SAN DIEGO, Dec - Netradyne, a leader in Artificial Intelligence (AI) technology focusing on driver and fleet safety, today announced a global partnership with HYUNDAI MNSOFT, a Hyundai Motor Group subsidiary specializing in location-based services (LBS), cloud-based connected navigation software and future high definition (HD) maps for autonomous vehicles. Each bringing a unique skillset and expertise, this partnership seeks to develop HD maps to drive forward future vehicle technologies.
Grounded in the vision of ensuring our global roadways improve from a safety standpoint, these two organizations will create a strong collaborative environment for their individual artificial intelligence and research and development teams. HYUNDAI MNSOFT will leverage Netradyne's dynamic crowd-sourced deep vision technologies for the development of HD Maps in its next generation vehicles.
"Netradyne's vision-based road feature analytics will allow us to maintain the most technologically advanced HD maps," said Byoungkeun Woo, VP of HYUNDAI MNSOFT. "With this agreement, we will make additional efforts to develop our HD maps for the safety of all autonomous vehicles."
Netradyne has been in a competitive proof of concept (POC) trail with HYUNDAI MNSOFT for close to a year, leveraging its Driveri™ camera to map parts of the United States in high definition. While several competitors have participated in partnerships surrounding Light Detection and Ranging (LIDAR)-based mapping collaborations, Netradyne's differentiated approach ultimately stood out to Hyundai as it relies on crowd-sourced deep vision analytics—a more affordable approach to HD Map generation which ultimately offers feasible dynamic updates.
"After going head-to-head with competitors within the space for nearly a year, Netradyne is looking forward to collaborating with an organization as forward-thinking as HYUNDAI MNSOFT," said Sandeep Pandya, President of Netradyne. "We are proud to have been recognized as a technology leader in the dynamic vision-based HD map data generation, and as a provider of Driveri™, the most advanced aftermarket driver safety monitor and real-time alerting solution."
Driveri™ is a vision-based driver recognition safety program that captures every minute of the driving experience, delivering safety managers a complete view of their driver's day, now including advanced HD Map data capabilities.
"With Driveri™, real-time, edge computing provides immediate updates," explained David Julian, CTO of Netradyne. "Driveri™ mapping leverages a simultaneous localization and mapping (SLAM) approach to crowd-source updates for dynamic events such as accidents, or road construction, in addition to static elements such as lane markings, signs, signals and more."
Close collaboration to develop HD maps globally between the AI research and development (R&D) and product teams at both HYUNDAI MNSOFT and Netradyne is expected to enable safer next-generation vehicles.
"The announcement made between HYUNDAI MNSOFT and Netradyne speaks to the need for advanced AI and AV companies to work together to support advancing driver and fleet safety, location and tracking data and bring intelligent data to those adopting autonomous vehicle technology," said industry analyst, Stephanie Atkinson, CEO of CompassIntel.com and Chair of IoT6 Exchange Summit.
About Netradyne, Inc.
Founded in 2015, Netradyne has technology innovation centers in both San Diego, CA and Bangalore, India where teams are hyper-focused on next generation transportation safety technology. From HD Maps for Autonomous Vehicles to launching a novel driver safety platform for Commercial Vehicles. Grounded in the vision of applying Artificial Intelligence for improving transportation safety, Netradyne delivers a holistic view of the driving environment to fleet owners while serving as their driver's advocate. For more information about Driveri™ or to inquire about commercial vehicle safety tools, please visit www.Netradyne.com.
About HYUNDAI MNSOFT, Inc.
Established in 1998, HYUNDAI MNSOFT, a Hyundai Motor Group subsidiary, is the global provider of embedded navigation and related contents for Hyundai-Kia vehicles. The company is a cloud-based geographic information system (GIS) provider including server-based routing, traffic information, multiple location-based services and other critical contents to Hyundai and Kia customers. HYUNDAI MNSOFT is the exclusive mobile app provider to Hyundai Blue Link and Kia UVO users in Europe, India, and Korea expanding its services globally. HYUNDAI MNSOFT also provides the #1 cloud-based navigation software in Korea, mappy. To learn more, please visit www.hyundai-mnsoft.com.