MapmyIndia announced that its Real View platform is now capable of building the world’s first ‘Digital Map Twin of the Real World’.
Real View Digital Map Twin can capture, recognize and publish “real-as-life” 3D and 360 degree maps of both outdoors and indoors via GPS, laser and panoramic camera sensors that are embedded on top of ground-based vehicles, backpacks, trains, flying drones, and trolleys that can move quickly indoors.
MapmyIndia acquired Bengaluru-based video maps provider VIDTEQ to build this digital map twin. VIDTEQ’s technology allows users to view video-based directions between two different points in a city. VIDTEQ has covered more than 20 cities across the country.
“We are the pioneers in VideoMaps. By joining hands with MapmyIndia, who are the leaders in digital maps and location technologies, we would like to together build next generation Advanced VideoMaps that can power Autonomous Vehicles” said Chandra Thimmannagari, Founder and CEO at VIDTEQ.
“The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can make our world better” said MapmyIndia CTO Rohan Verma.
Real View platform can be updated continuously by using its IoT platform InTouch and its analytics engine Insight. InTouch processes real-time video streams, vehicle sensors data and professionally moderated crowd-sourced reports on traffic and road conditions while Insight analyses geo-tagged videos in real-time via computer-vision and machine learning techniques to recognize and extract fixed features and changing obstacles on/conditions of the roads. MapmyIndia is also using its recently launched digital address system eLoc to offer users 6 character unique alphanumeric code for the place.
“We are excited to pioneer building of the Real World’s Digital Map Twin, and are proud to say that India and MapmyIndia will lead the world in mapping innovation and technologies.” said MapmyIndia managing director Rakesh Verma. “We are happy to serve all our customers and users, across industry, government, automotive and consumer verticals in mapping the indoors, outdoors, in 360 degree, in 3D, and in real-time to enable a significantly better level of governance, business, transport and everyday live”
Aeris, an Internet of Things (IoT) service provider formed a partnership with MapmyIndia to offer geo-spatial intelligence based IoT solutions in India by leveraging their respective areas of competence.
It is said that the global IoT market is expected to cross $200 billion by 2020. The IoT market in India stands at $5.6 billion with 200 million connected devices in 2016. This is expected to grow to $15 billion with 2.7 billion devices by 2020 presenting a significant opportunity for technology and service providers.
Managing Director, MapmyIndia, Mr. Rakesh Verma said that the world is moving from automatic to autonomous operations. “The partnership with Aeris, a pioneer in the IoT space, will go a long way in making the Indian businesses globally competitive. I am confident that the combination of MapmyIndia’s best-in-class mapping & GIS solutions and the pioneering IoT prowess and global experience of Aeris will be a big boon for not just the Indian businesses and enterprises but will benefit the whole country.”
Aeris and MapmyIndia will jointly develop solutions which are expected to address business challenges such as ubiquitous tracking through connectivity.
President, Aeris Communications, Dr. Rishi Bhatnagar, said “We are witnessing the evolution of the IoT ecosystem globally with businesses recognizing the need to invest in technologies and solutions based on IoT. Our tie-up with MapmyIndia is primed towards helping businesses leverage the potential of IoT to realize business benefits that are multi-dimensional, innovation-driven and transformative. I am confident that this will change the way verticals operate and companies perform,”
For more information, please contact: Aeris Kevin Petschow +1.312.985.9182 Kevin.Petschow@aeris.net or Prayukth K V +919900384022 Prayukth.email@example.com MapmyIndia Naman Mittal +91 9718001166 firstname.lastname@example.org
MapmyIndia participated at TU-Automotive Japan, held in Tokyo from 18-19 Oct 2016. The conference covered areas like fastest changing and hottest tech areas in the connected vehicle industry. A platform to explore and share knowledge of telematics and smart mobility. Shivalik Prasad, Director, MapmyIndia spoke on business models showing how local players can empower global players with the help of telematics. He spoke about high definition map data base, navi solutions, image processing for autonomous cars, indoor maps, RealView and Lidar data processing, the ingredients for the connected car ecosystem global OEM’s are building.