Back in the 2000s when the Parking Guidance industry was relatively still smaller, the founder of Precise was part of the startup team of now leading Parking Guidance Company. In the journey of building the company from the ground up and understanding of the industry from the inside out, a very clear service gap in the market was perceived. It was hard to find an LED displays OEM who had a deep understanding of the Parking industry. So on exiting the Parking Guidance business, the founder set up Precise Group Technologies (also called Precise Displays).
The goal of Precise was to engineer displays that were not just cost effective, but user friendly also. In addition to cost savings, our signs also addressed the installation and commissioning issues faced by erstwhile Parking Guidance Solution providers. In essence, Precise’s vision was to deliver custom LED displays that catered to specific requirements and addressed specific challenges faced in the PGS space
The idea for our Version 1 signs was thus formed. A journey had begun to gather the smartest minds to realize this vision. The first set of signs was produced in 2013. Thanks to feedback from our clients on Version 1, and the learning from this development, our Theon Lite Series or as it was known in the earlier days, Version 2, was developed. The version 2 signs were robust and very lite in its design. Each sign in the Version 2 range was fit for a specific purpose, and hence not very flexible.
This lead to our Theon SMART series, or what we also call Version 4. The Theon Smart Series was a very unique and smartly engineered sign fit for almost all Parking related applications. The Smart Series’ USP are it’s software configurable features that enabled it to be plugged in at the time of installation and commissioned remotely. This was a big leap from the days when installers had to use a ladder to configure dip-switches as part of the installation and commissioning process. At present, our LED displays can be found all over the world from the United States to Europe; from the Middle East to the Asia-Pacific region, including Russia.
Precise continues to lead with innovation as its foremost driver. Precise now works with the top players in the industry to develop custom displays for their individual needs and styles. With Precise as a partner, our clients continue to stay ahead of the curve.
Precise, at its heart, is a Technology company. Precise continues to explore other areas to innovate in, and are not defined by a specific vertical. One area of focus for the future is IoT. Precise is currently working on a number of concepts that will see it’s adoption in the real world soon.
Innovation and Capability
Precise has a strong engineering team, with a variety of strengths. Being a very young team, our focus and approach is very flexible and dynamic. We can cater to our customers’ needs and technology paths through easily adopting newer technologies to provide a new and effective customer experience for themselves and their clients.