Three Reasons Why You Should Digitize Your Parking Operations

1. EV Charging Unlocks New Revenue Opportunities

The automotive industry is undergoing a massive transformation — in both technology and consumer behavior. Electric vehicles are becoming mainstream, and car-sharing services are giving urban residents flexible access to a car without the burden of ownership. In both scenarios, parking spaces are a critical part of the infrastructure.

If you own or manage parking assets, you are in a uniquely strong position to expand your parking business and offer services that are already in high demand.

By digitizing your parking operations, you gain full control of your parking inventory. This opens the door to new business models — for example, offering integrated EV charging as part of subscription parking. With digital management, property owners can effectively become the fueling stations of the future.

2. Your customers expect digital tools

Digital user experiences for street parking have evolved rapidly, but on private property, digitalization often lags behind. As society becomes increasingly digital, so do expectations for how subscription parking should function.
Today, customers expect:

• Digital contracts
• Simple and secure payment options
• Digital keys and automated access
• Seamless self-service tools

To deliver these experiences, you must first digitize your internal processes. When you do, you unlock a true win-win:

• A smoother, modern experience for tenants and parkers
• Significantly reduced administration thanks to automated workflows (queue management, contract handling, billing, space allocation, and more)

Digital tools are no longer a competitive advantage — they are the baseline.

3. Data analytics powers smarter business decisions

Relying solely on instinct or past experience can lead to acceptable decisions — but rarely optimal ones. To make sharp, revenue-driving decisions, you need access to accurate, real-time data.

Can you honestly say you know the occupancy rate of every individual parking space you own?

“It’s not uncommon for our customers to discover parking spaces they didn’t even know existed — simply by digitizing their inventory.”
— Johannes Asp, CEO of Mobility46

Once you digitize your parking management, you gain access to a wide range of valuable data. You can:

• Identify deviations from market pricing
• Track vacancy levels
• Optimize pricing and product packaging
• Adjust your leasing strategy continuously
• Understand demand for EV charging, access control, micro-mobility, and more

There is no doubt: Digitalizing parking assets unlocks new business opportunities, and these opportunities will play a critical role in the mobility landscape for years to come.

Are you ready to join the digital parking revolution?

If you want to remain an attractive property owner — and stay ahead in a market shaped by electrification, data, and mobility services — then the time to digitize your parking operations is now.

Read more about our Parking Management System