Smart Parking need to make more money from the installation and management of the sensor technology. The business seems to be improving but we do need to see more money coming in from the technology division IMHO. For me the sensors are a vital component of the entire business, Smart Parking need to be able to monetize this properly going forward.
If they get this right, there could be a touch of the Realestate.com.au about this business if they get it right. The world over needs car parking management services and the whole world needs efficient car parking systems. Smart Parking has all the ingredients going for it in terms of the potential market place, the customers, the business. They have to get their core competencies right and they need to maximize returns on those competencies.
Nice Article, page-13
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