Peter Richards
Chief Executive Officer @Parkalytics
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WORK HISTORY
Chief Executive Officer @Parkalytics
Toronto, ON, CA
Parkalytics uses drones to efficiently measure parking utilization and turnover at scale. Our proprietary algorithms quickly and accurately determine parking utilization, vehicle turnover, and parking duration, all without collecting any personally identifiable information.Parkalytics has flexible and easy to use software that summaries all of this data across customizable dashboards. These dashboards can display parking utilization (%), parking turnover (vehicles per hour), and duration of stay (minutes), for each of the observed parking periods and each of the days. The Parkalytics map within the software has a built-in heatmap, which can be toggled on and off, to quickly identify the busiest parking spaces.With nearly parking observations analyzed across 3 continents, Parkalytics is leading the drone parking revolution. Reach out if you need support across your city, campus, event, large development, or other complex parking data collection needs.
EDUCATION
University of Waterloo
Bachelor of Applied Science (B.A.Sc.), Civil Engineering
SKILLS
ABOUT PETER RICHARDS
I am the CEO of Parkalytics, a software company leading the drone parking revolution. Parkalytics specializes in delivering insights into parking utilization for complex, high-demand environments such as cities, large developments, campuses, and major event venues. Our methodology relies on the deployment of drones equipped with high-resolution imaging to collect data at regular intervals, processed through Parkalytics’ proprietary machine learning software.I am also the President and Principal Consultant for Parkicity, helping to provide parking solutions for greener cities. Parkicity is a consulting advisory firm dedicated to reshaping how cities manage their curbs, parking, and mobility networks. Parkicity is available for parking, technology, and project advisory.Prior to 2025, I was a co-founder for the curbside management software solution, CurbIQ, and was the Product Director for its first six years of existence. This work included CurbIQ deployments in Toronto, Los Angeles, Seattle, Dublin, West Hollywood, Arlington County, and dozens more. My curb insights led to me being an inventor on a U.S. Patent for Methods and Systems for Automatic Generation and Distribution of Curbside Map Data. I have 22 years of experience in traffic engineering, with a focus on parking and traffic assessments, curbside management, parking master plan reviews, parking justification studies, and traffic operations analysis.I am currently a member of the Open Mobility Foundation\'s Technology Council. I am the former Chair of the Parking Standing Committee for the Institute of Transportation Engineers (ITE). I was a member of the Review Panel for the 5th Edition publication of the ITE Parking Generation manual (2019). I have also presented conferences such as NACTO, the Institute of Transportation Engineers, IPMI, Canadian Parking Association, ITS California, and at various universities and events, on my experiences and work with curbside management, parking strategies and technology and software. My project experience highlights, across parking, curbside management, and software projects include:Southern California Association of Governments (SCAG) Curb Space Data Inventory StudySCAG Curb Space Management StudyThe City of Toronto Curbside Management StrategyThe City of Hamilton Parking Master Plan40-50+ Parking Strategies at cities/campusesCurbIQ deployments in LA, Toronto, Seattle, Dublin,+ moreReach out if you need project help with parking data collection, curbside management, parking strategies, event management, or parking technology roadmaps
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