Understanding the Prime Location Intelligence Trends of This Year

 

In an era of digitalization, companies focus on implementing advanced strategies to deliver accurate services & exceed customer expectations. Emerging technologies like machine learning, artificial intelligence, IoT, and deep learning will deliver new frameworks.

These newer tech trends sooner or later will cater to the industry requirements when working in sync with the location. This is where the prompt emergence of location intelligence software and updates enables the confluence of analytics and GIS.

Real-Time Streaming of Data

The availability of sensor and location data through IoT is soon to enable analytics & render of real-time data. The prospects of real-time data streaming are gaining momentum. It includes gaining real-time data from a range of sources.

The combination of a multitude of streams for getting information & classifying patterns doesn’t have an alternative. With this, the integration will happen at an advanced level of streaming.

Embedding location elements and geo-data into data-sets needs standardization and it’s a domain which this industry lacks. There is an innumerable number of reports concerning this, but nothing has happened concrete.

When it’s about the location’s accuracy and reliability, the demands of consumers are outpacing the technological capacities of this industry.

Automated Mobility

Location stays at the heart of this automotive industry, with automated vehicles blaring car horns in your neighborhood.  Autonomous cars would require real-time mapping based on exact locations.

Autonomous vehicles depend on data-driven mapping services. The map updates real-time information & also includes the latest pieces of information concerning the surroundings.  These maps analyze information by gathering them in real-time from crowd-sourced updates.

For example, if there’s one roadblock notification or road conditions in some parts of your town, maps get updated accordingly.

Mapping Indoors

Did you know that the indoor location worldwide touched an estimation of $5.22 in 2016? As per the latest news and reports, it’s going to increase by the end of the next year.

But indoor mapping is impossible without a precise location. It blends in the power of precise mapping and GPS to places where people spend 70% of the time (indoor!).

Indoor position services offer real-time daylight transportation tracking on objects or people who use sensory information from automated devices.

Wrapping up

An upsurge in data quality gets linked to an increase in its efficiency. It underscores the complexities of precise location data. The data’s democratization would offer impetus to trendier innovations in an array of sectors. Get a more detailed outline by consulting the knowledgeable team at AirSage.