Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Location Matters
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > Location Matters
Uncategorized

Location Matters

DarrylMcDonald
DarrylMcDonald
5 Min Read
SHARE

I was listening to NPR’s Talk of the Nation a few weeks ago and heard a fascinating discussion with Eric Dezenhall, a crisis management expert, about how companies can successfully navigate crises that threaten their public image (Feb. 4, 2010).

 

Dezenhall made an excellent point about the position in which organizations find themselves when something goes wrong. He said that the first order of business – and the greatest challenge – is determining how widespread a problem is. Does it affect a single store or an entire region? Is there one unhappy customer or are there hundreds of them? Does the problem affect a single component or an entire product line? And where in the supply chain or manufacturing process did the problem occur?

More Read

World’s Smallest LED Is a Single Molecule
MIT’s Information Quality Industry Symposium
Three Seconds
Writing Use Cases for Effective eMarketing
Qlik Sense Makes Sense for Qlik

Without quick, clear answers to these questions, companies have to guess at how best to respond, and sometimes, they guess wrong and never recover. These days, businesses can’t afford to guess; they have to know. Pinpoint_Opps

 

That’s where “location intelligence” comes in. The context of geospatial data, itself, is nothing new, nor is the idea that this data holds tremendous potential. What is new is that business intelligence technology…

I was listening to NPR’s Talk of the Nation a few weeks ago and heard a fascinating discussion with Eric Dezenhall, a crisis management expert, about how companies can successfully navigate crises that threaten their public image (Feb. 4, 2010).

 

Dezenhall made an excellent point about the position in which organizations find themselves when something goes wrong. He said that the first order of business – and the greatest challenge – is determining how widespread a problem is. Does it affect a single store or an entire region? Is there one unhappy customer or are there hundreds of them? Does the problem affect a single component or an entire product line? And where in the supply chain or manufacturing process did the problem occur?

Without quick, clear answers to these questions, companies have to guess at how best to respond, and sometimes, they guess wrong and never recover. These days, businesses can’t afford to guess; they have to know. Pinpoint_Opps

 

That’s where “location intelligence” comes in. The context of geospatial data, itself, is nothing new, nor is the idea that this data holds tremendous potential. What is new is that business intelligence technology has finally advanced to the point where geographic-oriented data that already exists in organizations can be effectively accessed, analyzed and acted upon.

I believe without a doubt that location intelligence is the answer to the challenge Dezenhall described and to some of the greatest challenges that businesses face today. An organization that actively studies geospatial data in the context of its business interests is well positioned to answer the questions he posed, not just in response to a public crisis but perhaps to prevent the crisis from ever happening in the first place.

Moving forward, I don’t think companies will have the option of choosing whether or not to embark on a location intelligence initiative. Either they will jump in and start seeing results, or they will stand back and watch others pass them by.

Michael Gonzales, managing partner of DSS42 LLC, an industry research company specializing in strategy and architecture, was quoted in the Q1 issue of Teradata Magazine as saying, “If you’re not at least at the start of a spatial perspective in your data warehouse, then you’re behind. In the next two to three years, it will be difficult to remain competitive without some spatial perspective.”

Time—and competitors—wait for no one. So go ahead and check out that article to start exploring how location intelligence can transform your business.

 

Darryl

TAGGED:location intelligence
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive
mobile device farm
How Mobile Device Farms Strengthen Big Data Workflows
Big Data Exclusive
composable analytics
How Composable Analytics Unlocks Modular Agility for Data Teams
Analytics Big Data Exclusive
fintech startups
Why Fintech Start-Ups Struggle To Secure The Funding They Need
Infographic News

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Location Intelligence and Mobile BI: Advancing Customer Relations in the Finance and Banking Sector

8 Min Read

Location Intelligence and Mobile BI: Advancing Data Analysis in Retail

5 Min Read

Location Intelligence and Mobile BI: Advancing the ‘where’ in mining and exploration

7 Min Read

New Generation of Location Analytics

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?