Intermap, Colorado-headquartered, listed developer of geospatial intelligence operations, announced a landmark strategic agreement with telecom giant TATA Communications, whose global customer base spans 80 percent of mobile subscribers in 200 countries. Intermap will support the rollout of TATA’s 5G wireless telecommunications network in select Indian cities with geolocation services. The agreement brings Intermap its first commercial client in India, as it continues to expand in Asian infrastructure markets.
In a statement announcing the partnership late Wednesday, Intermap said the Indian commercial geospatial market is among the largest, yet most underserved markets in the world. In addition to telecom services, Intermap’s high-resolution 3D datasets for India can serve insurance and aviation applications.
Intermap’s elevation data-as-a-service (EDaaS) solution for telecom network and real estate site planning is said to improve efficiency and cut the cost of planning operations for companies that operate at country-wide or global scale. EDaaS delivers high-resolution, 3D, multi-sourced datasets through APIs and other web services that can be integrated with existing technology to provide fast and accurate answers for locations anywhere in the world in close to real time, with extremely high global precision.
Two Words: Subscription Model
In an environment where Intermap’s U.S. government prime contractor partners have cut costs due to the pandemic, delaying government revenue, Intermap’s commercial business is proving resilient, now with over 80 EDaaS customers, almost half of which have signed subscriptions. Year-to-date, approximately 57 percent of Intermap’s commercial sales have been subscription-based.
“Intermap is a global leader in elevation data and analytics, and these contracts demonstrate how we are now serving multinational commercial clients in more places around the world,” said Patrick A. Blott, Intermap’s Chairman and CEO.
“Foreign governments have greater flexibility to acquire commercial products and software directly from Intermap and we have begun to see these sales recover this quarter. It is our expectation that U.S. prime contractor bottlenecks are improving as vaccine levels accelerate and the economy re-opens, and that recovery in our U.S. government sales will follow before the end of the year.
In the meantime, India presents a unique opportunity for Intermap to provide TATA Communications with bespoke solutions available globally on demand. These turnkey and customizable products make the world’s best 3D geospatial data accessible to non-expert users. They are scalable and sufficiently flexible to help address TATA’s vast global ecosystem of geospatial requirements,” Blott said.
Concurrent with the TATA deal in India, Intermap says it has also entered into an agreement with a multinational engineering company conducting site analysis and project feasibility in the Middle East. This contract, covering several thousand square kilometers in Saudi Arabia, enables a construction project for energy-related infrastructure, including power transmission.
Earlier this month, Intermap announced a partnership with Colombia’s Grupo GeoSpatial S.A.S. in support of Colombia’s national mapping program, Instituto Geográfico Agustín Codazzi (IGAC), and its efforts to manage that country’s natural resources in rugged, mountainous areas, namely water and forestry resources.
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