1. PARKING PAL
Presented by Brandon Woods, Gordon Whyte, Brennan O’Connor and Kallen Laursen

2. How it works Using location services the Parking Pal will:
Track your location
Access the street cameras within a 2km radius
Spot a open parking spot or space using the cameras
Once a space is found, the app will lock on the location of the space into your phone and give you directions to the spot
If no spots are available the app will provide a list of nearby parking garages with their rates included
February 27, parking pal

3. Overview of App
Providing a service that is built on convenience and efficiency
App will make it easier and much quicker to find open parking spots
Especially helpful in major cities and other busy places and events
Providers: Creators of the app “Parking Pal” and the Government for providing access to street cameras
Consumers: Everyone who owns a car and wants a simpler way to find a parking spot
May require more than one slide
February 27, parking pal

4. Value
App will be priced at $2.99 in various app stores (Itunes, Google Play)
Will provide nearby business the opportunity to purchase advertisement space in the app
If successful enough will look for support from sponsors
February 27, parking pal

5. Key challenges faced
It is no secret that there are a millions of mobile apps out there.
This app is a disruptive technology trying to create new efficiencies:
both the efficient use of space and efficient car travel
Funding is a great challenge for the development of the app.
Investors
Municipal governments
Online platforms that give you the chance to get funds
February 27, parking pal

6. Key challenges Legal threats
New era of parking is transforming the parking industry, illustrating a shift from cash-based to mainly electronic payment methods.
Access to the city cameras
Device compatibility
How able are we able to fit across all the devices?
Apple and Android products have very different OS requirements.
Ease of navigating
February 27, parking pal

7. Competition assessment
Parking Whiz: Allows you to pre book your parking spots
Parking Panda: Allows you to find a parking spot using laser technology
Spot Hero: Allows you to find the cheapest place to park
Best Parking: Allows you to find parking spots close, and around airports. This app has 850,000 users a month.
February 27, parking pal

8. Will this App be Successful in the Long Run?
YES
Convenience
Save time on road
Strategic plan of avoidance
Decline lineups and traffic
Large market
Low priced
May require more than one slide
February 27, parking pal

9. Future of Parking Pal In-car voice-activated service
More than just a parking app
Virtual Valet service
February 27, parking pal