Poor quality address data costs businesses billions annually, whether due to returned mail from an expensive marketing campaign, or errors in the "last mile" of delivery costing time and petrol for logistics businesses.
As importantly, adding accurate longitude and latitude coordinates to a previously unstructured address enables accurate planning and additional cost saving.
For example, an accurate understanding of customer's location on a map can allow organisations to optimise the locations of service depots such as schools, bank branches or retail shops; accurately place infrastructure such as cell phone masts, electricity points or delivery depots.
The optimal placement of these resources can reduce the requirement in certain areas - cutting unnecessary costs while ensuring customer services are still delivered as required.
For logistics and service organisations spatial data enables better route planning and reduced errors at the "last mile" of service - saving time and money.
Properties can be plotted on a map and overlaid with risk information such as flood or crime levels for the area. This helps to protect assets and can be used to manage credit or insurance risk.
For more information on how we can add value to your industry vertical please contact us.