TIBA Parking Introduces the “Engaged Parking Experience” New Product Suite, Transforming and Modernizing Off-Street Parking Operations

COLUMBUS, Ohio–(BUSINESS WIRE)–#PARCS–In response to parking operators’ and owners’ demands to modernize their
operations, increase revenue and profitability, and a global shift
towards increased security initiatives, TIBA is launching its new
“Engaged Parking Experience” product suite and will display it at the
IPMI Conference & Expo. The new product suite includes new lane and
payment equipment, cloud solutions for PARCS management, a new
mobile-based platform for digital operators, and a cross-brand parking
intelligence service. The suite allows operators to reduce overall
operational costs, increase efficiency, simplify installation and
serviceability, and increase security of systems.

TIBA’s new X60 hardware family, to be unveiled at IPMI, is a key part of
the Engaged Parking Experience. Designed around a completely new, modern
parking-specific processor, the new hardware is highly secure,
exceptionally fast, flexible, and includes the largest transaction
storage volume. The X60 uses native TCP/IP communication, but can also
support Rs485 protocol allowing a complete mix-and-match solution
between TIBA’s current hardware line and the new hardware family,
protecting TIBA’s customers’ investment in lane equipment. The
extra-large touch screen allows a more sophisticated user interaction
with dynamic rate displays, multiple payment options and a personalized
experience. The X60 also provides a ticketless, frictionless experience
but has the capacity to hold the largest ticket roll in the industry. A
built-in pin-hole camera and VoIP intercom complete the engaged
experience.

TIBA’s PARCS management software can be operated both in the cloud as
well as installed in a traditional on-premise server. TIBA is also
adding a new SPARK layer, on top of the SmartPark management software,
allowing operators to centrally manage all their devices from the cloud
and receive prioritized alerts to a central control room. The wealth of
capabilities that was built by TIBA in its 30 years of experience in
parking is maintained in the new products, but is now available for both
the on-premise implementation and in a cloud environment.

TIBA will also be launching ParkBlue, a mobile based digital operator
platform that allows owners and operators to launch mobile parking
services to monthly parkers and transient drivers. ParkBlue features a
complete mobile app for both iOS and Android that allows drivers to
register to the digital parking service, insert their payment details,
and locate, select and navigate to their preferred parking facility.
Using the app and the mobile phone Bluetooth functionality, drivers can
enter and exit facilities, and pay through the app. Behind the scenes, a
complete digital PARCS back-end cloud platform manages the IoT Bluetooth
devices that can be installed on any gate, regardless of the PARCS
technology in the facility. The cloud platform also manages prices,
provides parking analytics and intelligence, and manages registered
drivers and payments.

The complete Engaged Parking Experience includes TIBA’s Parking
Intelligence (PI) Cloud Service. Designed specifically for parking, this
advanced module automatically aggregates data from multiple PARCS
facilities and presents actionable analysis to facility managers. Using
intuitive visualization of both real-time and historical data, for
occupancy, revenue, and drivers’ behavior, PI can identify trends and
inefficiencies in parking operations.

“As parking operators and drivers enter the new age of cloud computing
and connected cars, they expect new systems to fulfill new requirements
without having to massively replace the existing install base. TIBA has
taken this into consideration and provides, inherently, a mix-and-match
solution where equipment from different generations, along with Parking
Intelligence, enables operators to go digital. This allows our operators
to safely transition to the newest generation and benefit from the new
engaged parking experience,” said Moshe David, CEO of TIBA. “We want our
customers to have it all, at a decent price, with a personal touch, and
without losing the 30+ years of experience and know-how we have put into
our systems.”

“We are excited for the opportunity to expose TIBA’s new technology to
our customers,” said Chris Archer, CEO of Associated Time & Parking
Controls. “As a Value-Added Reseller, we have been asked by our
customers to provide cross-platform solutions that allow operators to
engage their drivers, use business intelligence to improve their
experience and ultimately increase revenues and profitability. Only TIBA
has the right set of tools to support these initiatives today and in the
future!”

About TIBA Parking Systems: For 30 years, TIBA has provided
innovative solutions for the parking market, resulting in reliable,
user-friendly products that lower the price of initial acquisition and
the cost of ongoing maintenance. TIBA has successfully implemented this
through a focus on software development, while continuing to enhance and
support its reliable hardware platforms. This allows owners to keep the
capital investment down while still enjoying the latest software
functionality. With extensive global experience, TIBA’s robust, scalable
architecture enables parking operators to keep pace with the latest
trends in centralized operations, automated smart facilities, web
reservations and mobile payments. TIBA’s flexible software grants
parking operators to be IoT-connected and leverage big data to increase
revenue. TIBA’s agile integrations with third party systems empower
parking operators to be an integral part of the growing Smart Cities
ecosystem.

TIBA serves parking operators and owners globally, across diverse
industries such as hotels & hospitality, airports, universities,
shopping centers, hospitals & medical centers, and local, state &
federal governments. For more information about TIBA Parking Systems,
visit www.tibaparking.com.

Contacts

Sarah Kahler | Marketing Manager
Sarah.Kahler@tibaparking.com
www.tibaparking.com