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Parking Reservation Apps

BMW ParkNow Allows Users to Secure a Parking Spot in Advance

— August 22, 2012 — Autos
For residents of and commuters to San Francisco, finding a parking spot on a weekday can be near to impossible because there are simply more vehicles than there are available parking spaces, but the BMW ParkNow app aims to help alleviate this stress.

The BMW ParkNow app, launched in tandem with a revised version of BMW DriveNow (a car-sharing service featuring BMW's ActiveE electric vehicles), helps drivers by allowing them to pay for parking spots around the city in advance. Users just have to download the BMW ParkNow app on their phones or visit the app's website to reserve a parking space; the app also helps drivers navigate to the reserved space. According to Popsop, the ParkNow app offers guaranteed access and clearly defined rates, and BMW has already opened 14 ParkNow locations across San Francisco.
Trend Themes
1. Mobile Parking Reservation - Development of personalized and mobile methods of reserving a parking spot
2. Integration of Navigation and Parking Services - Integration of navigation services with parking reservation systems in a more advanced manner through technology
3. On-demand Parking Services - Development of on-demand parking services through the use of technology and artificial intelligence
Industry Implications
1. Automotive - Expansion of existing car-sharing services by integrating parking reservation systems
2. Technology - Development of parking reservation apps and related technologies
3. Artificial Intelligence - Innovative AI-powered parking systems and services
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