As any true urbanite will know, few things are more frustrating that driving around for half an hour just to find a parking spot. Luckily, Israeli company City Transformer’s has created an eco-friendly foldable car that takes up just a quarter of a regular parking spot.

Is the next revolution in cellphone apps all about parking? Israeli company Anagog has recently unveiled its algorithm, which supposedly directs you to a parking space using data collected automatically from other smartphone users.

A year of your life. If you live in a busy city like Tel Aviv, that's how much time you will spend looking for parking. However, new Israeli app Parko aims to change that, with a smart system that integrates smartphone sensors and learning algorithms to tell you when parking spots become available.

New computer software developed by Israeli researchers will help improve and test the impact of parking policies before being implemented on the roads. The computer stimulator, 'Parkagent,' will aid in overcoming parking complications and offer a more proficient way to park.