Wemolo digitalizes parking management with AI-based license plate recognition. The technology automatically records entries and exits of vehicles, calculates parking duration, and enables fully digital parking operations and payment, without tickets or barriers. The result is an efficient, user-friendly, and cost-effective solution for property owners, asset managers, property managers, tenants, and end users.

Wemolo provides a robust data foundation for smarter real estate management. The collected mobility and usage data deliver valuable insights into occupancy, dwell time, and visitor flows, enabling data-driven decision-making. This creates new opportunities for asset, property, and center management as well as project development:

• Increase profitability: Unlock new revenue opportunities and reduce operating costs.

• Location optimization: Better address target groups, adapt location concepts, and implement ESG measures

• Vacancy management and booking: Monetize unused parking spaces and make more sustainable use of existing sealed areas.

• Construction planning/revitalization: Leverage data-driven insights for efficient redevelopments or new builds

• 360° Area Monitoring: Gain real-time visibility into outdoor areas to detect incidents, damage, and optimization opportunities.

Wemolo manages more than 4,000 parking facilities in five European countries and records over 2.5 million parking transactions every day. In 2023, Wemolo was awarded the Deloitte Technology Fast 50 Award for its strong growth. The customer portfolio includes real estate companies, retailers, parking operators, shopping centers, banks, and municipalities.