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Smart parking management platform

As South Africa, and the world, come to terms with hybrid working replacing the old model of full-time office-based employees, the knock-on effects have forced landlords and property investment companies to reimagine the efficient use of commercial real estate, not least the expensive and administration-intensive management of parking bays.

Officially launched in 2022, South African born-and-bred technology platform, Parket, builds a seamless bridge between supply and the ever-increasing, but fluid – and often temporary – demand for parking bays.

Parket is a smart parking management software platform company that is headquartered in Cape Town. Parket delivers an intuitive software management platform that interfaces seamlessly with IoT-driven access technology to bring about real business change, which landlords and parking management companies are striving for.

The company has introduced a no-touch, cashless and ticketless parking system that comprises licence plate recognition and QR code-enabled access with mobile app-based pre-booking and payment facilities.

Going beyond alleviating the frustrations of searching for parking in busy cities, Parket aspires to positively impact the environment through reducing greenhouse gas emissions associated with circling/cruising for parking, and through eliminating the use of consumables related to ticketing.

Parket has successfully built the bridge between landlords and consumers, offering a product that reduces capital expenditure by a factor of 10, while providing a fully digital and contactless interface for users of parking bays.

Developed and proven in South Africa, Parket is now ready to scale throughout SA and abroad, underpinned by its licence plate recognition and user QR code access technology, and smart management software, all housed in a mobile app.

This platform allows landlords to allocate bays, and tenants to manage many employees with a limited number of parking bays in real time, while enabling seamless visitor access and the ability to pull up reports from a user-friendly dashboard. The added ability to sell vacant bays on a demand-led basis has proven exceptionally popular because of the profit it generates from an otherwise stagnant asset.

While some systems manage access control and others manage the paperless hourly allocation of parking bays or a marketplace for vacant bays, Parket is the only platform that seamlessly integrates all these functionalities into a single interface which is easily manageable with the Parket mobile app, all the while being 100% PoPIA complaint.

Find out more at www.parket.co.za

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