Real Estate Investor August 2022 | Page 169

of access without the need to download the app . This is important , because the whole idea of IoT and the move toward smart cities is to reduce friction and time , not increase the burden on users .
Everything that happens on the platform is traceable and landlords can reconcile at their own convenience . Beyond this , by viewing their dashboards with the ability to further mine different metrics , landlords or tenants can get a birds ’ eye view of the parkade , while also the ability to pick up trends in demand and decline in an easy , data driven manner .
In addition to this , switching to a smart parking management platform reduces the endless coasting and carbon emissions associated with idling vehicles , while also eradicating consumables
such as paper tickets . Our users are really enjoying the licence plate recognition technology and how effectively it works . It reflects the type of efficiency and sustainability that fully smart cities will soon enable across the world . Our successful use cases , including City Park , have proven to us that we ’ re ready to scale to bring this kind of efficient parking bay management to more landlords , hotels , retail shopping centres and consumers in South Africa .
Joshua Raphael Founder & Chief Technology Officer Parket
SA Real Estate Investor Magazine AUGUST 2022 169