BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Smart Cashless Parking

Smart Cashless Parking

Derek Tan, Founder, Sonicboom

09-Feb-23 10:00

 Smart Cashless Parking

Most of us are probably familiar with cashless and ticketless parking, in fact, smart parking in Malaysia is valued at USD 450 million from 2022-2030 whereas the figure stands at USD 8 billion in Southeast Asia. However, surprisingly, the Southeast Asian market for parking is still 90% cash-based. This could be down to parking space owners not understanding or fearing the switch to digital. Started by 3 industry veterans, Sonicboom looks to transform traditional cash payment parking businesses to a 0 capital expenditure low operational expenditure business, by having an all-in-one terminal software that eliminates the need of upgrading the software to keep up to date with the latest payment features.

Produced by: Richard Bradbury

Presented by: Richard Bradbury


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketseconomytechnologyCorporatesmanagingSMEentrepreneurs

Tags:  cashless parkingsonicboomMRANTIdigitalisation





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Justin Graham, CEO of M+C Saatchi APAC and Global Network Lead, and Sharifah Menyalara Hussein, CEO and Founder of M+C Saatchi Malaysia, discuss why the agency rebranded, how it’s reshaping their work, and what it takes today to build brands that don’t just sell, but stay.

12:00 PM

Popcorn Culture

(REPEAT) We review Ballerina, and then talk about the limits and appeal of violence on screen.

1:00 PM

Cruise Control

(REPEAT) It’s another used car review - this time it’s something more utilitarian! Daniel talks about a used Toyota Land Cruiser Prado!

2:00 PM

Matt-Splained

(REPEAT) Richard and Matt get together again to talk about AI, and the cost of ignorance.

3:00 PM

Earth Matters

(REPEAT) When it comes to protecting Malaysia’s natural heritage, sometimes it’s the smallest creatures that spark the biggest movements. In Sungai Sepetang, fireflies are uniting communities, scientists, and storytellers alike. We discuss the fight to save these glowing wonders

4:00 PM

Bar None

(REPEAT) It’s racing in its purest form - we talk about go-karting and its appeal beyond its recreational fun!

5:00 PM

BBC World Service

On The Conversation, Ella Al-Shamahi speaks to an ex-circus performer from Bulgaria and a skydiver from France to find out what it takes to achieve some of the world’s most extreme records.