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Our Points
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Wednesday, January 10. 2007
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Paying to be On the Map
This has been coming for a while, though I was unclear on how it would be done. This somewhat cryptic press release from NAVTEQ last November was the first I saw of it: "New Service Allows Merchants to Directly Access the Widely Used NAVTEQ® Map." It announced
a new service called NAVTEQ Direct Access™ that allows retailers to accurately and comprehensively include all their locations in the NAVTEQ® digital map used by millions of location-enabled consumers around the world every day.
Now, these deals are making the business pages:
Bank of America Corp., metro Orlando's second-largest financial institution, hired Tele Atlas to make branch locations available via automobile navigation systems and mobile and wireless global positioning devices.
Financial terms of the agreement weren't disclosed.
[Disclosure: I am a contractor for Tele Atlas.]
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