APCOA PARKING, Europe’s parking operator, has entered into a strategic partnership with GET MY PARKING (GMP), India’s principal smart parking startup, to customize and deploy an open IoT platform that provides a seamless mobility experience across all parking touchpoints. This digital platform will be scaled to all 13 countries in which APCOA operates more than 1.4 million car spaces at over 9000 locations. It is an interoperable platform, integrating varied parking equipment and connecting parking spaces to cars to create an overall mobility experience. This enables APCOA to provide the latest consumer solutions such as their recently launched mobile app APCOA FLOW, which includes ticketless automated access and cashless exit and will soon be enhanced by pre-booking options and on-street parking payment functions.
“This strategic partnership enables us to develop our digital platform and new products very quickly and cost-effectively. We are therefore in a position to offer our customers additional value: The GMP technology works with existing barrier technologies in older car parks, eliminating the need to purchase a new parking system. And the digital platform’s enhanced compatibility means that we can launch many new services and partnerships in the near future,” said Philippe Op de Beeck, CEO of APCOA PARKING Group.
“We are very excited about this collaboration, as it gives us a huge start in growing our international footprint. APCOA is the undisputed European market leader and we could not have asked for a better partner to enter the western parking market,” said Chirag Jain, CEO GET MY PARKING.Co-founder CMO Rasik Pansare added, “APCOA’s scale and size is the dream opportunity for testing our technology expertise. It is an ambitious project and our team is ready for the responsibility to assist millions of European motorists.”
This partnership is a marriage of operations and technology expertise, with APCOA’s experience and scale complimenting GMP’s innovation and agility. With such synergies, both expect to grow markedly in their own domains. GMP envisages learning a great deal from the advanced parking market of Europe and implementing that in the early-stage parking industry of India, thereby accelerating the smart parking ecosystem of India.Based on the new technology, APCOA will offer more customer-focused services while at the same time contribute to the smart city ecosystem with innovative solutions to help meet the many challenges facing modern cities.
The proprietary open platform is modular and future-proof, meaning it can be used in various capacities as per requirements and new capabilities can be integrated without affecting existing services. Offers from providers of other services like car sharing services, car rental companies, e-charging stations or parcel delivery services can be easily integrated into the platform, making the parking experience even more convenient. The first platform driven cooperation was entered into with Sunhill Technologies GmbH, a subsidiary of Volkswagen Financial Services AG (VWFS): Together with APCOA, they now offer customers of all VW Group brands contactless entry and exit, as well as automated billing of parking processes in the background.