The ParqEx Insider – Your Monthly Parking & Tech Update

An Automated Parking Guidance System (APGS) is designed to take the guesswork out of finding a parking spot. Instead of circling endlessly and hoping to get lucky, APGS helps drivers head straight to an available space.

Cities are stepping up enforcement with more license plate recognition (LPR) sweeps, stricter rules, and higher parking fines. For property managers and building owners, that can feel intimidating—but it’s also actually a huge opportunity.

Mixed-use developments establish themselves around convenience, community, and stable revenue by combining residential, commercial, and retail spaces all in one property.

For property managers and HOAs, unauthorized parking isn’t just a bother — it’s a persistent problem that can strain relationships in the HOA, impact safety, and reduce resident satisfaction. Whether it’s unregistered visitors taking up valuable parking spaces or residents ignoring assigned spots, every violation chips away at a property’s order and efficiency.

The invisible threat of revenue leakage is a familiar challenge. Revenue loss may stem from human error, intentional misuse of parking, such as tailgating other vehicles, or limitations in parking operations. But what if we told you that your parking facility could automatically capture revenue that would otherwise be lost? ParqEx has addressed the revenue loss and leakage problems.

Logistically, managing employee parking has posed challenges for businesses for years. Traditional public, private, and employee parking solutions rely on outdated paper-based management and enforcement methods that have failed to scale or adapt to evolving needs.

We have stated this throughout our entire parking career and will continue to reiterate it: parking is becoming increasingly frustrating, especially in densely populated urban areas. Residents of multi-unit buildings and co-op housing communities experience extreme daily parking frustration, and these communities are now beginning to seek technological solutions.

Like anything else, college and university enrollment fluctuates. However, as enrollment increases and student populations grow, current and future student housing developments are back in the spotlight.

Like any place with large crowds, beach towns face significant challenges with parking enforcement. With minimal parking available, if tourists cannot find a space, they often park illegally—blocking loading zones, in people’s driveways, in restricted areas, or business parking lots.

As transportation, fleet operations, and logistics companies continue to expand and deploy more long-haul semi-trucks and their drivers on the road, one of the most significant challenges faced by these industries is the overwhelming shortage of designated hourly and overnight truck parking spaces available for all their drivers.

Artificial intelligence is undoubtedly helping the parking industry become more efficient. With urban cityscapes continuing to grow rapidly, parking remains a challenge, and efficient parking management is essential to keep up with rising demand.

Those unfamiliar with the increasing importance of parking need to be made aware of how critical and practical proper parking management is for businesses, property owners, property managers, residents, and even visitors.

At ParqEx, we’re committed to continuously improving our technology to meet the needs of our customers, whether they are property managers, parking operators, or enforcement providers.

The main goal of all event planners is to guarantee that the entire event experience is as seamless, straightforward, and enjoyable as possible for event attendees. But, like anything, event planning has its fair share of challenges.

In most, if not all, urban environments and big cities, finding safe, secure, and convenient parking can be a noteworthy challenge for individuals and businesses.

The White-Label SaaS process is not as convoluted and complicated as one might generally associate with SaaS. The typical standard white-labeling process involves manufacturers creating generic products sold to different companies.

Vehicle identification numbers (VINs) are becoming increasingly a steadfast way to enforce parking. VINs, a unique alphanumeric code assigned to every vehicle, never change.

In the heart of a bustling city, a high-rise condominium sought to elevate its valet parking workflow and services, aiming to harmonize convenience, security, and technology.

ParqEx’s integration of artificial intelligence (AI) in its smart parking solutions is bringing about a transformative era in parking management and security.

ParqEx’s integration of Artificial Intelligence (AI) into its parking technology platform marks a significant leap in the evolution of parking management and security.

Have you ever driven past an open, ungated surface parking lot with ample parking? Does that surface lot sit ungated without a parking lot attendee? Does that parking lot operate purely off of a kiosk or a QR code-based system?

At this point, we are all familiar with the sharing economy. Big names like Uber, Lyft, WeWork, Industrious, Airbnb, Vrbo, and ParqEx are just a few companies that have made their mark in this industry.

Five to ten years ago, people considered the benefits of electric vehicles (EVs) for the environment and maybe their pocket, too. Now, when driving down the road, it is guaranteed you will see various types of EVs all around you.