Geospatial Data Services
GIS industry trends and applications
Geospatial information and technology solutions are underpinning economic growth and business development with their data-centric approach. However, large data collected from different sources need efficient handling and analysis tools. Emerging businesses, established organisations, entrepreneurs, and individual professionals will have greater geospatial information access and handling to meet evolving user requirements over the next few years.*
Sources of data collection include AI, mobile data through remote sensor technology, satellite imagery, internet of things (IoT), crowdsourcing, statistical models, and social media. This also calls for more impetus on ethical principles and solutions, privacy, and cyber security.
Here are the five factors and trends that will set the future of geospatial technology:
- Industry structural shift: There is a significant structural shift in the industry towards gathering and processing a large amount of data from multiple channels. This requires collaboration among data providers and users. For example, data collected from GPS-enabled tracking systems in automobiles is helpful for commercial parties in the automobile industry and for government agencies to manage road safety, traffic control, crimes, and accidents.
- Policy and legal: Governments and commercial organisations must handle emerging policy-based and legal challenges. This includes security, data privacy, ethics, trust, and licensing. The legal and policy framework will need to catch up with the pace of disruptive technology and recent trends in the GIS industry.
- Technological advancements: New trends in the geospatial sector have allowed for advanced use cases in other technologies too. These technologies include automation, artificial intelligence, sensor technology, and IoT. This calls for data security and privacy advancements and training the workforce in new skillsets.
- Real-time data: Collection and analysis of real-time data are crucial to effective geospatial data management. It opens a new paradigm for new business opportunities. Using accurate and relevant data, organisations can make time-sensitive decisions. Consumers are already accessing services such as cab bookings with real-time tracking of the driver’s location.
- New data sources and analytical methods: The volume, speed, and diversity of geospatial data have changed how organisations analyse it. Changes are evident in the infrastructure and processes to collect, store, analyse, and use this data. This also requires new skills and expertise in the workforce. New applications and business opportunities are emerging to handle this rich data over the cloud and reveal immediate insights to fulfil geospatial industry trends.
- Customer-facing data: With the help of geospatial data solutions, companies can provide their customers with greater access to company assets. This data helps in streamlining supply chains and making smarter decisions. For example, the real estate sector uses geospatial data to provide information about nearby amenities, schools, and other facilities to buyers. The experience is akin to living in the area.
- User requirements: Users expect mobile, frictionless, and convenient access to data pertaining to location-based services in transport, retail, and other sectors. This requires real-time access and analysis of data. Cities are being planned with digital twins that help local municipalities simulate and prepare for incidents due to climate change. Smart city infrastructures allow for more transparency and engagement from citizens and planners.
How can Infosys BPM help?
Infosys BPM offers geospatial data management services in the utilities, oil & gas, telecom, mining, transport, and services sectors. The technology helps map assets, collection, gathering, storing, processing, etc. These services include:
- GIS consulting
- Data acquisitions and processing
- Spatial upgrade and integration
- Application support and maintenance
- Project/program management
- Design and mapping of asset management
- Digitisation and migration support
- Integrated operations
View our range of geospatial data services.
*For organisations on the digital transformation journey, agility is key in responding to a rapidly changing technology and business landscape. Now more than ever, it is crucial to deliver and exceed organisational expectations with a robust digital mindset backed by innovation. Enabling businesses to sense, learn, respond, and evolve like a living organism, will be imperative for business excellence going forward. A comprehensive yet modular suite of services is doing exactly that. Equipping organisations with intuitive decision-making automatically at scale, actionable insights based on real-time solutions, anytime/anywhere experience, and in-depth data visibility across functions leading to hyper-productivity, Live Enterprise is building connected organisations that are innovating collaboratively for the future.