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Wayfinder signs a deal for Maps of India

 
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MikeB
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Joined: 20/08/2002 11:51:57
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Location: Essex, UK

PostPosted: Thu May 31, 2007 9:26 pm    Post subject: Wayfinder signs a deal for Maps of India Reply with quote

Wayfinder were the first company (if I remember correctly) to offer offboard (server based) navigation solutions. This means that the maps are held centrally on a server and accessed over the wireless network.

One advantage of this setup is that you are guaranteed to have access to the very latest mapping data, and also have the power of server computers to do the routing calculations. Another advantage is that new applications, services, and in this case map areas are very easy to integrate into the system, without the need to download and install new data into your navigation system.

Wayfinder have signed an exclusive deal with MapMyIndia to allow travelers, and more importantly residents of India to have access to the power of SatNav.

The full Wayfinder press release:
Wayfinder Press Release wrote:

Wayfinder and MapmyIndia in exclusive cooperation for navigation in the world’s fastest growing mobile market

Wayfinder has signed an exclusive agreement with MapmyIndia. MapmyIndia will provide Wayfinder with access to its high quality digital map data covering India. The agreement enables Wayfinder to deliver state-of-the art mobile navigation and location based services
in India.

Wayfinder’s ambition to become a truly global player in the field of navigation and positioning technology has taken a giant step forward with the announcement of an exclusive agreement for server-based navigation services with MapmyIndia.

India is a major market where Wayfinder intends to establish their services. Wayfinders’ full range of products will be made available in the region. Wayfinder will start the services covering the entire country along with detailed city coverage of 20 major metropolitan areas initially and by year-end it will cover all other major cities as MapmyIndia has the detailed coverage of over 150 major cities in India.

MapmyIndia has very good reputation and track record of over 10 years in this industry and has established a strong loyalty with a large number of enterprises in India. Wayfinder will be the only provider in the server based navigation field with extensive services and map coverage. Every month an additional 6 million mobile subscribers is added in India. At present there are approximately 160 million subscribers and the interest for mobile mapping and navigation services is great.

“The cooperation with MapmyIndia has started at the fastest possible pace and the fact that we have an exclusive agreement is very important and gives us a great lead over any competitor in the field,” says Magnus Nilsson, CEO, at Wayfinder Systems.

“After the launch of MapmyIndia.com in 2004, we realised that the demand for navigation solutions in India are substantial. In the process of identifying the best applications for server-based mobile navigation, we found that Wayfinder has what is required for success in India,”
says Rakesh Verma, Managing Director , at MapmyIndia.

Wayfinder is also about to close a deal with one of the largest mobile operators in India and has already reached an agreement with one of the largest mobile phone distributors.

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