LAZ Partners w/ Applico To Lead Digital Transformation of Parking Industry

Alex discusses Applico’s new partnership with Laz parking, one of the nation’s largest parking companies operating over 1.3 million parking spaces in 35 states and 439 cities across the United States.

Applico will facilitate LAZ Parking’s investment in the platform space and dramatically accelerate partnerships with technology providers, startups, and enterprises over the next 12-24 months. Distribution and staging, logistics, delivery, electric vehicle deployment, and storage are among the initial areas of research and investment.

LAZ Partners With Applico To Help Lead The Digital Transformation Of The Parking Industry: www.prnewswire.com/news-releases/laz-partners-with-applico-to-help-lead-the-digital-transformation-of-the-parking-industry-301289151.html

“We chose Applico to partner with us on this journey because they are innovative, creative, and effective at helping enterprises capture new, tech-enabled business models,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “We intend to remake LAZ into America’s most digital parking operator. The future of parking lies in deploying these technologies in ways that transform traditional parking locations into logistics hubs serving the needs of a diversified, increasingly digital economy. We see a huge opportunity for partnerships across the entire spectrum of technology and economy; players large and small.”

Originally Aired: 05/12/21
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