In this Research Note, we examine MapsPeople, a Danish public company providing indoor mapping and navigation software. This analysis, covering their latest financial results, Go-to-Market strategy and 2023 guidance, is based on press releases, investor presentations and their 2022 Annual Report. This article updates our previous analysis of August 2022. MapsPeople is a SaaS company based in Nørresundby, Denmark with offices in Germany, US and Singapore. Specializing in developing and implementing the MapsIndoors dynamic mapping platform, MapsPeople provides the solution for handling both basic wayfinding and navigation in large building complexes, as well as optimizing the utilization of indoor spaces through smart integrations. Founded in 1997, mapping was and continues to be the core of the business. MapsIndoors consists of software development kits (SDKs) for any platform, APIs, and a content management system (CMS). The software is currently running in more than 40 different countries. The platform helps large corporate offices to optimize resource utilization, […]
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