Technology Driven Parking Management: Redefining the Future of Parking Operations

We're excited to introduce you to Vend’s Head of Design, Gus Santos. While Gus himself works behind the scenes at Vend, his work is literally the face of the company.

As property owners continue to look for new ways to provide a better tenant experience and improve NOI, technology-driven parking management is gaining traction in the real estate industry.

In today's world, data is one of the most valuable resources a business can possess. The parking industry is no exception, and having access to accurate and comprehensive data is essential for managing a profitable parking operation. Unfortunately, most traditional parking systems do not provide owners with the information to make informed decisions about their facility, and what they do provide, is only accessed in a manual and laborious manner. Leveraging technology-driven parking management unlocks this data, freeing your team and resources to think about how you can best use these insights; this blog explores how.

Welcome to On the Spot, our content series where we feature people in the parking, technology, and commercial real estate industries you should know. This week, we're excited to introduce you to Vend’s Head of Customer Experience, Kyle Schaffer. Kyle has built his career on customer obsession and he plays a critical role in understanding the needs of our customers and developing solutions that meet those needs.

Karan Singhal, the CTO and Co-Founder of Vend Park, has won the National Parking Association's 40 Under 40 award for his positive impact on the parking industry through his innovative and hands-free parking access solution.

Vend announces $3.8M in funding along with signing new marquee customers, operator partnerships, and an expansion of product features

The shift towards hybrid work and flexible workspaces due to the pandemic has reduced overall parking demand, leading landlords to consider offering more flexible parking solutions to meet the changing needs of tenants. However, parking demand may still be high for businesses in suburban areas or those that require a physical presence.