BNZ's Parkable IoT story

See how BNZ is driving efficiencies and improving staff experience thanks to smarter parking solution Parkable.


Customer problem

BNZ had significant expenditure each year on a car park lease for its people, and at the same time had owned car parks that were underused.

The problem was amplified when the bank changed its flexible working policy in response to Covid-19, as fewer staff drove into the Auckland CBD.


To reduce the staff car park lease while continuing to provide parking benefits to staff, BNZ adopted Parkable. The solution’s features are driving efficient use of parking spaces, by helping staff book a parking spot a day in advance.

For administrators, the Parkable dashboard allows them to monitor who is parking, and easily transfer parking privileges between employees.


By using Parkable, BNZ was able to use its HQ car park on Queen Street far more efficiently. This meant it could end another car park lease further up the road and save the business significant annual lease costs.

“We’re maximising our space, making things easy for our people and it’s great to see our people sharing their allocated parks when they’re not in the office.” Nick Grieve, GM - Workplace & Technology Governance, BNZ.

More about how BNZ is benefiting from Parkable:

Significant financial savings: By using Parkable to optimise use of its HQ car parks, BNZ could stop leasing a second car park in Auckland CBD with significant annual savings.

Staff experience: BNZ employees can book a park in advance and access free parks onsite whenever executives share their allocated spot. It’s now being rolled out to North Shore and Hamilton locations too.
Easy billing and admin: A manual and complex billing and management system replaced with automatic payment and receipts, and real-time visibility of car park occupancy.

"The way we work has changed and our car parks weren't being used efficiently, but we didn't want to completely remove parking options from our staff. Parkable makes staff parking more efficient, it’s a better parking experience for our team and has meant we’ve stopped leasing an entire separate car park." Nick Grieve.


Parkable for Business

Spark and Parkable have partnered to offer an easy and cost-effective way to manage parking.

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Launch & Announcement

8th March

Applications open

15th March to 28th June

Finalists Announced

27th July

Judging Starts

26th August

Winners Announced

4th September

Funding and the 5G Co-Lab testing

September to October

Winners fly to New York