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Intermobility Expo 2023

EXHIBITOR SPOTLIGHT

PARK IT SMART WITH PARKONIC

What inspired you to join the parking industry, and what experience do you have in this field?

As an engineer during my tenure at the California Department of Transportation, I gained in-depth knowledge and expertise in traffic management and transportation systems. Later, while in the UAE, I saw an opportunity to bring innovation to the parking industry, which was still relying on antiquated technology.

I was passionate about utilizing technology to streamline parking operations, enhance user experience, and address the challenges parking operators and drivers face. I have since been dedicated to developing and implementing cutting-edge parking solutions that leverage advanced technologies such as smart sensors, data analytics, mobile apps, and online reservation systems.

My experience in the parking industry has allowed me to gain insights into the unique complexities and requirements of parking operations, and I have been committed to driving positive change by integrating technology to optimize parking processes, improve customer satisfaction, and contribute to the evolution of the parking industry.



What are some of the biggest challenges facing your company in the parking industry, and how have you addressed them?

Gaining acceptance and adoption of our parking technology is a crucial challenge for our company. We have implemented a multifaceted approach to overcome this challenge.

We conduct extensive testing and pilot programs, gather feedback, and make necessary improvements based on real-world usage. We actively engage with clients and stakeholders, providing comprehensive demonstrations, case studies, and data-driven evidence to showcase the benefits and ROI of our technology.

We emphasize the value proposition of our solution in terms of increased efficiency, cost savings, enhanced user experience, and improved revenue generation for parking operators.


How do you differentiate your parking company from competitors, and what unique value do you offer to customers?

PARKONIC differentiates itself in the parking industry by offering wide range of parking solutions that cater to different locations and requirements, including PARKONIC Free Flow, PARKONIC Residential, PARKONIC Space Share, PARKONIC Gate Access, and PARKONIC On-Street Parking.

These solutions are powered by advanced Layer 0 in-house developed A.I. Algorithms to maximize the efficiency of the parking structure and bridge the information to Layer 1 and Layer 2 tools, such as cloud-based mobile applications, automated systems, and real-time reporting.

Additionally, PARKONIC provides a cloud-based dashboard for efficient management and monitoring, value-added services like cashless payments, and a commitment to sustainability and smart city initiatives.

With PARKONIC, clients can benefit from tailored solutions, cutting-edge technology, comprehensive services, and a focus on sustainability and innovation.


How do you assess parking demand and determine pricing for your facilities, and what factors do you consider when setting prices?

At PARKONIC, we use a data-driven approach to assess parking demand and set competitive pricing strategies based on factors like foot traffic, location, and amenities.

In addition, our technology solution, PARKONIC, features "variable pricing", which allows parking owners to have pricing flexibility based on demand. This means that parking owners can easily update or change their parking rates in real-time, based on factors such as time of day, day of the week, special events, or holidays.

This dynamic pricing approach enables parking owners to optimize revenue and occupancy rates by aligning their pricing with the fluctuating demand patterns.


What steps do you take to ensure that your parking company is environmentally friendly and sustainable?

At PARKONIC, we are committed to environmental sustainability in our parking solutions. Our barrierless PARKONIC Free Flow system reduces congestion, and our solar-powered PARKONIC On-Street Parking uses clean, renewable energy. We operate cloud-based technology and promote cashless payments and digital transactions through our PARKONIC App.

Additionally, we invest in innovative technologies like shared economy business models – PARKONIC Space Share, to support smart cities. Our goal is to minimize our environmental impact and build a sustainable future.


What do you see as the future of the parking industry, and how do you anticipate your company adapting to new trends and technologies? – where technology is heading.

As a leading player in the parking industry, PARKONIC envisions a future driven by innovation and technology. We see technology as a powerful business facilitator that can revolutionize how parking is managed and utilized.

One of the key trends we anticipate is the increased adoption of smart parking solutions. With the proliferation of Internet of Things (IoT) devices and data-driven technologies, we foresee parking facilities becoming more intelligent and interconnected. PARKONIC is well-prepared to adapt to this trend, as we have already integrated smart parking solutions into our comprehensive parking management offerings.

Furthermore, we recognize the increasing role of technology as an enabler of sustainability and efficiency. We believe that shared economy models have the potential to optimize parking resources, reduce the need for new parking construction, and minimize environmental impact. PARKONIC's Space Share solution facilitates parking space sharing among different users, maximizing the utilization of parking spaces and promoting sustainability.


What are some exciting developments or upcoming projects in your company that you'd like to share with attendees? Could you give us a sneak peek of what attendees can expect from your booth at the Intermobility META expo?

At PARKONIC, we have some exciting developments and upcoming projects that we can't wait to share with attendees at the Intermobility META expo! Get ready for a sneak peek of our latest services - PARKONIC Space Share and PARKONIC On-Street Parking.

PARKONIC Space Share is our innovative parking-sharing solution that will revolutionize how parking spaces are utilized, maximizing efficiency and minimizing the need for new construction. Discover how it promotes sustainable parking practices and unlocks new possibilities for shared economy business models.

But that's not all! Our cutting-edge PARKONIC On-Street Parking is the first-ever cloud-based parking solution that supports smart mobility and smart city initiatives. Learn how it leverages technology to optimize parking management and enhance urban mobility for a better, more connected future.

Visiting our booth at the Intermobility META expo will be a unique opportunity to see first-hand how PARKONIC is at the forefront of the parking industry, providing innovative and sustainable solutions that drive positive change.

Join us for an exciting showcase, invigorating discussions, and invaluable insights that will leave you inspired and ready to embrace the future of parking with PARKONIC!