This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

City Of Cologne Completes Smarter Traffic Pilot With IBM

COLOGNE, Germany, Jan. 17, 2013 /PRNewswire/ -- The City of Cologne, Germany, and IBM (NYSE: IBM) today announced the completion of a smarter traffic pilot to predict and manage traffic flow and road congestion in the city. The pilot demonstrates how the city of Cologne can anticipate, better manage, and in many cases, avoid traffic jams and trouble spots across the city using analytics technology.

(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO

The city's traffic engineers and IBM were able to predict traffic volume and flow with over 90 percent accuracy up to 30 minutes in advance. As a result, travelers would be able to better plan ahead and determine whether they should leave at a different time, plan an alternate route or use a different mode of transportation.

"The traffic prediction pilot results are very encouraging," said Thomas Weil, Director of the Cologne Traffic Control Center. "Having the ability to create actionable insight from the traffic monitoring data gives us an ability to better manage congestion as well as provide citizens with more precise traffic information. Our Traffic Command Center would be able to optimize current traffic flow while anticipating and planning for potential traffic incidents."

Cologne, Germany's fourth largest city with a population of just over one million, is a retail center, hub for trade shows and a cultural center with many museums and galleries. The increase in traffic density and congestion has incentivized the City of Cologne to seek out new ways to better manage and optimize traffic flow and increase the capacity of its transportation networks within the constraints of its infrastructure.

The traffic command center collects real-time data from more than 150 monitoring stations and 20 traffic cameras on the roads, highways and at intersections that are known to be traffic hot spots. However, the command center currently does not have advanced traffic management tools or a way to forecast what traffic will be like in the near future. The advanced transportation management software could help traffic officials identify imminent road congestion and help them plan and respond ahead of time.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,051.73 -48.45 -0.28%
S&P 500 1,973.63 -4.59 -0.23%
NASDAQ 4,424.7040 -7.4420 -0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs