ABM Fades on Unveiling Parking Technology

ABM (NYSE: ABM), a leading provider of facility services, infrastructure and eMobility solutions, and parking management, has announced the next evolution of ABM Vantage – the groundbreaking solution advancing the parking technology ecosystem.

ABM has entered into a strategic partnership with Rezcomm, a leading technology provider for the airport and parking industry, to further customize, enhance, and scale the ABM Vantage platform for a wider range of parking clients across commercial real estate, aviation, and more. ABM and Rezcomm will showcase the enhanced ABM Vantage collaboration at the 2024 IPMI Parking & Mobility Expo on June 9th to 12th in Columbus, OH.

First launched in 2022, ABM Vantage is an integrated mobility solution that consolidates parking data, maximizes revenue, and empowers parking operations to gain greater efficiencies and make proactive decisions based on data insights, all while delivering a seamless driver experience. The partnership with Rezcomm will support further growth with increased ability to scale quickly, while remaining tech agnostic and focused on the changing needs of both drivers and parking operators.

“Over the past two years, ABM Vantage raised the bar for what is possible for technology to improve the parking experience for both drivers and operators,” said Josh Feinberg, Chief Strategy and Transformation Officer and Head of Parking at ABM.

ABM shares faltered $1.26 to $49.72.

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