Company
Date Published
Author
Gary Orenstein
Word count
555
Language
English
Hacker News points
None

Summary

The largest German automakers, including Audi, BMW, and Daimler (Mercedes), have purchased Nokia's Here mapping unit for $3 billion, marking a significant shift in the battle between public and private companies to shore up mapping data and geo-savvy engineering talent. The rise of mobile devices has given birth to a new geographic landscape where location meets commerce, with maps playing a critical role in applications like Uber and Airbnb. Custom map providers like Mapbox have emerged to handle mapping applications for various companies, benefiting from open-source mapping data like Open Street Maps. Investment in the Internet of Things is creating a perfect storm of geolocation information, requiring analytics infrastructure with geospatial intelligence to realize its value. Companies are developing in-memory databases that combine spatial processing and analytics capabilities, enabling delivery of app-specific maps with unprecedented consumer interaction. Improvements in interior mapping technology guarantee location-specific details down to meters, making maps a secret weapon for delivering breakout application experiences.