Driverless Cars Are the Next Transportation Shift

Most people would still be somewhat surprised that there are driverless cars on the roads in some American cities even now. Yet, according to the Google self-driving car project, they’ve driven 1.5 million miles already, “…and are currently out on the streets of Mountain View, CA; Austin, TX; Kirkland, WA; and Metro Phoenix, AZ. Maybe…

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Meet the 5 Startups Crowned Finalists of Chicago’s Techweek Launch Competition

Techweek Chicago, the annual tech mega-event that takes place every summer, wrapped-up Friday afternoon with its regional Launch competition. Out of 60 Chicago and national startups who were selected to present their companies at Thursday’s Launch expo, 5 companies were selected as finalists to participate in a tech showdown for the ages. A representative from each…

ParqEx: Self-Driving Cars: What You Need to Know

Self-Driving Cars: What You Need to Know

Believe it or not, self-driving cars may not only be the wave of the future, they may become very prominent in our society very soon. You may or may not have heard about this movement. For some reason, it hasn’t received very much publicity, but there are a number of companies working on the concept. You may…

ParqEx: Ways The IoT is Helping Increase Parking Availability in Major U.S. Cities

Ways The IoT is Helping Increase Parking Availability in Major U.S. Cities

Advancing technology is using cloud-based applications to bring innovation to many different industries and sectors of society. In the realm of transportation, mobile apps using the cloud, are solving difficult logistic problems like delivery, public transportation, and even parking. Let’s explore the possibilities by looking at ways the IoT is helping increase parking availability in major…

ParqEx: How Technology Innovation is Changing Transportation

How Technology Innovation is Changing Transportation and Shipping in 2016

The transportation and shipping industries are getting smarter and more innovative every day, thanks to a fruitful partnership between IoT and the ever-expanding sharing economy. The latest developments with these technologies are improving roadways and shipping ways for individuals and businesses alike–including these innovative examples. BlipTrack Sensors Helping Road Engineers in Europe Create Better Traffic Flow Blip…

ParqEx: The Current State of the On Demand Marketplace

The On-Demand Marketplace Revolution

The on-demand marketplace is growing exponentially and is now a serious business. Companies around the country and around the world are disrupting traditional business models. Also known as the “sharing economy”, companies are using peer-to-peer models to instantly provide services using people’s spare resources. Whether those resources are a spare room, a spare moment to work…

ParqEx: 5 Trends of the Sharing Economy

5 Trends in the Sharing Economy

You’ve heard a lot about the sharing economy and have most likely used a range of services it offers, from Airbnb to TaskRabbit. You have probably also heard about changes, wrinkles and shifts in this emerging sector. Here are five trends in the sharing economy to watch out for. Trend 1: Blending of Corporate and Start-Up Cultures…