The Importance of Data Analytics Parking Lot and Garage Management
Parking data analytics can be an extremely valuable tool for parking directors. With parking data analytics, decision-makers can determine where and how parking facilities are used. They can then use this data to improve the efficiency of their operations, plan improvements to their infrastructure, and even predict future parking demand by tracking which spaces are most in-demand and how different pricing schemes will affect the parking lot. It also helps them maintain their inventory and provide better customer service.
How Parking Data Analytics Works in Lot and Garage Management
Data analytics refers to the process of converting data into information, knowledge, and insight. It is often used in business to find ways to improve operations through understanding how customers interact with systems, products, and services. Data analytics helps parking lot and garage management by analyzing how people use their parking spaces or garages. Understanding your parking diversity, frequency of use, space turnover, and duration of stay trends makes for more informed decision-making. Additionally, the integration of customer surveys, social media sentiment, and call center data with your transactional reporting delivers a higher level of understanding and insight into your parking data.
