COMPANY PROFILE
Quick Facts:
> There are more than 5,000,000 metered spaces worldwide and 16,000 parking garages in the US.
> Drivers looking for parking spaces generate 28-45% of urban traffic congestion.
> Bringing real-time parking inventory to mobile phones and cars can greatly help drivers locate parking, thereby reducing gas consumption, carbon emissions, and traffic congestion.
> Parking In Motion has coverage in 500+ cities, 19 countries, and 3 continents.
Parking In Motion
Parking In Motion’s goal is to provide the most accurate and instantaneous real-time parking information to the world. Empowering users with better parking information has immense economic and environmental benefits, as experts estimate that 30% of urban traffic is caused by motorists looking for parking.
Parking In Motion has developed a robust database of real-time and static parking data. Its data—which features coverage in 500+ cities in the US, Canada, and Europe—includes comprehensive rates, hours, entrance points, and occupancy information. Additionally, its database includes on-street meter and sign restrictions in the top 26 US markets. By “tapping” into already existing infrastructure such as smart parking meters, sensors, and parking gates, the company can inform drivers of real-time occupancy and pricing information.
Parking In Motion’s smartphone app provides a direct-to-consumer platform that allows users to quickly locate and evaluate nearby parking options, reducing urban traffic congestion. Additionally, Parking In Motion has secured relationships with leading GPS and mobile app developers to syndicate its data to a larger audience.
By empowering drivers with intelligent information and an ever-expanding database, Parking In Motion’s innovative approach makes it easier than ever for motorists to find parking and allows urban centers to reduce traffic congestion and carbon emissions.
