PTV Group joins the Overture Maps Foundation to help build a new collaborative standard for open map data
Karlsruhe 17 May 2023. PTV Group, the global market leader for mobility modeling and simulation software, has joined the Overture Maps Foundation. The mission of the nonprofit organization, which was founded by TomTom, Microsoft, Amazon Web Services, and Meta in December 2022, is to create a new standard for open map data. PTV will support the collaboration with its expertise in multimodal modeling and simulation, as well as map development and mobility data.
In an increasingly digital and automated world, high-accuracy and high-fidelity geospatial data is critical in understanding the physical environment and in building innovative technologies and map solutions. This especially applies to the mobility sector, where reliable data is the base to analyze, plan and manage transportation networks. Overture aims to create a comprehensive, accurate, and extensible real-world map data set that is available for developers under an open data license and can be extended through commercial additions. Members will therefore combine their resources, data, and technology. With more than 40 years of experience in multimodal and multiresolution network modelling and simulation for transportation planning and engineering, PTV will contribute its experience in the data modeling of map data and the development of smart technologies. The software provider will also join the Schema Working Group to advise on the data schema for comprehensive, accurate, and extensible real-world map data.
“I’m delighted that PTV Group, as part of Umovity, has been welcomed as member of Overture. As in music, where the overture marks the opening of a symphony, I am convinced that something great – new standard for map data – will emerge from the interplay of the Overture partners,” said Christian U. Haas, CEO of PTV Group. “Reliable data is the foundation of our daily work. Overture’s open map data will accelerate and simplify the building of relevant transportation models and simulations and thus drive transportation investment and policy decisions for a greener and smarter future.”
PTV. Empowering mobility.
PTV Group takes a holistic approach that integrates all aspects of traffic, transport and logistics to create and promote sustainable mobility. The PTV Group provides software solutions and consulting services to empower mobility and transport for a cleaner and smarter future. Its best-in-class software for intelligent traffic management and transport optimization enables decision-makers in politics, cities, industry, and trade save time and money, make roads safer, and protect the environment. PTV’s software simulate and demonstrate today how tomorrow’s mobility, with all its ecosystems and dimensions, can be realized – from strategic transport planning to micromobility for the first/last mile.
The company was established in 1979. Today, approximately 900 employees worldwide work on future-oriented solutions to create intelligent and eco-friendly mobility for everyone.