Parking data analytics can provide insight into your parking program fostering effective policy and pricing decision making. Effective data visualization will assist in efficient parking space allocation, technology deployment, and staffing utilization. The ability to layer data from all of your payment and control technology will provide an understanding of the customer experience and behavior. Effective management of parking lots or parking garages is vital to the success of any business. The parking lot or garage needs to be easy to access, well lit, maintained, and safe for employees and customers. Parking data analytics are crucial to making sure that all these factors are met.
The Importance of Data Analytics Parking Lot and Garage Management
Parking data analytics can be an extremely valuable tool for parking directors. With parking data analytics, decision-makers can determine where and how parking facilities are used. They can then use this data to improve the efficiency of their operations, plan improvements to their infrastructure, and even predict future parking demand by tracking which spaces are most in-demand and how different pricing schemes will affect the parking lot. It also helps them maintain their inventory and provide better customer service.
How Parking Data Analytics Works in Lot and Garage Management
Data analytics refers to the process of converting data into information, knowledge, and insight. It is often used in business to find ways to improve operations through understanding how customers interact with systems, products, and services. Data analytics helps parking lot and garage management by analyzing how people use their parking spaces or garages. Understanding your parking diversity, frequency of use, space turnover, and duration of stay trends makes for more informed decision-making. Additionally, the integration of customer surveys, social media sentiment, and call center data with your transactional reporting delivers a higher level of understanding and insight into your parking data.
RISETEK Global’s innovative, intelligent, state-of-the-art solutions combined with our “best practices” industry experience allow us to deliver proven results that optimize our customer’s business performance and empower them to achieve next-level success. Interested in learning more? Contact us using the form below or email us at sales(at)risetekglobal.com to find out more.
RiseTek Global offers an innovative parking boot solution to more effectively manage a scofflaw program, collecting more of the unpaid parking citation revenue for cities and universities, through better technology.
Our patented self-releasing parking boot, coupled together with our data analytics solution, VERGE, delivers a customer-friendly highly-effective vehicle booting solution for municipality and university parking enforcement programs.