Genesys International has signed a Memorandum of Understanding (MoU) with IT-major Wipro Limited to tap the opportunity in the autonomous car sector.
With this agreement, Genesys will use its core strength and the expertise to develop HD Maps and Content while Wipro will develop the navigational and control technology for autonomous system and smart mobility companies.
The first activity under this agreement was to create an HD map of the Wipro campus in Bangalore. This has now enabled the pilot vehicle, developed by Wipro, to drive around the campus autonomously.
Speaking on the MoU, Wipro Ltd’s Chief Technology Officer K R Sanjiv said, “Wipro’s partnership with Genesys will further accelerate the deployment of these solutions in the autonomous system space.”
Sanjiv said this partnership enhances Wipro’s offering in the autonomous system market and reinforces our ability to support the initiative of our global customers.
Rajendra Tamhane, Senior VP of Genesys said, “HD Mapping for Autonomous Driving is a $10 billion opportunity, which is here and now. Every autonomous vehicle sold will have around $225 worth of Map content. With two decades of experience in the Geospatial technology and being pioneers in LiDAR technology in India, we understand the mapping business better than anybody else. This partnership with Wipro will strengthen our presence in the autonomous system space.”
The convergence of IoT, Machine learning, and AI has expanded the boundaries of innovation and productivity. ‘Smart’ is the new trend and the concepts of Smart cars, Smart cities, Smart Devices, Smart manufacturing and the list is keep growing.
Autonomous Vehicles, whether these are cars on the roads or utility vehicles for off-road/indoor usage, are expected to save billions of human hours, be more environment friendly, help decongest roads by allowing shared mobility, make commutation safer, move around goods in a warehouse, sweep our streets, excavate mines and so on.
Worldwide the industries are aggressively focusing on integrating various technologies like IoT, autonomous vehicles, robotics, artificial intelligence / machine learning to remain competitive and to improve their product portfolio.
High precision spatial mapping content is essential for a high precision world envisaged by the autonomous vehicles. Particularly, HD Maps built for autonomous maneuvering need to have centimeter-level precision as the vehicles need very precise instructions to maneuver themselves around the 3D space and complete the task assigned. HD maps or reality capture thus indeed herald a new age for mapping services and geospatial content creation, delivery and updation.
India-based Genesys sai d it has been at the forefront in advanced maps for car navigation and now has extended its capability for creating HD Mapping content for the autonomous vehicles. The technology player has built the capacity to develop HD Maps and Content across countries for being used on roads, inside campuses, in communities, factories etc.
It may be noted that recently Genesys along with one of its partners has completed HD Maps for 1200 km of road and street network for an Autonomous Driving project within a retirement community.