Grant: Applied Research and Development Grants - Level 1

Parking industry is undergoing a revolution as it embraces a variety of new technologies that make it easier forpeople to find and pay for parking, and for parking authorities to better manage it. Parking is an importantcomponent in urban mobility initiatives. The industry is looking to integrate relatively low-cost technologysolutions to streamline and better the customer experience. Precise ParkLink Inc. is the Canadian company thatstrives to provide the most cutting-edge technology for parking systems. The company works with an extensiverange of clients across Canada and taking a solutions-based approach they have streamlined the parkingpayment process through their web based portal called I PASS. In the current collaboration with DurhamCollege, Precise ParkLink Inc. is looking to develop a multi-platform enterprise software system (I PASS-X)that will add value to I PASS services. This I Pass-X will provide its users with the ease of payment and willgive city dwellers precious minutes back in their day. This project will mean that Precise ParkLink can meetcurrent client demands for better user experience as well as increase market share by approximately 20 percent.The project outcomes will impact the efficiency of Ontario's parking industry significantly.