ABM Industries Incorporated
) recently introduced a slew of innovative parking solutions to
augment the parking experience of its clients.
ABM Parking Services, formerly known as Ampco Parking Services,
has expertise in serving a variety of clients and addressing
their challenges on a regular basis. In addition to the typical
cashier and valet services required by office complexes and
sporting venues, the company provides a variety of other parking
and transportation services to several different industries.
The company has partnered with ParkMe to create a customized
mobile application which gives clients access to ABM's parking
database to help them provide parking based on location, price,
vehicle type, and garage occupancy. With the technological
upgrades, ABM has tried to offer clients visual guidance to the
floor where the vehicle is parked. Additionally, ABM teamed with
QuickPay to introduce pay-by-phone services, which enable drivers
to use mobile phones to pay for parking at ABM-operated
facilities and also receive text message alerts when their
pre-paid time is running out. In addition, it also gives them
access to several other related services.
As one of the largest parking operators in the country, one of
the main expertises of ABM Parking Services is managing the
complex parking operations in the office building and multi-use
segment. Also, with the facility of the new website, clients have
ready access to the services of parking. Through the website,
drivers can easily find parking locations, make reservations,
download coupons and sign-up for monthly parking facilities. The
financial and technological support enables the company to cater
to the requirements of its clients and thereby offer them with
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Headquartered in San Francisco, Calif, ABM provides engineering,
janitorial, parking, and security services to commercial,
industrial, institutional, and retail facilities across the U.S.
as well as Puerto Rico, British Columbia, and Canada.
The company operates in an intensely competitive landscape that
includes big players such as
Global Payments Inc (
). ABM currently has a Zacks Rank #3 (Hold). One of its
Total System Services Inc
) carries a Zacks Rank #2 (Buy).