Smart Parking: A Private-Public Partnership Aims to Understand Parking Via IoT

A private-public partnership between Stratford, Ontario and eleven-x, FoxNet, and the Canadian Open Data Exchange (ODX) has led to the introduction of “smart” parking spaces, asphalt-embedded sensors that collect data regarding the occupancy of a parking space. Around 80 of these sensors have been approved and installed for collection and analysis by the City.

Stratford officials anticipate the ability to better predict and design around traffic patterns with the new servers of parking data. Eventually, the secure networks will allow citizens to remotely check the parking situation at popular city spots. The multi-company collaboration is part of Stratford’s commitment to cutting-edge technology solutions, particularly IoT operations that municipal officials expect will become even more possible with the success of this partnership.

For now, the smart parking platform will collect data through the end of 2018. Soon, that data will be made available to the public.

Follow us on social media for the latest updates in B2B!

Latest

China Chip Controls manufacturing plant
Biden Nears Win as Japan, Dutch Back China Chip Controls
January 29, 2023

For more on the West’s race to implement China chip controls, read Bloomberg’s explainer on the computer chip “arms race.” (Bloomberg) — Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic […]

Read More
NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
January 28, 2023

(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine, […]

Read More
California storms farmers
California Storms Have Farmers Rushing to Avoid Crop Shortfall
January 28, 2023

(Bloomberg) — California farmers are facing costly damages from weeks of severe California storms that may trigger more expensive US fruits and vegetables in a time of massive food inflation. “The numbers are going to be somewhere in the hundreds of millions and perhaps in the billions,” Dave Puglia, head of the trade group Western […]

Read More