Events – Location Data

The Power of Location Data

The Power of Location Data

March 2023

Location Data is integral to the technological advancements of many industries.

Location technologies (both indoor and out) are spurring the evolution of rapid digital transformation and innovative new solutions across almost every part of daily life.

These systems rely on three main location data sources:

Geographic information systems (GIS) which use a variety of types of location-based data to build 3D visualizations and maps
Indoor positioning systems (IPS) that find and track people or things indoors using a range of different technologies
Internet of Things (IoT) devices (like beacons, sensors, etc.), which provide data to inform GIS and IPS systems

Location Data Scotland’s webinar, The Power of Location Data on Tuesday 30th March, will provide a case study of Scottish technology company Vahanomy Ltd discussing the importance of accessing rich data for their technology and the partnership they have formed with the Improvement Service to access datasets via their Spatial Hub.

Register below for this event to uncover a rich library of data sources and form partnerships with key data providers generating data and others looking to source data.

With the global geospatial market forecasted to be $681 billion in 2025 according to Geobuiz, we have seen data become exponentially richer over the last 5-10 years. The market is estimated to grow at a much faster rate post-2025, making it $1.44 trillion by 2030; this is largely being driven by strategic public policy reforms, increased government investment, the increased role of national geospatial agencies as well as industry acceleration strategies and innovation in the digital twin and metaverse paradigm.*

*Source: Location Data Scotland Market Intelligence Report

EVENT DETAILS

DDK Positioning’s journey from idea to commercialisation

October 2021

Our recent event ‘Where’s the Value in Location Data’ told the journey of DDK Positioning, an Aberdeen based organisation who provide GNSS Precise Point Positioning Services globally to make position more accurate.

Simon Canning, Operations Director at DDK Positioning shared his insights at the event, highlighting how they developed the idea, secured several rounds of funding, built the solution and selected their route to market using Value Added Resellers as that provided them with a global sales team of around 1000 individuals and gave access to an already significant ecosystem of customers.

Simon also provided 3 key lessons learned from their journey so far:

It’s important to strike a balance. Your product doesn’t have to be 100% perfect before it is released, so strike a balance between the minimum viable product and polishing the diamond!
Stay Focused. Don’t get distracted by other opportunities that will take the business focus away from the key products/markets you want to focus on.
Make sure you leave a realistic amount of time for each stage in the process and build this into your development/delivery time

If you missed this event, catch up on Simon’s presentation on YouTube here.

We also had a really engaging networking session as part of the event. Anne Robertson, Head of Services and User Engagement, EDINA, The University of Edinburgh commented,

“Location Data Scotland’s recent event had a dedicated networking session where attendees had the opportunity to meet other individuals at the event in break-out rooms. This was a great opportunity to find out about what others in the sector are doing and to hear about some of the really interesting, innovative products and services utilising and/or generating location data. With the return of physical events still unsure, it is important to have virtual networking events such as these to build communities and help organisations collaborate.”