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tdp2664 E money daily IBM (NYSE:IBM) has launched a new city parking analytics system. IBM (NYSE:IBM) Analyses City Parking The tech giant IBM (NYSE:IBM) has launched a system designed to assist cities ease parking congestion and gather more parking fees. The company announced that the facility could also help motorists find parking spaces more easily in crowded town areas. Vinodh Swaminathan, IBM’s director of intelligent transportation systems, said that, “The existing parking systems are pretty inefficient of how cities manage them. Think of a parking spot as a revenue-producing asset. With the ability to instrument these assets, we can manage them far more efficiently." IBM (NYSE:IBM) shares are currently standing at 179.86. Price History Last Price: 179.86 52 Week Low / High: 133.67 / 185.63 50 Day Moving Average: 171.79 6 Month Price Change %: 9.1% 12 Month Price Change %: 32.0%
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