3DP 1.67% 3.1¢ pointerra limited

Ann: Pointerra Corporate Presentation, page-6

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    Some of you may already be aware, but this further cements the relationship:

    https://hotcopper.com.au/data/attachments/1785/1785045-600eadbcf064d293a88e229050519075.jpg


    Pointerra is working with Here Technologies!
    https://www.here.com/


    The below extract is from Wikipedia:
    https://en.wikipedia.org/wiki/Here_(company)

    "Here Technologies (trading as HERE) is a company that provides mapping and location data and related services to individuals and companies. It is majority-owned by a consortium of German automotive companies (namely Audi, BMW, and Daimler), whilst other companies also own minority stakes. Its roots date back to U.S.-based Navteq in 1985, which was acquired by Finland-based Nokia in 2007. Here is currently based in Amsterdam.

    Here captures location content such as road networks, buildings, parks and traffic patterns. It then sells or licenses that mapping content, along with map related navigation and location services to other businesses such as Alpine, Garmin, BMW, Oracle and Amazon.com. In addition, Here provides platform services to smartphones. It provides location services through its own Here applications, and also for GIS and government clients and other providers, such as Bing, Facebook and Yahoo! Maps. Here has maps of nearly 200 countries, offers voice guided navigation in 94 countries, provides live traffic information in 33 countries and has indoor maps available for about 49,000 unique buildings in 45 countries. The company is also working on self-driving technology."


    ?temp_hash=b27f26e15372d6f351a6d0b1dc4dd568


    Here is working on "self driving technology". That sounds like "emerging disruptive tech".


    I am now assuming that Pointerra's first ADAS Enterprise Sale was to Here Technologies.


    Enterprise Sales Update – Multiple International Enterprise Sales (31 October 2018)
    https://www.asx.com.au/asxpdf/20181031/pdf/43ztkcfrmb8xrh.pdf

    "ADAS Sector
    The ADAS enterprise sale represents the first application of Pointerra’s unique proprietary data structure technology to support 3D mapping for the autonomous driving industry, an emerging high-growth sector that is forecast to grow to around US$16.8 billion by 2025. (source:Statista.Com)

    Pointerra has successfully converted a proof of concept trial into an enterprise DaaS agreement with one of North America’s leading mobile mapping companies, which provides production mapping software for the Autonomous Driving industry.

    This new ADAS customer will be using Pointerra’s cloud platform and application development environment to undertake feature extraction and data analytics from its own mobile mapping 3D data as part of its internal production process, at a level of scale and efficiency not possible with its existing legacy platform.

    The customer is commencing on a US$9,000 per month DaaS subscription (A$12,500 per month at the current exchange rate), which is expected to grow materially (by at least 2x) during the coming 12 months as the customer scales up their mobile mapping 3D data acquisition activities throughout the US and Canada."


    Sure, Here's headquarters is in the Netherlands, but they are in North America as well:

    Mapping tech company Here Technologies names Chicago its HQ for the Americas
    https://www.chicagotribune.com/business/ct-biz-here-technologies-chicago-headquarters-20180917-story.html

    New paths ahead: HERE’s reopened American HQ has room for 1,400 employees
    https://www.builtinchicago.org/2018/09/18/here-technologies-american-headquarters
    Last edited by glutenfree: 23/10/19
 
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