IBM picks an E Traffic vendor as the smartest of the startups

IBM’s smartcamp global entrepreneur competition culminated in Dublin today with 9 startups from all around the world competing for the title of the “world’s smartest startup”. From 660 original applicants the final winner was Streetline, which helps cities track parking violations and drivers to find parking spots.

Ultra-low power sensors are installed in parking spots, which can detect if the space is occupied. Sensors can also be installed in the parking meter to verify whether the meter had been fed and therefore detect violations.

VentureBeat has the story. The technology industry is in on its way, delivering the tools needs for virtual traffic space.