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INRIX Parking receives BMW Supplier Innovation award

SaaS developer INRIX receives Supplier Innovation Award from BMW

Washington-based SaaS and DaaS company INRIX was announced today as the recipient of the 2018 BMW Supplier Innovation Award. INRIX received the reward for its work in the area of connected driving, according to a company press release.

BMW has said it presented INRIX with the “coveted award… based on the development and implementation of the industry's first real-time on-street parking service in a connected car, which uses up-to-the-minute and historical parking data to predict the availability of parking spaces.”

Bryan Mistele, INRIX president and CEO, said in the release that "we are thrilled the BMW Group has recognized INRIX as one of the premier suppliers that is improving the driving experience”, continuing that  "our goal has always been to provide BMW drivers with the most innovative, accurate and reliable connected services available in the car."

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INRIX’s Parking Path technology was announced as available in new BMW vehicles this week. The technology “is the first solution to combine real-time traffic, incident and parking availability data into the navigation experience. Unlike traditional navigation systems that route from point A to point B, INRIX Parking Path simplifies the last mile by guiding drivers along the fastest route to find available parking, saving time and frustration.”

The technology was developed after INRIX’s ‘Impact of Parking Pain’ study revealed that drivers in the UK, United States and Germany spent an average of “17, 44 and 41 hours a year searching for parking, respectively.” The report also found that 90% of drivers would welcome a navigation system that took parking into account. Joe Berry, executive vice president and general manager at INRIX said that "Parking Path helps BMW drivers arrive on time, stress free and with no hassles."

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