Transcript NYCDOT PARK Smart Program - The Texas Parking Association

Has Big Business Finally Come to Parking?
An Exploration of recent acquisitions of revenue control
vendors by large corporations
Chuck Reedstrom, CAPP
Kimley-Horn & Associates, Inc.
Recent Industry Trend
Acquisition,
Consolidation,
And
Teaming
Xerox Acquired ACS
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Offices in 160 Countries
140,000 employees
2011 Revenue: $22.6 Billion
Founded in 1906
Invested $1.6 Billion in R&D and engineering
in 2011
Xerox services are:
– revenue collection
– regulation compliance services worldwide
– fare collection
– toll solutions
– back-office processing
– infrastructure installation
ACS services are:
– revenue collection
– On- and Off-Street systems
– regulation compliance services worldwide
– fare collection
– toll solutions
– back-office processing
– infrastructure installation
3M Acquired Multiple Firms
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Global Sales: $30 Billion
Operations in more than 65 countries
Products sold in nearly 200 countries
84,000 employees globally
• Federal APD is a manufacturer of automated parking systems
across North America and around the globe.
• Founded in 1953, Federal APD has been around since the days
when most parking operations employed little more than a
cigar box.
• Sirit Inc. is a leading provider of Radio Frequency
Identification (RFID) technology worldwide.
• VESystems has broad toll industry experience in
systems support, customer service, violations
processing, video billing, toll operations, and
program management.
• Established in 2000, the company has grown to more
than 165 employees in several states.
• PIPS Technology is a worldwide leader in Automated
License Plate Recognition (ALPR) technology.
• PIPS designs, manufactures, and supports its
complete line of ALPR products and services for use
in:
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law enforcement,
parking,
tolling, and
intelligent transportation systems.
FAAC Acquired Multiple Firms
FAAC is a leading company and an international pioneer in the automated systems
industry and the control of pedestrian and vehicle accesses for residential and
commercial applications.
The Group activity is developed around four business lines:
• Gate automation
• Parking Revenue Control Systems
• Automatic Door or complete entrances, and
• Tubular Motors applications.
FAAC was founded in 1965 and is today an international industrial Group with over
1,000 employees, 11 production plants in Europe and 15 foreign subsidiary
companies throughout the world.
The Group is based in Zola Predosa, Bologna, Italy
With over 50 years of experience in parking solutions, Zeag
has been involved in providing Parking Systems and solutions
for many of the world's leading companies and organizations.
On April 27th 2012 FAAC SpA completed the acquisition of Magnetic Autocontrol Group, a
world player in the domain of vehicle and access control. Headquartered in Schopfheim
(Germany) Magnetic Autocontrol is a sound and strong company operating in the high
growth market of “vehicle and pedestrian access control” covering the global market
through subsidiaries in Germany, Switzerland, Australia, China, Malaysia, Brazil, India and
the USA.
Founded in 1946 and currently employing a staff of 270, Magnetic Autocontrol is an
international Group headquartered in Schopfheim (Germany) and with direct presence in
many key countries such as Germany, USA, Australia, Brazil, India, Malaysia, China where it
operates manufacturing or sales and post sales assets.
Magnetic Autocontrol is a world known player in the domain of vehicle and pedestrian
access control, providing top quality products solutions such as vehicle barriers, pedestrian
gates, custom-tailored product solutions as well as technology to system integrators in the
field of fare collection, immigration, boarding and security.
FAAC S.p.A acquires DATAPARK Inc., an international manufacturer of Parking
Revenue Control Systems with main business interest in North and Central America,
East Europe and Australia
“DataPark represents a continuation in the execution of FAAC group strategic plan,
focused since last years, to grow in non traditional sectors, such as Parking Revenues
Control Systems, because of the diversification and complementarity to the historic
gate sector, which are offered.”
DataPark has installed in excess of 2,000 installations in the U.S. market. DataPark
currently has sales and distributors located in major U.S. markets including San
Francisco, Philadelphia, Washington D.C., Atlanta, Chicago, Baltimore, St. Louis,
Miami, Boston, Denver, Seattle and Los Angeles. Outside the U.S., distributors can
be found in Canada, Central America, Hong Kong, Europe, Korea and Australia.
Ohio State Outsources Parking
• Ohio State University’s board of trustees
voted in June to lease its parking operation
to private investors for an upfront payment
of $483 million.
• Ohio State to lease its $28 million-a-year
parking operation to QIC Global
Infrastructure and its partner, LAZ Parking,
for the next 50 years.
• QIC is a long-term investor based in
Queensland, Australia, and LAZ Parking is a
parking operator based in Hartford, Conn.
Serco
The largest firm that nobody has heard about!
• Employs approximately 9,000 dedicated professionals across
North America
• Parent company employs 100,000 people worldwide
• Offices in more than 100 locations across North America
• A $7 billion company—Serco Group plc—a leading global
services provider
Major Projects - Teams
» SFPark
» LA ExpressPark
• SFpark works by collecting and distributing
real-time information about where parking
is available so drivers can quickly find open
spaces.
• To help achieve the right level of parking
availability, SFpark periodically adjusts
meter and garage pricing up and down to
match demand.
• Demand-responsive pricing encourages
drivers to park in underused areas and
garages, reducing demand in overused
areas.
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7,000 of San Francisco’s 28,800 metered
spaces
12,250 spaces in 15 of 20 City-owned parking
garages
• Finding parking near your destination is faster and more
convenient using the parking guidance system
• Features include:
• Smartphone apps
• Changeable message signs
• Cruising for a parking spot is reduced
• Reduced cruising = reduced traffic congestion
• Reduced traffic congestion =
• Reduced emissions
• Improved travel times for other modes particularly transit
• Demand-based pricing increases parking availability:
• Adds one or two spaces per block
• Reduces driver frustration
• Better utilization of underused garage parking
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Parking Meter Technology
Parking Guidance System
Sensors in each parking space
Parking Management System
Parking Management Center
LA Express Park will result in more effective
use of the On-Street parking supply and
improved economic activity from more open
spaces
Grants Available
» The Federal Highway Administration (FHWA) is seeking
applications to use less-tested, innovative approaches
to congestion pricing to:
– reduce congestion,
– Improve system performance, and
– advance the Department's priorities of:
• growing the economy,
• enhancing livability, and
• promoting environmental sustainability.
Grants Available
• Value pricing encompasses a variety of strategies to manage
congestion on highways, including tolling of highway facilities
through congestion pricing, as well as other strategies that do
not involve tolls, such as mileage-based car insurance and
parking pricing.
• The congestion pricing concept of charging variable fees based
upon usage and assessing relatively higher prices for travel
during peak periods.
• At least $3,000,000 in each fiscal year must, according to statute,
be spent for projects that do not involve highway tolls.
What does all this mean?
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Is this investment in our industry is a reflection of the fact that parking is being
recognized for the important industry that it is?
New investment from large multi-national corporations could result in new
advancements for whole industry.
The impact of thought leaders like Don Shoup and others have created new
awareness and have spurred huge government investments through agencies like
FHWA, etc.
Innovative governmental agencies such as the Seattle Department of Transportation
and the Washington DC DOT (DDOT) are moving forward with creative research and
implementation programs even without big federal grants.
Transportation planners and TDM professional are becoming more engaged with
parking industry practitioners to create new partnerships.
Universities are beginning to create sustainable transportation degree programs.
The number of smaller technology-based start-ups are increasing and interest by
venture capitalists is increasing.
Where can you
take the industry?
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