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Genesys International Innovates India’s Automotive Future with AI Navigation and Advanced Technologies

25 June 20243 mins read by Angel One
Genesys International pioneers AI-powered navigation and advanced automotive technologies, transforming driving experiences and setting new safety standards in India.
Genesys International Innovates India’s Automotive Future with AI Navigation and Advanced Technologies
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On June 23, 2024, Genesys International, a leading mapping company, launched India’s first AI-powered navigation map for cars and other vehicles. This new solution is a significant step forward for the Indian auto industry, ushering in a new age of personalised and smart driving experiences.

Genesys’s new map covers India’s largest drivable road network, 8.3 million kilometres and over 30 million points of interest (POIs). This vast coverage gives drivers accurate and dependable navigation, improving their driving experience.

Genesys has launched five new products to boost the automotive and mobility industries. These products are:

  1. Navigation with Augmented Reality (AR) – It provides AR overlays for better navigation, using real-time data from the car’s dashcam and cameras to guide drivers intuitively.
  2. Navigation with GPT AI Solution – It offers AI-powered route planning, real-time updates, and voice-activated assistance for easy interaction.
  3. Advanced Driver Assistance Systems (ADAS) with Intelligent Speed Assistance (ISA) – This meets Euro NCAP standards and includes features like Lane Departure Warning and Traffic Sign Recognition for safer and more comfortable driving.
  4. Online Marketplace – Integrated into the car’s connected app, car owners can buy various products and services directly from their vehicle, adding convenience and creating new revenue opportunities.
  5. Usage-Based Insurance (UBI) – It tracks how people drive to offer lower insurance premiums for safer driving. This benefits both drivers and insurance companies.

Mr Sajid Malik, the CMD of Genesys International, commented, “With the launch of India’s first AI-powered navigation map by Genesys, we are set to revamp how the Indian geospatial sector operates completely. With features like Intelligent Speed Assistance (ISA) and Advanced Driver Assistance Systems (ADAS), we are setting new benchmarks for safety and convenience on Indian roads.”

He further added, “These technologies will alert drivers to speed limits, recognise traffic signs, assist with lane-keeping, and offer adaptive cruise control. Coupled with this AI-powered map, our 3D Digital Twin shall allow us to produce HD maps that detail every aspect of the road environment, from elevation and road curvatures to lane markings and road signs. This level of detail is crucial for the safe operation of autonomous vehicles, addressing challenges such as poor visibility, urban canyons, and GPS-deprived zones. Looking ahead, we see a future where our maps will be essential in transitioning to autonomous and electric vehicles.”

About Genesys International Corporation Ltd

Genesys International Corporation , founded in 1995, is a leader in advanced mapping, survey, and geospatial services. With a team of over 2000 professionals and extensive experience, it specialises in Geographical Information Systems (GIS) and Geospatial Engineering.

On June 24, 2024, Genesys International Corporation Ltd’s share price opened at ₹634.00, touching the day’s low price of ₹609.35 as of 10:24 AM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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