White Paper

Powering the Parking Evolution

From Isolated Parking Assets to Connected Mobility Hubs

ABSTRACT

Urban areas are experiencing an evolution from the antiquated model of disjointed transportation and navigation to an intelligent, dynamic mobility ecosystem. New and reimagined modes of transportation are rapidly emerging within this ecosystem to meet travelers’ and commuters’ needs for the first mile and last miles of their journey; and for avoiding the wasted mile.

In this emerging environment, municipalities and owners and operators of legacy parking assets face myriad risks and opportunities. For example, the widespread adoption of ride-hailing services has had a negative impact on parking operations, it has also created material social costs – contributing to gridlock, the resulting pollution, and its attendant health problems for urban residents and workers. However, by embracing new technologies and transforming certain aspects of their facilities, management systems, and business practices, asset owners will play a leading role in the future urban transport and navigation ecosystem.

FlashParking, headquartered in Austin, TX, is leading the technology transformation through development and wide-scale deployment of a unique solution for powering the parking industry’s transition from legacy assets/systems to a critical and valuable part of the emerging mobility ecosystem: the connected Mobility Hub.

 

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HEADQUARTERS

FlashParking 3801 South Capital of Texas Highway, Suite 250 Austin, TX 78704

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sales@flashparking.com

800.213.3706

SUPPORT

support@flashparking.com

888.737.7465

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