Chicago, USA, 8 November 2006 – NAVTEQ, a provider of digital maps for vehicle navigation and location-based solutions, has announced the availability of NAVTEQ Parcel Boundaries, a collection of property boundaries encompassing over 50% of the US population. The parcel boundaries have been assimilated and standardized, enabling use across a wide spectrum of industries while greatly improving decision criteria for land related visualization, analysis, and reporting. NAVTEQ Parcel Boundaries makes available comprehensive packaged database of parcel geometry.
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.
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.
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.
– About NAVTEQ
NAVTEQ is a provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions. The Chicago-based company was founded in 1985 and has approximately 2,000 employees located in 139 offices in 25 countries.