129 views

Grab rolls out mapping service for enterprises

GrabMaps has a 4x lower error rate than a leading third-party mapping provider.

Grab's in-house mapping services, GrabMaps, will now be available to enterprises as a service.

With the rollout of GrabMaps, Grab will be able to tap into the US$1b market opportunity in Southeast Asia per year for mapping and location-based services.

READ MORE: Grab unveils new financial brand GrabFin

GrabMaps has more than 33 million points of interest (POI) and point addresses in Southeast Asia. It also has high-resolution street-level imagery that provides wide to 360-degree views from positions along roads.

Based on Grab's study, GrabMaps also had a 4x lower error rate and 10x lower latency when compared to a leading third-party mapping provider.
 
Before its rollout to enterprises, GrabMaps was used to address Grab's need for a "more hyperlocal solution to power its services."

GrabMaps powers more than 800 billion application programming interface calls per month across a variety of the company's 
services
 
Currently, GrabMaps provides location-based intelligence and services to all Grab verticals in seven out of the eight countries it operates.

By the third quarter of 2022, Grab expects to be fully sufficient with GrabMaps.

READ MORE: Grab obtains Data Protection Trustmark certification from IMDA

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!