000/PrestoPark portfolio, primarily in a different geography but addressing the same B2G parking buyer.
• ParkMobile: Mobile-first parking payment and enforcement SaaS platform with strong North American municipal share and growing European footprint. It is a competing 'app + cloud' layer that cities sometimes pair with or instead of on-street meter suppliers like IEM.

Broad incumbents

• Siemens Mobility: Siemens' Intelligent Traffic Systems business bundles parking, traffic management, and transit within a global ITS portfolio. While not exclusively focused on parking, it competes for the same Smart City integrations that drive larger European municipal procurements where IEM also bids.
• Indigo (InfraVia): Global parking operator and technology provider operating on- and off-street facilities and offering digital parking services (Indigo Neo, OPnGO). It is not a pure hardware peer, but its operator-plus-tech model competes with IEM at the city services layer in Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/iem_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IEM Group