-14.40 (-4.04%) Genesys International Corporation has filed for the registration of two new patents of technologies and processes developed based on their extensive geospatial work executed over the years.
The first patent provides a unique 3-dimensional code, which will help pinpoint the exact location of a given object on the 3D map enabling improved accuracy in last-mile delivery of ecommerce companies. It will also help the BFSI sector in getting the accurate location of addresses and properties. The usage of this process will also assist public utility companies in managing their assets more efficiently and accurately
The second patent involves automatic extraction of the street furniture’s from Panoramic imagery and LiDAR data acquired from the terrestrial mobile mapping systems. This will help in identifying ground assets and features like electric poles, telecom tower, tree types, shop names from the street corridor which will save huge amount of time and effort involved in physical visits and surveys. This will help utility companies and urban governance bodies. This will also be of huge importance in creating HD Maps required for autonomous driving.
Genesys International is an advanced mapping solutions company. With state-of-the-art infrastructure and a growing list of Fortune 500 and SME clients, it is well-positioned to play a significant role in the global GIS and Geospatial industry.