Ola Cabs launches in-house mapping service, anticipates savings upto Rs 100 crore

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Published July 6, 2024 at 2:34pm

    Ola Cabs has transitioned from using Google Maps

    It now uses its own in-house mapping service, Ola Maps

    This move is expected to save approximately ₹100 crore annually

In a strategic shift aimed at cost reduction and technological independence, Ola Cabs has transitioned from using Google Maps to its own in-house mapping service, Ola Maps. Developed on the OpenStreetMap platform, this change is expected to save the company approximately ₹100 crore annually.

The launch of Ola Maps aligns with Ola’s broader vision to enhance its technological self-reliance. As part of this initiative, Ola has also introduced the Ola Maps API, now available on the Krutrim cloud, offering seamless integration for developers and businesses.

Also read: Rahul Dravid’s response to PM Modi’s enquiry leaves Virat Kohli in splits 

The decision to switch to Ola Maps has sparked varied reactions among users. While some have raised concerns about the accuracy and reliability of the new service compared to the widely trusted Google Maps, others view this as a bold step towards achieving greater control over technological resources and significant cost savings.

Bhavish Aggarwal, CEO of Ola Cabs, highlighted the move as a critical component of the company’s long-term strategy. “By developing Ola Maps, we are not only reducing dependency on external services but also fostering innovation within our ecosystem,” Aggarwal stated.

As Ola continues to roll out its proprietary mapping service, the company remains committed to addressing user feedback and enhancing the performance and accuracy of Ola Maps. This transition marks a significant milestone in Ola’s journey towards technological advancement and financial efficiency.

Ola Cabs launches in-house mapping service, anticipates savings upto Rs 100 crore

https://newsfirstprime.com/wp-content/uploads/2024/07/Ola-Maps.png

    Ola Cabs has transitioned from using Google Maps

    It now uses its own in-house mapping service, Ola Maps

    This move is expected to save approximately ₹100 crore annually

In a strategic shift aimed at cost reduction and technological independence, Ola Cabs has transitioned from using Google Maps to its own in-house mapping service, Ola Maps. Developed on the OpenStreetMap platform, this change is expected to save the company approximately ₹100 crore annually.

The launch of Ola Maps aligns with Ola’s broader vision to enhance its technological self-reliance. As part of this initiative, Ola has also introduced the Ola Maps API, now available on the Krutrim cloud, offering seamless integration for developers and businesses.

Also read: Rahul Dravid’s response to PM Modi’s enquiry leaves Virat Kohli in splits 

The decision to switch to Ola Maps has sparked varied reactions among users. While some have raised concerns about the accuracy and reliability of the new service compared to the widely trusted Google Maps, others view this as a bold step towards achieving greater control over technological resources and significant cost savings.

Bhavish Aggarwal, CEO of Ola Cabs, highlighted the move as a critical component of the company’s long-term strategy. “By developing Ola Maps, we are not only reducing dependency on external services but also fostering innovation within our ecosystem,” Aggarwal stated.

As Ola continues to roll out its proprietary mapping service, the company remains committed to addressing user feedback and enhancing the performance and accuracy of Ola Maps. This transition marks a significant milestone in Ola’s journey towards technological advancement and financial efficiency.

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