The U.S based multinational technology giant IBM has announced that it is joining forces with Streetline, a privately held firm, in order to come up with a unique system which will be able to track parking patterns on its own, thus helping municipalities and car-owners in decreasing congestion.
IBM further revealed that the new collaboration will allow the company to use Streetline’s patented smart parking platform, which will help the proposed new technology to detect the presence of a vehicle from a remote distance with the help of the sensors placed in individual parking place.
The transmitted data, then would be merged with analytics residing inside IBM Cognos with the vision of letting the car owners and municipalities know the hourly occupancy, parking trend and durations by area, etc.
“Today, there is a massive amount of transportation data available that can help cities alleviate congestion and improve transportation services, such as parking,” said Gerry Mooney, general manager of global Smarter Cities at IBM, FoxBusiness reports.
"It's critical for cities to be able to turn this data into information and insight so they can anticipate and avoid situations that cause congestion, while simultaneously improving the services they provide citizens and businesses,” he added.