PG Slots Fervent Technologies https://ferventechnologies.com Fervent Technologies Fri, 27 Nov 2020 20:56:53 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.11 https://ferventechnologies.com/wp-content/uploads/2020/10/ft-favicon.png Fervent Technologies https://ferventechnologies.com 32 32 Super Technology – Big Data and GIS https://ferventechnologies.com/super-technology-big-data-and-gis/ https://ferventechnologies.com/super-technology-big-data-and-gis/#respond Fri, 27 Nov 2020 20:48:01 +0000 https://ferventechnologies.com/?p=3256 The time has finally come. You’ve poured your blood, sweat, and tears into your most recent content piece, and it’s ready to be packaged up and sent to the client to be pushed live. After a few final checks and only...

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The global geospatial data analytics market is set for considerable growth, increasing from a projected $69.9 billion in 2018 to $88.3 billion in 2020. For context, revenue from geospatial analytics in 2018 is comparable to the global Software-as-a-Service market ($73.6 billion), which is far more mature and encompasses a much larger variety of software. Below are three disciplinary snapshots and how each might use big data in GIS as the technology and organizational understanding of analytics becomes more sophisticated.

GIS and Big Data Empower Humanitarian Projects

The United Nation’s Sustainable Development Goals (SDGs) represent a framework for achieving a “better and more sustainable future for all.” Technology advancements—including the Internet of Things, open data platforms, crowdsourced spatial data and the evolution of big data technology — have contributed to an incredibly vast amount of information being available that can help countries achieve the UN’s SDGs.

For example, DigitalGlobe, an organization that sources satellite data and integrates it with other sources like social media sentiment and aerial imagery, leverages a GIS machine learning algorithm to track activity in specific locations and identify anomalies.

The issues that DigitalGlobe helps to solve range from global poverty to child trafficking to disaster response. But the common theme in all its efforts Is that the volume of data working behind the scenes is vast. According to DigitalGlobe regional director Abhineet Jain, the organization collects approximately 80 gigabytes of data daily; as of January 2018, the organization had collected close to 100 petabytes of data total, or the equivalent amount of data to roughly 100 million hours of Netflix video streaming (only 33 million hours if you stream in HD).

Geospatial Data Analytics in Marketing

One of the most common uses for geospatial analytics in marketing has been in prospect or customer segmentation. Brands like Under Armour, for example, can use the data from fitness trackers to segment their audiences based on their level of physical activity and deliver timely promotions based on an individual’s level of engagement with fitness and the Under Armour brand.

As spatial data from disparate sources become more tightly integrated, however, marketers’ usage of geospatial analytics will become more complex. As an example, one area of increasing interest has been in tracking brand perception in individual regions using social media. For a brand like Under Armour, integrating this type of information with insights from their fitness tracking data could yield to better targeted messaging— such as by addressing a common customer frustration or aligning the way they talk about their products with the way customers actually use and feel about them.

Financial Services Firms Use Big Data and GIS for Business Intelligence

One of the most common uses for GIS in the banking industry has been in determining which branches to consolidate. However, GIS and big data are increasingly used together to address more complex issues. In the insurance industry, overlaying weather data with claim data, for example, can help companies detect possible instances of fraud.

Along with telecommunications companies and government, financial services firms are leading when it comes to using GIS and business intelligence tools together. For the financial sector, geospatial big data is playing a role in creating a boom of startup companies. Many of the financial startups in this area have been marketing themselves for their ability to leverage non-traditional data sources, such as satellite imagery, for determining the potential risk of offering insurance or a loan. For example, satellite imagery over a span of time could better predict a property’s risk of flooding for determining insurance rates.

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Advancement in GIS https://ferventechnologies.com/66-sources-of-content-inspiration/ https://ferventechnologies.com/66-sources-of-content-inspiration/#respond Fri, 16 Nov 2018 07:10:07 +0000 https://seofy.wgl-demo.net/?p=8 The time has finally come. You’ve poured your blood, sweat, and tears into your most recent content piece, and it’s ready to be packaged up and sent to the client to be pushed live. After a few final checks and only...

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Government agencies, non-profit organizations and private companies all benefit from innovations in Geographic Information Science (GIS). Researchers and entrepreneurs have found a variety of creative ways to use GIS to advance business and technology. The latest GIS technology developments make way for new applications and for the convergence of GIS with other emerging tools.

The evolution of GIS is far from over, with exciting new software and methods continuing to change the way people utilize this technology. Let’s take a look at three of the most promising recent trends in GIS:

REAL-TIME DATA

The ability to collect and analyze data in real-time brought GIS to a whole new level. This development improved research processes and mapping systems, but real-time geospatial data can benefit consumers, too.

Location-based services like Uber are among the most common uses for up-to-the-minute geographic information. Consumers can track where their drivers are and how long it’ll take them to arrive. The app also employs real-time data to match users with the closest ride and directs drivers to hot spots based on the frequency of ride requests.Real-time geospatial intelligence can also be an effective way to track developments during natural disasters. Analysis of everything from shifting weather patterns to social media posts highlight locations in urgent need of relief efforts. Emergency management services use GIS platforms to generate crisis maps based on a combination of:

  • Satellite imagery
  • Remote sensor readings
  • Statistical models
  • Crowdsourced data

When facing time-sensitive decisions, it’s important to have the most relevant and accurate data. Robust geographic information is a boon to organizations and individuals striving to make well-informed decisions, and ongoing refinements to real-time data analysis are vital to the future of GIS.

CONSUMER-FACING INFORMATION

Geospatial data has helped companies in a wide range of industries streamline their operations by providing greater visibility into key assets and guiding more efficient supply chains. But everyday consumers can also take advantage of current trends in GIS. Some of the latest GIS technology has brought consumer-facing data to the forefront, empowering smart decisions in many areas.

Consider homebuying: A house might be in your price range, but the neighbourhood can make all the difference in whether it’s the right choice for your family. That’s why real estate apps now use GIS platforms to give prospective homebuyers insights into the areas they’re considering. Dozens of map layers let users review details like distance to various amenities, school district information and more. People aren’t just looking at photos on home search websites anymore; they’re scouring details about what it feels like to live in an area. The health and wellness industry underwent a major shift in recent years with many consumers applying data to manage their own lifestyles. Wearable technology lets individuals track their heart rate, steps, sleep patterns and the paths they follow when running or walking. With geospatial information, personal fitness goals become more attainable, and these advances have even made a mark in college and professional sports: Coaches can factor the personal data from players’ GPS-enabled wearables into their strategic decisions, snagging victory while minimizing the chance for injury.

ARTIFICIAL INTELLIGENCE

Artificial intelligence is another rapidly evolving technology that has been applied to GIS projects in recent years. One important application for GeoAI is in planning urban infrastructure and tracking changes in an area over time.

For example, researchers in Los Angeles wanted to know how land use and roadways impacted air pollution and, in turn, how pollution would affect health in local residents. GIS helped them analyze traffic patterns over different times of day in relation to the concentration of harmful particles in the air. By using this information to predict when pollution levels would become dangerous, the city could issue warnings as early as possible. In another project that utilized GeoAI, Kuwaiti government officials wanted to make it easier for citizens to find the products and services they needed by using an application. Like many big cities, traffic congestion was a major obstacle, and the government wanted to be able to tell users what road conditions were like at any given time. The application gave users the ability to share whether they were seeing heavy, moderate or light traffic, which helped the researchers identify traffic patterns. When there was heavy traffic on one route, the application would deliver directions to avoid traffic jams. The application initially relied on user input and manual updates to identify traffic, requiring constant adjustments to the machine learning algorithm. With the introduction of GeoAI, the application gained a deeper understanding of traffic conditions and greater predictive capabilities, which in turn led to more useful driving instructions.

GeoAI is still evolving and has the potential to be one of the future trends in GIS that makes the biggest impact on daily life. In addition to land use and infrastructure analysis, GeoAI can also be applied to health systems, agriculture and many more industries.

 

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