What is Location Intelligence?

Location intelligence is an emerging trend when it comes to doing business in many different industries. Location intelligence is all about gaining information and insight by mixing geographic data with other business information to help enhance the overall performance of the business. Location intelligence uses geographic information systems, aerial maps, postal code maps, customer demographics, address management and other data management to improve the way business is done. Once a sound location intelligence program is in place, a business can scale down or streamline various processes to increase the bottom line.

Much of the information gathered via location intelligence is referred to as spatial data. Also known as geospatial data, due to its relationship to geography, spatial data concerns features of the landscape. Basically anything that can be mapped falls under the definition of spatial data or geo spatial data. Bodies of water, roads, political boundaries, land use classifications and schools are all included. Location intelligence collects spatial data in real time to create a network of information that a business can use to its advantage.

Canadian businesses can use location intelligence to create a substantial Canadian address database that can help identify new opportunities for both the business and the customer. Identifying new, untapped markets and spotting trends before they happen is one way that many businesses remain as leaders in their industry. Satisfied current customers and a continuous stream of new customers make geospatial data a valuable commodity. Location intelligence isn’t confined to just one industry, as many different local and global organizations can benefit from its use. Accumulating data about every aspect of any industry is what sets some companies ahead of others. And since future trends often have geographic themes, geospatial data management and address management are two keys to getting ahead. Just the ability to target marketing messages by mail so they reach the right customers can lead to big savings for a company over time.

Outside of the business world, location intelligence is used to map data for the military, law enforcement, governments, the transportation industry and environmental concerns. Compiling spatial data is invaluable for identifying wetlands, future conservation areas, archeological sites and future sites of new roads or highways. So much of construction and development is about precise measurements, and location intelligence through a geographic information system tells you everything you need to know.

Accurate geospatial data can literally save lives in military missions, by mapping out the landscape and giving officers a real life look at what type of terrain awaits their soldiers. Location intelligence helps to pinpoint potential hiding spots for the enemy, and lets the troops know the exact distance between certain geographical landmarks so they can plan out every detail of an attack or invasion. Spatial data management also helps local law enforcement and governments identify areas where the crime rate may be higher so they can combat overall crime more effectively. Firefighters can also use location intelligence when responding and forecasting dangerous areas that may be of higher risk for fires.

Where your customers are located matters. Use cutting edgegeocoder tools to improve customer relations and drive revenue.

Where your customers are located matters. Use cutting edgegeocoder tools to improve customer relations and drive revenue.
http://www.dmtispatial.com

Author Bio: Where your customers are located matters. Use cutting edge geocoder tools to improve customer relations and drive revenue.

Category: Business
Keywords: software, computer, technology, business, geospatial, geocoder

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