IoT based system allows drivers to find a parking space

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One often-cited statistic: 30 percent of the cars in congested downtown areas are looking for parking. Whether this is accurate or not, it is certainly true that urban congestion and pollution is on the rise. Increasingly, cities are looking to greater connectivity to help solve this problem. In San Francisco, a new system is using connected meters to adjust parking prices up or down depending on demand. Now, German electronics company Bosch has come up with another idea. The company’s connected mobility solutions division has developed an IoT-based system that can tell drivers the location of nearby parking spaces, as…

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