KFC UK and Ireland Sign Parking Management Contract with Smart Parking

KFC is undoubtedly a globally recognized business, and with over 450 drive-thru restaurants in the UK and Ireland, this represents a great opportunity for Smart Parking to provide managed services to multiple outlets across the KFC portfolio.

Smart Parking's proprietary Automatic Number Plate Recognition (ANPR) is an ideal solution for managing a car park that experiences high volumes of vehicles, and this managed solution will ensure their car parks are being fairly used by genuine KFC customers.

After a robust competitive process, Smart Parking was awarded the contract and has been signed with the equity division of KFC who owns and operates 50 of the 450 restaurants across the UK and Ireland – 13 of which are already in the delivery planning stage.

The agreement has an initial term of three years, and also provides preferred supplier access to the vast franchise network. Of the 450 restaurants, around 250 are ideally suited for ANPR managed services, and over time all other sites will be assessed for ANPR suitability.

The primary technology solution that will be used in the contract will be our proprietary ANPR solution, however, Smart Parking will also deploy our wider stack of technology including individual bay occupancy sensors, and SmartCloud – our online smart city management platform.

“We are delighted to win this important contract with KFC UK & Ireland, a global and universally recognized brand. KFC values our market-leading proprietary technology and focused customer service. 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.” - Paul Gillespie, Smart Parking Group CEO.

About Smart Parking Limited 

Smart Parking Limited is a pioneering technology innovator and services company in the parking industry. With offices in Australia, New Zealand, and the UK, along with a rapidly growing global network of expert partners, we aim to bring our intelligent parking sensors and integrated smart parking services to the world. Each year, we install tens of thousands of sensors in a range of environments including shopping centers, supermarkets, airports, commercial parking sites, universities, and large scale municipal street environments. To date, our advanced real-time vehicle parking sensor solution, known as SmartPark, has been adopted in 17 countries. Alongside the technology products division, our managed services division operates and manages thousands of car park spaces across the UK using complementary Automatic Number Plate Recognition/License Plate Recognition (ANPR/LPR) technology. This can be used as a single solution or with the option to be combined with Pay & Display or integrated with sensing technology. Smart Parking Limited has been an Australian Securities Exchange (ASX:SPZ) publicly listed company since early 2011.