ParkMobile provides innovative parking management solutions that enable users to find and pay for parking through mobile devices. The company's technology allows customers to pay for street and garage parking without using meters or kiosks, and offers parking reservations for various events and locations. ParkMobile's cloud-native infrastructure, which was about 90% complete as of December 2021, utilizes Amazon Web Services (AWS) technologies such as Amazon Elastic Cache, Amazon Aurora, and Amazon Managed Streaming for Kafka. This transformation has reduced operational costs and improved efficiency. The company's software integrates internet of Things (IoT) devices to provide real-time data and analytics on parking occupancy. ParkMobile's solutions include features like real-time occupancy guidance, contactless payment, navigation assistance, and easy access via smartphone or web. The company also offers dynamic pricing models based on demand and collaborates with private garage operators and municipalities on IoT innovations, such as placing sensors on license plates and integrating cameras on e-gates to automate services. In June 2021, ParkMobile was acquired by Stockholm-based EasyPark, expanding its presence in the US market.
Key customers and partnerships
ParkMobile's services cater to a diverse range of clients, including municipalities, universities, retail establishments, restaurants, and corporate facilities. The company has been expanding its geographical reach and focusing on selling its parking services to new markets. ParkMobile collaborates with private garage operators and municipalities to implement IoT innovations and improve parking management. The software integrates with various payment platforms, including ParkMobile's own system and Flowbird, to offer users multiple payment options.
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