In less than two years, the digital twin of 100 most important cities and towns in the country would have been created to support infrastructure sector-related services, from the Delhi NCR to Solapur in Maharashtra.
In a first-of-its-kind exercise undertaken on this scale, the Mumbai-based geospatial products and solutions firm, Genesys International Corp., claims to offer 3 D immersive imagery of a sizeable part of a rapidly urbanising India.
The 3 D models can be used for a range of services, including improving network coverage and analytics in telecom infrastructure, enabling renewable energy development through urban solar applications, enabling access to low cost EV charging stations, enabling advanced systems for autonomous vehicles and enhancing the speed of delivery in e-commerce. They will help with assessments of disaster management, emergency response, street vending activity, water conservation, and property tax valuation and collection.
Such content is the need of the hour for India, according to the chairman of Genesys, Sajid Malik. Its availability on a single platform will help in urban growth and improve the lives of citizens. The data will be licensed to users through the company's proprietary Genesys platform.
The company has deployed its patented mapping technologies embedded in artificial intelligence AI and machine learning ML, and over 2,000 personnel for remote surveillance using a mix of aerial, mobile and backpack sensors.
The company has spent more than 200 crore on mapping related activities in India.
The term 'digital twin' refers to a virtual representation of the real world, including physical objects, processes, relationships and behaviors. There are technologies available today that can be used to create a digital twin of a person to replicate not only their outer traits but also their inner qualities like personality, emotions, thoughts, and skills to offer predictive insights.
There are different types of data and systems linked by a digital twin to create a single view that can be accessed throughout the entire project life cycle.
This digital twin of urban India will bring about a transformation in map usage in the country, as we would have literally captured every inch of a city. Malik noted that these highly accurate 3D data sets will be a step towards the metaverse, which will be an essential part of the digitalised Indian economy.
Genesys, founded in 1995, has already undertaken similar projects in countries in the Asia-Pacific, Africa and the US. It has successfully completed mapping assignments in strife-torn regions like Ethiopia, Somalia and Afghanistan. It counts majors like Facebook, Microsoft, Motorola, Esri and L&T among its customers.
In India, it has done notable projects for the Border Roads Organisation BRO and the Jaipur Smart City.
The reforms undertaken by the Central Government at the beginning of the year have helped to free up the potential of the country's geospatial economy and have created investor interest. A recent study has estimated that if policy support is maintained at the present levels, the segment could be expanded to Rs 63,100 crore at a CAGR of 12.8 per cent by the year 2025.
On Thursday, the Rs 1,040 crore IPO of CE Infosystems, the parent of the digital mapping player MapmyIndia, was subscribed twice over the Rs 1,000 -- 1,033 price band within a few hours of the market opening.