Posts in Category: Online Updates

NewsOlive carried the news- MapmyIndia to enter two Wheeler Navigation

NewsOlive carried the news prominently mentioning that while the software for the two-wheeler navigation is ready, discussions are going on with the Original Equipment Manufacturers.

two-wheeler navigation
NewsOlive also mentioned the launch of MapmyIndia Map Engine- A solution designed to geo-enable applications and solutions with a faster turn-around time.0

The Hindu Business Line covers – MapmyIndia to enter two Wheeler Navigation

According to Mr. Rakesh Verma, Managing Director, MapmyIndia, the tie-up with two-wheeler industry major and the initiative of launching navigation systems for the segment is going to be announced shortly.

two-wheeler navigation

He also declared the launch of the MapmyIndia’s Map Engine. A solution designed with its versatile capabilities to geo-enable applications and solutions with a faster turn-around time.
The organization is soon coming out with its consumer maps offer, confident in being able to offer products of superior quality.

Times of India displays- MapmyIndia to enter two Wheeler Navigation

TOI displayed the news quite prominently that the technology major MapmyIndia is gearing up to drive into the two-wheeler navigation segment in the consumer market.

Times of India

Times of India

It also carried “the launch of the MapmyIndia- Map Engine powering comprehensive map data in the form of tiles and geospatial functions. It uses universal software and ERP systems and platform, making for quicker deployment and faster turn-around time.”

MapmyIndia MD, Mr. Rakesh Verma also shared that he believes that MamyIndia’s maps are comprehensive and accurate. Also, that so far they have been targeting corporate and government clients but this will change with this launch meant for the consumer market.

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The Hindu covers – MapmyIndia to enter two Wheeler Navigation

The location-based technology major MapmyIndia will be entering the two-wheeler navigation segment soon. The two-wheeler companies tied up with will be coming out with details soon.

Two Wheeler Navigation

The MapmyIndia- Map Engine, powered using map tiles containing MapmyIndia’s comprehensive map data, along with geospatial functionalities have also been launched recently.
With a prominent revenue and progressive annual growth rate, MapmyIndia is a leader in Digital Data & Mapping, Location-based Technology, Telematics, GIS and SaaS solutions.

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Geospatial Industry & the Expected Explosive Growth

A lot of ongoing initiatives have been introduced recently from within the geo-spatial Indian industry and by the Government of India. Coupled with the newly emerging areas being targeted for expanding services, the Geospatial sector is poised for an explosive growth within and outside India. The trigger for all this has come from the availability of GIS, GNSS and imagery mapping of Earth from outer space. There also seems to be a consensus within industry sources that this growth will be driven by Big Data, Cloud servers, Internet of Things and Artificial Intelligence.

For all this to happen there has to be a coming together, a merging of technologies which is non-existent today. Each industry segment is secure and knowledgeable within its own sphere. For growth to happen, alliances will need to be formed to enable sharing expertise of one industry segment with another and the creation of joint projects.

The emerging requirements worldwide for smart cities, and more generally, smart technology, necessitate a convergence of different and diverse technologies. Interestingly, there was the re-emergence of the “Digital Twin” which was so eloquently and graphically discussed by MapmyIndia’s Rohan Verma during the full day seminar held on “Map the Future” at Gurgaon in April 2017. It came center-stage once again as the Geospatial World Forum 2018 held at Hyderabad on January 17th, 2018.

Some of the other areas of discussion included the “re-discovering of distributed GIS, analytics, real-time mobility and community engagement with GIS.” With spatial analytics taking priority, it has become necessary for the industry to focus and in a way re-learn. The new nitty-gritty concepts of “the where, the size and shape, the relationship between places, the best locations and paths, the patterns and making predictions” are said to be of paramount importance now.

It is predicted that the hundreds of billions being generated as revenue by the geospatial segment worldwide are slated for a mega-jump. A continuous growth rate of 13.6% is expected till 2020. The Indian share of this market is expected to be a far larger percentage, based on its nascent stage, than it is today. Increased usage of geospatial technology is expected in segments like BFSI, Construction, Agriculture, where this technology is already being used. Some of the emerging areas demanding penetration are areas like Disaster Management, Forest Cover Imaging, Environment Modelling, Infrastructure and Urban Development, and Identifying and Managing Water Resources.

An interesting insight of the Indian segment of the geospatial industry during the recent World Forum was its focus on improving living conditions of the people of India. Geospatial technology and the tiny percentage of service providers in India still have many industry segments to tap and penetrate. The advantages of the technology lie in its ability to support all these segments in improved cost-effectiveness, increased efficiency and accuracy, greater transparency and better planning, with all these leading to much faster decision making in government and private sectors.

Quite interestingly, subsequent to the Hyderabad meeting held recently, the AGI (Association of Geospatial Industries) signed a Memorandum of Understanding with the EARSC (European Association of Remote Sensing Companies) for increased collaboration between the two. This was signed on the sidelines of the Geospatial World Forum in Hyderabad recently.

As seems evident, alliances are in progress now with the signing of this agreement and the ball has been set rolling for the coming together of technologies.

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