ETtechRide-hailing company Ola Cabs has entirely shifted to using its in-house online maps called Ola Maps, cofounder Bhavish Aggarwal said on Friday.
“We used to spend ₹100 cr a year but we’ve made that 0 this month by moving completely to our in house Ola maps! Check your Ola app and update if needed,” Aggarwal wrote in a post on microblogging platform X.
The firm is working on adding features like street view, neural radiance fields (NERFs), indoor images, 3D maps and drone maps to Ola Maps, Aggarwal said. Cloud services provided by sister firm Krutrim AI will also have application programming interface (APIs) for Ola Maps, he added. API is a type of software interface used by two or more computer programmes or components to communicate with each other.
The shift to Ola Maps follows Ola’s decision to move its IT workload from Microsoft’s Azure to Krutrim’s cloud, as ET had reported on May 11. Aggarwal had said the move was in response to Microsoft’s professional networking unit LinkedIn pulling down a post where Aggarwal had termed usage of the pronoun ‘they’ an “illness” that fell afoul of LinkedIn’s community policies.
The decision comes just days after Krutrim AI, also founded by Aggarwal, opened up its cloud infrastructure and cloud services for business. Krutrim Cloud offers GPU-as-a-service on its AI computing infrastructure, allowing enterprises and developers to train and fine-tune their models.
For Azure, Ola’s departure would mean a daily revenue loss of Rs 5-25 lakh, while for AWS, it would range between Rs 30 lakh and Rs 40 lakh, ET had reported at the time. However, the shift is unlikely to have a major impact on the two firms, which have collectively amassed a 40% market share in the $8.3-billion public cloud market in India.
On June 28, Aggarwal announced prices for Krutrim AI’s cloud GPUs on demand, starting at Rs 105 per hour to more than Rs 1,160 per hour, depending on the types of GPU being used.
“We used to spend ₹100 cr a year but we’ve made that 0 this month by moving completely to our in house Ola maps! Check your Ola app and update if needed,” Aggarwal wrote in a post on microblogging platform X.
The firm is working on adding features like street view, neural radiance fields (NERFs), indoor images, 3D maps and drone maps to Ola Maps, Aggarwal said. Cloud services provided by sister firm Krutrim AI will also have application programming interface (APIs) for Ola Maps, he added. API is a type of software interface used by two or more computer programmes or components to communicate with each other.
The shift to Ola Maps follows Ola’s decision to move its IT workload from Microsoft’s Azure to Krutrim’s cloud, as ET had reported on May 11. Aggarwal had said the move was in response to Microsoft’s professional networking unit LinkedIn pulling down a post where Aggarwal had termed usage of the pronoun ‘they’ an “illness” that fell afoul of LinkedIn’s community policies.
The decision comes just days after Krutrim AI, also founded by Aggarwal, opened up its cloud infrastructure and cloud services for business. Krutrim Cloud offers GPU-as-a-service on its AI computing infrastructure, allowing enterprises and developers to train and fine-tune their models.
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For Azure, Ola’s departure would mean a daily revenue loss of Rs 5-25 lakh, while for AWS, it would range between Rs 30 lakh and Rs 40 lakh, ET had reported at the time. However, the shift is unlikely to have a major impact on the two firms, which have collectively amassed a 40% market share in the $8.3-billion public cloud market in India.
On June 28, Aggarwal announced prices for Krutrim AI’s cloud GPUs on demand, starting at Rs 105 per hour to more than Rs 1,160 per hour, depending on the types of GPU being used.
( Originally published on Jul 05, 2024 )
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