Real Estate Investor August 2022 | Page 168

TECHNOLOGY
Parket works in a similar way to an online and realtime hotel booking system . For example , in a multi-floor building the individual parkings would be priced per floor , while the platform itself is able to manage layers of complexity , such as many people booking at the same time from different sources , such as the web and the app , while tenants or landlords designate parking to their own customers .
This efficiency is a big drawcard for tenants in buildings as companies with many employees don ’ t necessarily need one parking per employee every day , as they may well work on rotation . Our software facilitates communication between the parking bays and the people who need them , so that they can check for space and book ahead of time or as they approach
the parkade . This saves fuel and time on the part of the end user , and ensures a wellmanaged , cost optimised parkade .

“ An IoT platform , such as a smart parking system , is only worthwhile if it solves realworld problems , which in this case is connecting drivers who need to park their cars , with empty parking bays .”

Parket has placed user centricity front and centre , meaning that if a tenant business has a once-off visitor , the QR access code can be sent via text or instant messaging for ease
168 AUGUST 2022 SA Real Estate Investor Magazine