ParkCloud has signed a technology agreement with SAP (NYSE: SAP), where it will integrate its solution with SAP® Vehicles Network running on SAP HANA® Cloud Platform for the Internet of Things. When used together with SAP Vehicles Network the ParkCloud solution will help enable drivers across Europe to reserve parking, manage park reservation systems and parking inventory.
The collaboration is expected to generate new revenue streams for ParkCloud’s parking operators whilst delivering a convenient vehicle-centric experience for the customer.
Mark Pegler, Managing Director, ParkCloud said: “Working in collaboration with SAP is a significant milestone for us, and demonstrates our commitment to working with the parking industry to deploy innovative, cutting-edge technology.”
ParkCloud offers 340,000 bookable parking spaces in 1,250 car parks across 414 locations worldwide, and was selected to provide a broad range of parking inventory for the SAP Vehicles Network.
“ParkCloud’s solution fits with SAP Vehicles Network aims and objectives in simplifying parking access and mobility services for drivers across Europe and globally,” said Gil Perez, SVP IoT & Customer Innovation, General Manager Connected Vehicles at SAP.
The SAP Vehicles Network is a cloud offering that enables enterprise companies to offer end-to-end vehicle & mobility centric services more securely and conveniently, irrespective of devices or vehicles.
SAP Vehicles Network will enable drivers in North America and across Europe to access connected fueling and connected parking through a mobile wallet or app. Services provided through SAP Vehicles Network will help empower drivers to activate gas pumps, pay at the pump, reserve parking, open off-street parking gates and pay for on-street parking.