Source: PR Newswire
MOUNTAIN VIEW, Calif., June 27, 2013 /PRNewswire/ — Based on its recent analysis of the smart parking market, Frost & Sullivan recognizes Streetline, Inc. with the 2013 North American Frost & Sullivan Competitive Strategy Leadership Award for Intelligent Parking Solutions. Frost & Sullivan commends Streetline’s execution on its pioneering market strategy as the company continues to reinvent the parking industry through its expansion in the U.S. and internationally. The report is available at the following link: http://www.streetline.com/smart-cities/frost-sullivan-parking-technology-whitepaper/
Streetline’s unique product portfolio has enabled cities in the U.S. and Europe to focus on and reinvent the parking industry. The smart parking system provides clear statistical data that enables metropolitan areas to make data-driven decisions on better parking management in their downtown neighborhoods. Streetline has always insisted on innovation and collaboration; by working closely with partners, such as IBM, Siemens, Cisco, Xerox, ParkMobile, and Citi, it is able to bring together the technology, service, and equipment that are essential to creating seamless solutions. Streetline introduced the platform inEurope in 2012, with the first two deployments in Braunschweig, Germany, and Birmingham, U.K., and Manchester, U.K. in early 2013. The expansion into Europe builds on the company’s growing presence in the United States, which includes smart parking programs in California, Maryland, New Jersey, New York, North Carolina, and Washington D.C.
“Frost & Sullivan research clearly shows that Streetline is taking advantage of emergent technologies, such as the ‘Internet of Things,’ and is implementing its state-of-the-art solutions for improvements in society,” said Neelam Barua, industry analyst at Frost & Sullivan. “Streetline is truly reinventing the parking industry by approaching the market holistically by serving the best interests of consumers, cities, universities, car manufacturers, and other stakeholders, as well as opening up the possibilities of what the Internet of Things will bring for our connected cities.”