TomTom will change from the ground up. This One of the most important announcements in its more than 30-year history of your company. TomTom will have a new mapping platform. An innovation that is a full-fledged revolution for a company that is essentially committed to it.
The map maker wants to be the largest geolocation data provider in the world. To do this, they will create new “hyper-detailed” maps with open data, along with new APIs and SDKs and OpenStreetMap. Complete reformulation of the mapping platform try to get the whole industry to cooperate with them when they need open maps which to work with.
From food delivery apps like Deliveroo or Just Eat to urban mobility apps like Uber, Lyft or Bolt, through exercise apps like Strava. All of these companies need a mapping platform to work on, but the options are pretty limited right now. They either choose open data like OpenStreetMap or go through the hoops of big companies like Google Maps or Apple Maps.
This is where TomTom’s new plan comes into play. They want to be the best provider of maps and geolocation data. Not just for apps, also for applications such as vehicle communication systems, both for digital applications and for roadside assistance and autonomous driving functions. Likewise, they consider applications to search for electrical charging points. With geolocated data, the possibilities are overwhelming.
TomTom has high hopes in this area. They expect the geolocation technology market to reach 600 million euros by 2025.
To build this new platform, in addition to OpenStreetMap data, TomTom will collect data from different sources such as other companies and collaborators of open projects. Data from various places to complement this new platform, which aims to be open and collaborative for companies to feel involved. And TomTom warns about it It’s also allied with “some of the biggest names in the tech industry”..
The data that will be included in these maps include routing algorithms, estimated arrival times, positioning and geolocation data for applications like Foursquare. According to the TomTom calendar, this new platform will be available in the second quarter of 2023. We’ll have to wait to see how this new TomTom 2.0 fares.
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