Financial

Innovation Navigator … September 2024

The Necessity of ‘Reinventing the Wheel’ in the Parking Industry   When it comes to innovation, it’s often said that we “should not reinvent the wheel.” However, history shows us the flaws in this perspective. The wheel itself has been reinvented countless times, evolving from a simple rounded stone slab to the sophisticated rubber-tired mechanisms […]

Payment Methods Matter

To Thrive, Parking Operators Must Understand Consumer Payment Preferences By Scott A. Petri   Is there tangible value in considering customer conveniences?   As payment technology evolves, the future of parking transactions will likely continue to move toward cashless methods, driven by consumer preferences for convenience, speed, and security.   Unquestionably, it’s important. In a […]

The Power of Public Relations

How To Harness Publicity to Benefit Your Company  By Bill Smith   Your organization should have a strategic public relations (PR) program. If you don’t, your marketing and business development efforts aren’t nearly as effective as they could be, and you are likely losing out on business opportunities. Unfortunately, most parking organizations don’t have PR […]

Industry News … September 2024

Access solutions provider ASSA ABLOY has signed an agreement to acquire SKIDATA, a provider of access management solutions and part of the Public Access division of the Kudelski Group. Subject to regulatory approval and customary closing conditions, the acquisition is expected to close during the third quarter of 2024.   The privately held investment company […]

Authentic Concern … September 2024

Parking Predictions: Consolidation, Innovation, and Collaboration   Predicting the future can be a tricky business. If you don’t believe me, watch your weather every night on the news or check it on your favorite app three days out. I can almost guarantee it will be wrong because there are too many variables that affect the […]

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