The Importance Of Applying Spatial Analytics In Business

Spatial analytics and data science are fueling a transformation in the connected age. Today, more than 2.5 exabytes (2.5 billion gigabytes) of data are generated daily. That is the equivalent of 250,000 times all the reference material available in the US Library of Congress.

Location-based data, which has always been critical to business for uncovering opportunities and increasing productivity, has become exponentially enriched by the variety, breadth, and velocity of data available today. In an era where we are connecting billions of data-producing devices, products, assets and buildings to the Internet, location intelligence—the where factor—is crucial for problem-solving and decision-making capabilities.

Author: Esri


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