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SMART TRANSPORT FEATURE NEWS

Parkway Corp and FlashParking Deliver Future-Ready Transportation Solutions

By Chrissie Cluney April 26, 2019

Parkway Corporation and FlashParking have partnered to deliver future-ready parking and mobility solutions. This partnership will assist to reduce congestion and improve traffic in cities across Parkway Corporation’s real estate portfolio.

These two companies will have the parking industry’s first enterprise-wide partnership. FlashParking has become the elite parking technology provider for Parkway Corporation’s owned garage portfolio. By using FlashParking’s enterprise platform, Parkway Corp. will improve customer experience through consistent operations and analytics across their portfolio.

The company will leverage FlashParking’s real-time, cloud-based intelligence to help ease urban congestion in its operational markets. The company will also enhance positioning both enterprises as leaders in the transition to integrated, mobility-as-a-service [MaaS] technologies and services.

“As a business who has the ability to influence urban mobility significantly, it was imperative for us to work with a technology partner that could help us innovate to solve the growing congestion issues facing urban populations,” said Robert Zuritsky, CEO, Parkway Corporation and incoming board chairman, the National Parking Association (NPA). “Partnering with FlashParking at an enterprise-level will allow cities, like our hometown of Philadelphia, to benefit from the real-time data and business intelligence that can help win the war on congestion.”  

What’s ahead for the completion of this partnership? For the next upcoming six months, FlashParking’s operations team will deploy hundreds of entry/exit and pay-on-foot kiosks. These kiosks will replace Parkway Corp.’s current PARCS equipment from legacy providers. FlashParking’s proven direct installation model ensures that installations stay on schedule and budget. This will guarantee consistent quality and standardized on-boarding processes without disrupting operations.

Parkway Corp.’s leadership will have a 360-degree, real-time holistic view of all their owned parking assets. Access to real-time metrics, such as supply, revenue, transactions, occupancy will allow them to proactively make better operational decisions on both a site and portfolio-wide level. This company will also capitalize on FlashParking’s future-ready system that can expand and support new capabilities as technology and customer demands evolve. Parkway Corp’s customers will experience a high-quality, frictionless parking experience with FlashParking’s FlashBeacon technology.

“We are leading the transition to the future of parking which is a key element in the urban mobility industry, a concept which Parkway’s CEO, Robert Zuritsky, keenly understands. Zuritsky’s strategic decision to engage in an enterprise-wide technology solution will help Parkway not only achieve significant cost-savings and efficiencies, but it will further position the company as a leader in the urban mobility landscape,” said Juan Rodriguez, CEO, FlashParking. “FlashParking and Parkway, two American companies, working together will deliver an ecosystem of future-ready mobility solutions that will evolve with technologies like driverless cars, ride-share services, and frictionless access to better serve urban communities.”


Chrissie Cluney has been a correspondent for IoT Evolution World since 2015. She holds a degree in English with a concentration in writing from the College of Saint Elizabeth.

Edited by Ken Briodagh
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