Hyderabad, Nov 10
THE geographical information services (GIS) and spatial management market is set to expand rapidly in India presenting an opportunity to work with Government, defence and space agencies, according to Mr Halsey Wise, President and Chief Executive Officer of Intergraph Corporation.
Mr Wise, while interacting at a CEO Forum organised by the Nasscom here today, said that GIS has become mainstream for businesses helping extract information from unreliable data using 3D imaging and modelling technologies.
Mr Wise said that Intergraph is engaged in many projects in India, including defence and nuclear establishments, for the past 20 years.
Some of the most critical global installations around the world use Intergraph technology solutions that help organise unorganised data and making it meaningful. This in turn helps power utilities, transport companies such as German Rail, Swiss Rail, and even nuclear establishments in designing and managing their assets.
Intergraph is a Nasdaq-listed $580 million revenue company with a market capitalisation of about $1.5 billion. While about 50 per cent of the company's total revenues come from the US, the Asia Pacific revenues are on the upsurge driven by the growth in China and India.
Citing the case of management of airports and designing nuclear plants, Mr Wise said for instance India is planning about 13 nuclear plants. Through spatial technologies, it would be possible to design them through modelling technologies. Apart from business applications, tracking changes in forestry, biodiversity, spatial technologies come in handy.
For instance, in the telecom sector, as companies seek to offer location based services, these technologies would be able to provide the right information to people on their mobile devices.
The Chairman and Managing Director of Infotech Enterprises, a GIS company, Mr B.V.R. Mohan Reddy, said that the GIS industry in India is coming of age. Recently, maps have been liberated, which will present us with an opportunity in terms of map creation. Earlier, the policy framework was not clear.
Companies in the GIS and spatial applications have opportunity to tap the content creation market.
Given the importance to create a disaster management system, the Indian Government will also become an important consumer of GIS and spatial related information, Mr Reddy said.