04 Apr '12, 4pm

Siemens and Streetline team up for smart parking #VERGECon

Siemens and Streetline team up for smart parking #VERGECon

Siemens is joining forces with Streetline to help reduce the longstanding frustration of drivers seeking parking spots in congested areas. Streetline, a 7-year-old company based in Foster City, Calif., connects sensor-enabled parking meters with smartphone apps to provide cities and drivers with parking options in select urban environments. Aside from helping alleviate parking rage, maximizing parking spaces helps reduce congestion, lower emissions and improve public safety. Siemens and Streetline claim that further efficiencies -- and indeed increased city revenue -- can be achieved via a central management system in monitoring and analyzing parking patterns to implement demand-based pricing. "Cities are facing the challenge of aging infrastructure, a growing population and limited financial resources," Terry Heath, president of Siemens Infrastructure & Cities ' mobility ...

Full article: http://www.greenbiz.com/blog/2012/04/04/siemens-and-stree...

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