Delhi NCR, April 17, 2017 – MapmyIndia, India’s leader in digital maps and location technologies, today announced that its revolutionary Real View platform is now capable of building the world’s first ‘Digital Map Twin of the Real World’. This Real View Digital Map Twin will capture, recognize and publish real-as-life 3D and 360 degree map of both the outdoors and indoors through GPS, laser and panoramic camera sensors embedded on top of ground-based vehicles, back-packs, trains, flying drones, and trolleys that can move quickly indoors.
MapmyIndia’s next gen Real View can be updated continuously by leveraging MapmyIndia’s IoT (Internet of Things) platform, InTouch, which can process enormous streams of real-time video and data from vehicle sensors and professionally moderated crowd-sourced reports on traffic and road conditions, as well as its analytics engine, Insight, which analyses geo-tagged video in real-time through computer-vision and machine learning techniques to recognize and extract fixed features and changing obstacles on/conditions of the roads. Finally, through its recently released eLoc Digital Address System, MapmyIndia simplifies the identification and communication of every address, place and object in the real world by giving it a simple, short, standardised, precise and unique 6 character alphanumeric eLoc code (e.g. 8GDTYX represents a door number C2/149a, Janakpuri, New Delhi), along with an openly shareable standard eLoc link (e.g. http://eloc.me/8GDTYX). Thus, MapmyIndia is in essence creating and Advanced, Fully Annotated, Video Map of the Real World i.e. a Digital Map Twin of the Real World.
This ground-breaking suite of technologies is a world-first and leapfrogs the Indian mapping industry and MapmyIndia to the forefront of the global mapping industry. MapmyIndia already possesses the most comprehensive digital map data set of India, and with the help of the Digital Map Twin of the Real World, is best positioned to accelerate the advent of super-safe self-driving cars, smart cities and emergency response system, and factories, buildings, warehouses and retail outlets of the future in India, sooner than the rest of the world. MapmyIndia offers a suite of Smart Vehicle, Transportation, Governance, Security, Business, Retail, Warehouse and Factory enterprise solutions based on its capabilities around Indoor and Outdoor, 360 degree and 3D, mapping and laser scanning capabilities through its ground-based, drone-based and indoor-based RealView platforms.
Rakesh Verma, Managing Director, MapmyIndia said “We moved back to India in the early 90s to give back to our country through technology and innovation, and pioneered digital mapping for India in 1995. In 2017, 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. India is going through rapid development and there is urgent need for addressing both parts of India, which are developing as well as which are aspirational. Our cities need to become smarter, and that can only happen if we model and map our cities in full 3D, 360 degree and in real-time, so that quality of life and efficiency of governance and business increases in cities. Our cars need to become safer and self-driving, to reduce road accidents and traffic and to bring down costs of logistics and road transportation. And finally, the indoors of our buildings and infrastructure, where 90% of the GDP is created and where we spend 90% of our time, needs to be fully mapped in 3D, so that we as a society can become the smartest and feel the safest. 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”.
To augment its efforts in building the Digital Map Twin, MapmyIndia has acquired Bengaluru-based pioneer in VideoMaps, VIDTEQ. VIDTEQ was founded by Chandra Thimmannagari and Navada Muraleedhara in May of 2008. VIDTEQ is the Leader and Pioneer in VideoMaps. VideoMap technology allows a user to view a video clip of the complete route from any source to any destination within a City. VIDTEQ has VideoMap-ed more than 20 Cities in India. VIDTEQ has used its VideoMap technology to address one of the biggest pain points, Location and Direction information, for Builders, Schools, Colleges, Resorts and Other Businesses. VIDTEQ products are currently being used by most of the top builders in India. Some of the products offered by VIDTEQ are – VideoMap, Explore, 3D Model, Book Online Platform, Drone View, Map View, 360 Interior/Exterior View etc. VIDTEQ also owns mapmyhome.com, a Real Estate listing portal for new project launches.
“We are extremely excited to be acquired by MapmyIndia. We believe it’s a perfect match. 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. This is a fantastic day for our users, customers, partners and employees.” said Chandra Thimmannagari, Founder and CEO at VIDTEQ.
“We’re delighted to welcome VIDTEQ into MapmyIndia. We found a common history with the VIDTEQ founders who are also Stanford and Intel alums, and a common passion for maps, cutting edge technologies and India’s development. The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can make our world better”, said Mr. Rohan Verma, CTO at MapmyIndia.
MapmyIndia’s mission is to make the world better through maps and location technologies. Founded in 1992, MapmyIndia is India’s leader in premium quality digital map data and APIs, GPS navigation, tracking, location apps, and GIS solutions.
Headquartered in New Delhi with offices across India, MapmyIndia is an ISO 9001-2012 company with 750+ people that pioneered digital mapping in India. Since 1995, through continuous efforts of its 400+ professional field surveyors and state-of-the-art mapping technology and its own private investment of Rs 200+ Crore into cutting technologies and professional map building processes, which includes its revolutionary RealView service that captures, analyses and publishes the world in 3D and 360-degree photo-realistic clarity, MapmyIndia has built its proprietary MapmyIndia Maps, the most comprehensive, accurate, reliable, full-featured, professionally created and continuously updated digital map data set IP for all India, including the game-changing eLoc digital address innovation, a 6 character code for every doorstep across India, which are used for a wide range of applications including Navigation, Telematics, Autonomous Driving, Geographic Information Systems, Location Based Services and Smart Cities. MapmyIndia powers 5000+ enterprises, 80% of car with in-built navigation in India run on MapmyIndia, 10,000+ developers build on the MapmyIndia stack, and MapmyIndia has successfully served over 10 million individual end users and customers.
MapmyIndia makes not just the most advanced, accurate and detailed maps of India, but also the best GPS-based IoT (“Internet of Things”) devices optimized for use in vehicle, asset and personal navigation and tracking, market-leading location-based enterprise SaaS (“Software as a Service”), popular and delightful hyper-local mobile and web consumer apps, including maps.mapmyIndia.com, India’s very first and most detailed, accurate and comprehensive interactive online mapping portal, and NaviMaps, the best offline GPS navigation app for India. Enterprises, startups and developers can infuse rich and valuable location intelligence into their own apps, IoT devices, solutions, systems and workflows by integrating with the MapmyIndia Stack, which is India’s best and most powerful set of data, APIs, professional services and customized solutions covering maps, navigation, tracking and location analytics. MapmyIndia’s developer platform, AppmyIndia (http://appmyindia.com), already powers tens of thousands of developers, startups and technology deployments by marquee public and private sector enterprises across 4 themes – Smart Cars, Smart Businesses, Smart Governments, and Smart Consumers – and is focused on enabling the entire ecosystem to transform India and leapfrog it to the forefront of the digital world.
About VidTeq (India) Private Limited
Headquartered in Bangalore, VIDTEQ is the Leader and Pioneer in VideoMaps. We provide VideoMap based Navigation, Location and Search solutions for Businesses. We are the FIRST in the World to come up with the concept of VideoMap and the technology associated with it. For more information, please visit www.vidteq.com.