Innovation

Parkeon dominates the multi-space parking industry in innovation and technological research and development. Our annual R&D budget of over $10 Million allows us to pursue leading edge parking system solutions, including superior meter, payment, management software, and communications concepts. Because we develop our own key components, software, and payment services, you can be assured that when you partner with Parkeon, you are receiving only the highest in quality.

One indicator of our technological ingenuity is that Parkeon holds more than 160 patents world-wide. As you would expect from a leader, we have a list of technological "firsts" including:

• First to deliver an autonomous solar-powered parking meter
• First to install a Pay & Display parking system in the U.S.
• First to install a solar-powered bill acceptor on-street
• First to accept credit cards on-street in U.S. Pay & Display mode
• First to use "on-line" real-time credit card authorization on-street in U.S.
• First to use wireless communication with a central management system in U.S.
• First company to exceed 1,000 on-street Pay & Display meters in a single U.S. city (we know how to manage big projects)
• First to integrate pay-by-cell providers with parking transaction databases for a "one-stop" management solution.
• Of course, we are not resting on our laurels. New developments include our work with Schneider Electric to integrate Parkeon parking systems with Scheider's electrical vehicle charging systems, as well as the introduction of contactless bank and private card payments on our multi-space pay stations.

We look forward to using our knowledge, experience, and resources to build the parking solution that best meets your needs.