Press Release Summary:
Encompassing over 50% of US population, NAVTEQ Parcel Boundaries(TM) optimize decision criteria for land-related visualization, analysis, and reporting. Spatial and visual representation of land assets enables understanding of land ownership and property distribution. Available for broad spectrum of industries, databases facilitate retail site selection, real estate search and visualization, insurance risk determination, and infrastructure planning.
Original Press Release:
NAVTEQ Parcel Boundaries(TM) Now Available
Includes 55 Million Boundaries Covering Over 50% of US Population
CHICAGO, Nov. 8 -- NAVTEQ (NYSE:NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, is announcing the availability of NAVTEQ Parcel Boundaries(TM), a collection of property boundaries encompassing over 50% of the US population. Never before have parcel boundaries been assimilated and standardized to the extent NAVTEQ Parcel Boundaries have, enabling use across a wide spectrum of industries while greatly improving decision criteria for land related visualization, analysis, and reporting.
NAVTEQ Parcel Boundaries represent the most comprehensive packaged database of parcel geometry available. "NAVTEQ hopes to provide a consolidated, one-stop source for parcel boundaries," said Roy Kolstad, Vice President and General Manager - Business and Government Solutions, NAVTEQ. "We feel this product offers spatial technologies a whole new dimension of information -- from real estate and business intelligence support to spatial visualization and analysis, parcel boundaries have broad application possibilities."
A spatial and visual representation of land assets enables a deeper understanding of the land ownership and property distribution. "Parcel Boundaries can provide a new perspective on a map, it's like using an x-ray on a landscape -- revealing new opportunities for visualization, reporting and analyzing land interests," said Doug Kolom, Product Marketing Manager. "An Insurer, for instance, can use NAVTEQ Parcel Boundaries to more realistically assess the risk of the homes within a flood plain; a boundary will reveal which part of the property is at risk, allowing for adjustments in risk coverage. Innovative application developers understand and know the potential parcel data offers; I expect to see new, value added spatial applications in the near future."
NAVTEQ Parcel Boundaries are available for a broad spectrum of industry and use cases; such as, retail site selection, real estate search and visualization, insurance risk determination, and infrastructure planning, to name a few.
NAVTEQ Parcel Boundaries are available today.
NAVTEQ is a leading provider of comprehensive digital map information for spatial applications in government and business solutions, automotive navigation systems, mobile navigation devices, and Internet-based mapping applications. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 2,100 employees located in 139 offices in 25 countries.
Web site: http://www.navteq.com/