License-Plate-Enabled Parking: The Key to an Enhanced Parking Experience

Today’s parking landscape is characterized by a variety of parking technologies and models. This diversity can be attributed to two fundamental drivers: parkers are looking for ways to make payment faster and more convenient so they can move on to their destination more quickly, and parking operators are trying to leverage technology to drive growth in their top-line and extract further efficiencies to improve their bottom line. Each successive generation of parking technology has attempted to improve the parking experience for these two groups.

License plates uniquely identify a vehicle and are the next mainstay in the evolution of parking operations. This insight is central to one particular advance in parking: License-Plate-Enabled Parking (LEP). LEP is an ecosystem of technologies using the license plate as a key identifier to access an enhanced parking experience. LEP offers advanced features not available with other parking models and it benefits both parking operators and parkers.