Unlike on-street parking, the off-street parking system is hardware intensive, requiring heavy investment in hardware equipment. Although the advancement of technology has largely brought down the hardware cost over the years, hardware investment is still quite significant when it comes to pricing. Besides, in its operation, another noteworthy part of expenditure still goes to hardware maintenance.
Despite the hardware cost, the software plays a more critical role in a parking system to ensure the success of parking deployment, especially when cashless and touchless are becoming the new trend that requires a revamping of software from its foundation. A shift from purely on-premise Windows-based/Web-based software to include a cloud platform is inevitable.
TimeTec Parking Management System, or PMS as its acronym, intends to change the hardware-driven parking industry to emphasize software as the main driver in the digital transformation era.
“The parking requirements for commercial office towers and shopping malls are almost identical in general. Both need a system that can cater for casual and season parking. However, because the traffic is heavier in shopping malls and they receive more random visitors, the parking system has to tailor and accommodate the nature of its operation to suit different environments. For example, shopping malls would prefer more in-depth data analytics that can provide descriptive, diagnostic, predictive, prescriptive and preemptive analysis than office towers. Furthermore, promo code and validation tied up with shopper’s purchase activities are essential for shopping malls, and they need more flexible parking rules.” TimeTec CEO Teh Hon Seng elaborated how software should handle the differences in parking operations.
He continued, “Whereas office towers emphasize more on season pass subscriptions, renewals, nested parking, etc. for both tenant companies and individuals; even casual parking is equally important, less variety of parking methods are normally offered to users if compared to shopping malls. And for hotels, besides casual parking, they normally require valet parking. To ease the management, building owners that owned multiple buildings should ensure that their parking system can manage multiple parking sites at different locations. And, some buildings may impose fines for haphazard parkers, the same parking system should have the enforcement module.”
“The good news is, the comprehensiveness of TimeTec PMS covers all of the above and more. Another advantage of TimeTec PMS is that it supports a wide range of front-end parking and payment methods. This benefit helps the operator to generate just one report by consolidating all the data from different parking methods and payments to ease administration.”
Does your PMS come with a parking App?
Do you provide API for your PMS to integrate with a third-party system such as a shopping mall App?
The summary of TimeTec PMS is illustrated in the following diagram:
Please contact Kelvin Lim, Sales Manager, at [email protected] or 012-6891180 for product presentation and demonstration appointments. You may also call 03-80709933 general line or write to [email protected] for more information.
Stay tuned for the 7/12 series next Wednesday on Malaysiakini for TimeTec Smart Parking announcement. For the previous article, click this link: TimeTec Smart Parking 5/12: Unattended TimeTec Parking Kiosk, TPK
Malay version: Parkir Pintar TimeTec 5/12: Kiosk Tanpa Pengawasan, TimeTec Parking Kiosk, TPK
Chinese version: TimeTec智慧停车系统5/12：无人值守的TimeTec TPK停车终端机
TimeTec Group was established in 2000. Over 20 years, the Group had developed three homegrown globally recognized IT brands, FingerTec, TimeTec and iNeighbour, for workforce management, security, smart office, smart residential and smart township solutions unleashing the power of biometrics, cloud & edge computing, IoT and AI technologies. All these solutions connect and change the landscape of work life and home life in a larger ecosystem. Through a vast network, TimeTec Group distributes its biometric hardware products and 16 cloud applications, including IoT devices, to more than 150 countries worldwide. Visit our company websites: TimeTec Cloud, TimeTec Building, TimeTec Parking.
Various renowned clients have subscribed to TimeTec various solutions, including IOI Properties, Putrajaya Holdings, Ibraco, Binastra, Thriven, Hock Seng Lee, QSR Brands, Central Sugars Refinery CSR, Sunway Constructions, Mamee, Yakult, Nano Malaysia Berhad, and many more. The versatility and feasibility of TimeTec products also attract various international customers from all over the world, including Hong Kong, Dubai, Australia, Qatar, South Africa etc.
This content is provided by TimeTec Cloud Sdn Bhd.
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