A Denver, Colorado-based global leader in geospatial data and intelligence solutions has announced that it will expand operations to India.
Intermap Technologies announced this week in a press release that it was dedicated to helping TATA Communications with its development across major Indian cities.
Intermap Chairman and CEO Patrick A. Blott said the move comes at a time of success and growth for the Denver company in the area of data and software subscriptions.
"Driven by a proliferation of data from multiple new sources, including space, Intermap is experiencing rapid growth within its existing data and software subscription accounts around the world. Our customers are leveraging Intermap's trusted and proprietary IRIS technology to make multisource geospatial information useful across multiple domains, turning their geospatial information into actionable intelligence that is not dependent upon a single source or sensor," said Blott.
The company is projecting profits of at least $3 million for this year’s third quarter. This includes the gains made through the newly formed five-year Geospatial Products and Services IV (GPSC4) deal with the U.S. Geological Survey (USGS).
"We are delivering high-resolution, multisource 3D digital surface models for all of India, taking advantage of Intermap's proprietary foundation data, automated feature extraction capabilities and customer datasets to enable accounts like TATA Communications to expand its network and provide essential services across major Indian cities, integrated into existing workflows and seamlessly providing accurate and fast answers to geospatial problems," Blott said.
TATA Communications deals with the mobile connection of 80% of the world's subscribers, covering over 200 countries, according to the press release.
Worldwide, the Geographic Information System (GIS) sector is expected to climb to $4.6 billion by 2030 with Intermap hoping to take advantage of the expansion “by providing its unmatched solutions for telecom network planning," the press release said.