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IBM, Streetline to ‘take the pain out of parking’
US tech giant IBM is teaming up with a startup called Streetline in a bid to take the pain out of parking.
According to IBM, the service will play a massive role in alleviating congestion in large cities. The company says that an estimated 30% of city traffic is made up of people driving around in search of parking.
The two companies have designed a system called “Smarter Parking”, which combines IBM’s data analytics capabilities with Streetline’s innovations in parking sensors and software.
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