Stuttgart/Bonn, 8 October 2019 - APCOA PARKING Group ("APCOA"), Europe's leading parking manager and Deutsche Telekom, Europe's largest telecommunications company, have signed a strategic cooperation agreement to develop and launch a comprehensive parking service offering including APCOA parking garages and on-street spaces. The aim of the cooperation is to provide customers of the joint parking solution with a parking product that is as complete as possible.
The agreement includes the integration of the APCOA FLOW platform as an authentication technology for non-contact entry and exit and automated payment in the APCOA-managed parking facilities. In addition, customers will be provided with additional parking spaces that were previously inaccessible to the public in residential and office properties at after-hours. Deutsche Telekom is using its Park and Joy app as a parking solution. It shows free parking in public spaces and private areas and also allows you to book and pay by smartphone. The combination of the two innovative technologies creates a comprehensive range of services for parking in car parks and on the roadside in Germany.
Within the scope of this cooperation, motorists should be provided with a common parking solution consisting of elements of both parking solutions of the respective parties. This allows them to access and exit non-contact and automated payment (APCOA FLOW) as well as to display, book and pay in public and private areas (Park and Joy). To this end, a corresponding embedding of the APCOA FLOW non-contact entry and exit functionality and automated payment in APCOA-managed parking facilities is agreed in the Park and Joy App.
APCOA PARKING Holdings GmbH
T: +49 711-94791-100
About APCOA PARKING Group
APCOA PARKING Group is Europe's leading parking operator with more than 45 years of industry expertise. With its 5,000 employees, the company manages approximately 1.5 million individual parking spaces at over 9,500 locations in 13 European countries. These include parking spaces at 1,800 city and shopping center locations, 400 hotels, 150 hospitals and 58 European airports. With its consistent "asset light" business model, APCOA is the trusted partner who maximizes value for private and public real estate owners.
Via its open digital platform APCOA FLOW, the company connects on-street and off-street car parks with clients, partners, customers and their vehicles. Based on this technology, APCOA is transforming its car parks into mobility hubs, offering innovative services that enable a more convenient mobility experience. The environment also benefits: with its digital services and intelligent Traffic Management System, the company actively contributes to the reduction of emissions in cities by decreasing the volume of traffic searching for parking. By connecting parking and mobility, APCOA is positioned to become an integral part of the Smart City.