Company Research Report: DIVVY Parking Pty Ltd

Company Overview

• Name: DIVVY Parking Pty Ltd

• Mission: To solve the parking problem by applying market leading technology using hardware and software to enable a better parking experience.

• Founded: No information is available.

• Founders: No information is available.

• Key People: Anton Mills, Chief Information Officer

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: DIVVY is known for its innovative solutions in the parking management industry, integrating technology to provide contactless, efficient parking solutions.

Products

Overview

DIVVY Parking offers a wide range of technological solutions aimed at optimizing parking management using modern technology. Their product portfolio includes:

1. Bookable Assets Management:

• Description: Provides the capability to manage additional bookable assets in buildings.

• Key Features: Integration of technology to enable seamless management.

2. Staff Parking:

• Description: Offers features for the management of tenant/staff parking.

• Key Features: Enhances parking management efficiency for staff members.

3. Public Parking:

• Description: Allows users to list their parking spaces and offers both drive-up and pre-booking options across Australia.

• Key Features: Flexibility in booking options, payment is done online, suitable for various parking needs including airport parking.

4. Technology and Access Control Solutions:

• Description: Provides advanced parking and access control solutions.

• Key Features: Contactless and efficient access control systems.

5. Queuing + Contact Tracing:

• Description: Solutions aimed at making venues safe and traceable.

• Key Features: Integration of queuing technology to enhance safety measures, especially notable during COVID-19 for safety and compliance with health guidelines.

Recent Developments

1. New Management:

• 15/10/2024: DIVVY Parking took over the management of the car park at 168 Clarence Street, Sydney (Club York).

• 05/09/2024: Assumed control of car parking operations at 123 Albert Street, Brisbane.

2. Tech Innovations and Partnerships:

• DIVVY partnered with Woolworths to develop the Q-tracker, a tool allowing shoppers to assess crowd capacity before visiting stores. This initiative was crucial during the COVID-19 pandemic to manage social distancing.

• 03/05/2023: Features in IT projects, including the use of IoT controllers for smart building parking automation.

• 07/04/2021: Collaboration with Microsoft and Samsung under technology partnerships to further enhance their product offerings.

3. Event Participation:

• 21/05/2024: Participation in VIVID Sydney, emphasizing the integration of their parking solutions during large-scale events.

Sustainability and Impact

• DIVVY’s commitment to sustainability is evident in their efforts to reduce congestion and pollution by utilizing underused parking assets. These initiatives support better commuter flows and enhance city efficiency.

• They advocate for the sharing economy model to foster better resource utilization, which can significantly contribute to smarter city development.

Partnerships

• Technology Partnership with Microsoft: Collaborative efforts to develop cutting-edge technology solutions.

• Technology Partnership with Samsung: Integrating advanced hardware capabilities.

Conclusion

DIVVY Parking Pty Ltd provides sophisticated parking solutions that leverage modern technology to improve the overall parking experience. Despite missing some foundational and financial details, DIVVY’s continuous innovation and strategic partnerships demonstrate its influential role in revolutionizing parking management in Australia.