Hamba

Hamba is an Artificial Intelligence (AI) focused technology company that uses real traffic time data and a mathematical algorithm to solve road traffic congestion challenges within an urban environment. Our solution will reduce road traffic congestion by up to 25% and waiting time by up to 50% by dynamically changing the traffic lights.

We have limited traction, we currently in ongoing negotiations with the City of Cape Town to pilot the suburb or enter into a private sector/government partnership.
We are looking to expand into other international markets and have signed a partnership with a UK company named Ascendal as a reseller of our solution in the developing market.

The target market: City municipalities, law enforcement agencies, town planners, developers, event organizers, logistic companies, and local businesses.
Pricing: Software as a service, consulting, and license fees

By dynamically changing traffic lights with real time data driven algorithm, we can improve traffic congestion. The social and economic impact for a City, its residents, businesses and infrastructure is immeasurable.

By dynamically changing traffic lights with real time data driven algorithm, we can improve traffic congestion. The social and economic impact for a City, its residents, businesses and infrastructure is immeasurable.

Signal Labs and Surtrac

The competitors use a series of traffic lights/intersections to determine traffic patterns. The competitors can't anticipate traffic flow, whereby Hamba uses real time vehicle data determine traffic flow and traffic light timing.

Revenue = SAAS plus recurring data fees per traffic intersection/area

The City, developers, town planners, logistics company’s, insurers, event organizers and local businesses subscribe to the service.

Revenue forecast in Yr 5 = $5 500 000
NPBT forecast in Yr 2 =$2 600 000
The operating profit margin is between 47%

Business model = SAAS/data rate per area and intersection
Channel = Direct and software reseller

The founders have injected to date $50 000 directly into the business.

The founders have worked on the project for last 24 months, of which CEO has worked full time for last 12 months without drawing a salary.

No

1. Sales Lead Time of City, Municipality or Council (reluctant to change)
2. Current traffic infrastructure

No

No