Precisely acquires location intelligence firm, Transerve

By on 6 February, 2023

Image courtesy Precisely

Precisely, a data integrity company, has acquired Transerve, a location intelligence and data provider with expertise in spatial data handling, processing and analysis.

Transerve, headquartered in the Goa region of India, provides a cloud-native location intelligence solution and data library with curated datasets, along with a spatial analytics SaaS solution for enterprise and midsize companies.

Transerve utilises AI and ML to make location analysis and data enrichment available to data-centric employees without the need for GIS expertise.

“In the past, deriving insights from location and creating visualisations was the domain of GIS specialists,” said Clarence Hempfield, Senior Vice President of Product Management, Location Intelligence at Precisely.

“With the acquisition of Transerve, Precisely adds new SaaS location intelligence capabilities to its portfolio of data integrity software and data. This allows users, without specialised knowledge or skills, to leverage location data and analytics and derive new insights about their business.”

“We’ve been on a mission to make spatial data easier to access, understand and take action on for businesses,” said Ashwanii Rawat, CEO and Co-Founder of Transerve.

“We’re delighted to be joining Precisely who shares this passion for location intelligence and bringing the power of location data to everyday data roles to make an impact for the companies we serve and broaden our impact in the market.”

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