- Global parking business Smart Parking (SPZ) has signed a three-year contract to supply parking services to KFC U.K. and Ireland
- The company will install its Automatic Number Plate Recognition (ANPR) systems in 50 KFC outlet carparks across the United Kingdom
- Thirteen of those sites will have the system installed initially, however, the others will need to be assessed to see if the space is suitable for ANPR
- The system helps businesses manage and monitor their car parks using the identification technology
- Smart Parking is up 2.27 per cent on the market this afternoon and is trading for 11.3 cents per share
Global parking business Smart Parking (SPZ) has signed a three-year contract to supply parking services to KFC U.K. and Ireland.
The company will be installing its Automatic Number Plate Recognition (ANPR) systems to 50 KFC outlets across the United Kingdom.
Thirteen of those sites will have the system installed initially, however, the others will need to be assessed to see if the space is suitable for ANPR.
The system helps businesses manage and monitor their car parks using the identification technology.
KFC is a franchise network that operates 450 drive-thru restaurants, of which 250 of them are suitable for ANPR managed services.
While the main technology will be ANPR, Smart Parking will also use a wider range of technology and will be installed with in-ground occupancy sensors and SmartCloud, the company’s online platform.
CEO Paul Gillespie is pleased to win this important contract.
“KFC values our market-leading proprietary technology and focused customer service,” he said.
“We very much look forward to working initially with the equity owned outlets and building relationships with the larger network of franchised outlets across the United Kingdom,” he added.
Smart Parking is up 2.27 per cent on the market this afternoon and is trading for 11.3 cents per share at 2:59 pm AEST.