Ignite San Diego

Ignite San Diego

Local business spotlight

IPS Group Makes Nearly $1M Parking Meter Sale

By SDBJ Staff
|  Tuesday, May 14, 2013  |  Updated 7:36 AM PDT
View Comments (
)
|
Email
|
Print
Big Sale: Close to $1M in Parking Meters

IPS

The meters are featured in a demonstration video on the company's website.

advertisement

San Diego-based IPS Group Inc. has sold roughly 1,500 of its wirelessly connected parking meters to the city of Bloomington, Ind. Company marketing manager Lisa Bahr confirmed the sale.

Special Section: Local Business Spotlight

Bloomington radio station WFIU reported on its website that the meters cost the city almost $1 million.

IPS manufactures its meters in San Diego. The meters take credit cards and work on solar power.

Bahr said the company also won a competitive bid to install sensors on upward of 1,000 meters in the San Francisco Bay Area town of Walnut Creek. The sensors can detect whether a space is occupied or unoccupied. The data collected can help city officials make informed decisions about parking restrictions or rates.

IPS says it has delivered more than 100,000 meters to more than 100 cities throughout North America. Earlier this spring, the company announced that the city of Manhattan Beach was installing an additional 420 of its smart parking meters, bringing the total to 1,200.

Other recent installations include Detroit (500 meters) and Omaha, Neb. (400 meters). Coming soon are 300 meters for Des Moines, Iowa.

The Business Journal is the premier business publication in San Diego. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Every story is a dose of insight into how to run a better, more efficient, more profitable business.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out