APCOA PARKING Enters Strategic Partnership with Indian Startup GET MY PARKING to Enhance Smart Parking Portfolio

http://apcoa.com/press/press-releases/article/apcoa-parking-enters-strategic-partnership-with-indian-startup-get-my-parking-to-enhance-smart-parki/

Stuttgart/Delhi, 30 May 2018 - APCOA PARKING, Europe’s leading parking operator, has entered into a strategic partnership with GET MY PARKING (GMP).

  • Collaboration leads to digital customer solutions for connecting parking with consumer mobility
  • Technology to integrate parking equipment with cloud based IoT to bring all APCOA parking lots across 13 countries onto a standard, interoperable platform
  • Open platform will enable new partnerships and business models across smart city and connected mobility ecosystem
  • Recently launched APCOA FLOW app in Germany is the first of the many outputs to be powered by this platform

Stuttgart/Delhi, 30 May 2018 - APCOA PARKING, Europe’s leading 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 (www.apcoa.de/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 contributing 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.

Contact:
APCOA PARKING Holdings GmbH
Sebastian Merkle
Flughafenstr. 34
70624 Stuttgart-Airport
T: +49 711-94791-100

About APCOA PARKING Group
APCOA PARKING Group is Europe’s leading parking management company with more than 45 years of industry expertise. APCOA Group’s 5,000 employees manage approximately 1.4 million individual parking spaces at over 9,000 locations in 13 European countries. These include parking spaces at 1,800 city and shopping centre locations, 400 hotels, 150 hospitals and 58 European airports. With its consistent “asset light” business model, APCOA is a trusted partner for private and public real estate owners.

APCOA’s advanced IT platform is the interface between its car parks, business customers, partners, car drivers and their vehicles. Thus, APCOA is able to offer its business and end customers innovative services and products to improve the efficiency and comfort of their mobility experience. In addition to the company’s customers, these innovative services also create environmental benefits: APCOA actively contributes to reducing CO2 emissions in cities and at traffic intersections by reducing the volume of traffic searching for parking spaces with the aid of digital services and the company’s intelligent traffic management system.

About GET MY PARKING
GET MY PARKING (GMP) is a smart parking platform startup, founded in July 2015 by Chirag Jain and Rasik Pansare with the aim to digitize the fragmented parking industry. Since then their team has grown to 70 members with offices in Delhi, Bangalore, and Germany. GMP has digitized more than 300 parking locations that process 2 Million parking transactions monthly. After dominating the Indian parking tech industry as the market leaders, GMP has now begun a global expansion with 3 overseas projects. They were recently awarded the Amazon AWS Mobility Awards 2017 as the 'Travel App of the Year' (emerging).


www.getmyparking.com
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