Seize faucets knowledge from driver group in new mapping service
Seize Holdings has launched its personal mapping platform it hopes to license to firms that want location-based providers, equivalent to logistics operators and authorities companies. The Southeast Asian ride-sharing operator is also aiming to maneuver its ecosystem to the platform by subsequent quarter, so it now not wants paid map providers from third-party suppliers.
Referred to as GrabMaps, the mapping service initially was constructed for use internally and fulfil its want for a hyperlocal utility, Seize mentioned in assertion Wednesday. The corporate manages a community of driver- and merchant-partners that present a spread of providers by way of its app, together with meals and grocery supply, parcel supply, rides, fintech and cost providers, and telemedicine. It operates in eight Southeast Asian markets, which embody Singapore, Indonesia, Malaysia, Thailand, and the Philippines.
With the launch of GrabMaps, it now needs to faucet a $1 billion a yr addressable market within the area for mapping and location-based providers. It’s focusing on organisations that use location-based providers in some type, together with know-how providers suppliers, telcos, logistics operators, and authorities companies.
Provided as a business-to-business (B2B) service, GrabMaps could be licensed primarily based on three fundamental knowledge layers–places, street and site visitors, and imagery. These at the moment provide greater than 33 million POIs (locations of curiosity) throughout Southeast Asia, with one other 4 million to be added by year-end, street networks built-in with knowledge equivalent to flip restrictions, tolls, and pace limits, and street-level imagery that present large to 360-degree views from positions alongside roads.
GrabMaps additionally could be out there to assist map-making instruments, enabling enterprise clients to make use of it to construct their very own maps. Seize mentioned its map-making digicam Kartacam was a part of such instruments and at the moment was present process pilot trials in Paris, Johannesburg, Dubai, Seattle.
Seize added that it deliberate to launch APIs (utility programming interface) this yr in addition to cell SDKs (software program improvement kits) in 2023. These would allow builders to reinforce or construct their very own functions and geolocation capabilities by tapping GrabMaps know-how, such routing, search, site visitors, and navigation options, it mentioned.
Seize additionally was focusing on to have GrabMaps totally energy its personal community by subsequent quarter, so it will be totally self-sufficient and never have to depend on paid map and location-based providers from third-party suppliers. The seller makes use of OpenStreetMap as its base layer map by way of an open database licence.
GrabMaps at the moment gives location-based knowledge and providers to seven of the eight markets by which Seize operates, supporting all its service verticals throughout these markets. The mapping platform processes 800 billion API calls every month.
Citing its benchmark examine towards one other third-party mapping platform, Seize mentioned its mapping service carried out at four-times decrease error price, throughout which the API didn’t return an correct response, and 10-times decrease latency primarily based on API response time.
It mentioned GrabMaps drew knowledge from orders and rides served every day, together with real-time suggestions from drivers equivalent to street closures and enterprise tackle adjustments. Its community of driver- and delivery-partners additionally present knowledge, together with POIs, road imagery, road names, and site visitors indicators in return for addition earnings.
Seize’s co-founder Tan Hooi Ling mentioned: “The again alleys and slim aspect streets widespread throughout Southeast Asia cities usually do not present up on typical maps, however are navigated by our driver and supply companions on daily basis. We have invested to show this intelligence right into a aggressive benefit, permitting us to serve our customers and companions with an awesome expertise, on the similar time driving effectivity and cost-savings for the enterprise.”
Commercialising the mapping know-how additionally a part of the corporate’s efforts to drive its enterprise service choices, Tan mentioned.