Data at Work

The world of data and its many applications. This blog will help you learn how visionary companies are utilising external data to enhance business operations.

Saif Kakakhel

Saif Kakakhel

Recent Posts

Geolancer's edge: The importance of customisable POI datasets

Countless platforms are powered by Point-of-Interest (POI) datasets that are outdated. More importantly, these datasets are not even tailored to the unique requirements of different businesses. For instance, even though a restaurant represents one POI, a specialised search engine will need information on the dietary restrictions that are catered to by the establishment while a food delivery platform needs to know if it has a drive through – data that represents distinct, custom attributes.  

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Optimise your outdoor media strategy with mobile location data

Out-of-Home (OOH) advertising or outdoor media is integral to the multi-pronged marketing strategies adopted by consumer-facing businesses. Research has found that OOH drives more online activity per ad dollar spent than any other media. It is 382 percent more effective than TV, 200 percent more effective than print, and 63 percent more effective than radio ads in driving customers to an online platform. Outdoor media is instrumental for businesses to increase awareness of products and services - both online and offline. The market size is expected to reach US$ 33 Billion by 2027, exhibiting a CAGR of 13.41% during 2022-2027. 

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Remapping Southeast Asia, one building at a time (Case Study)

POI data acts as the fundamental building block for digital mapping and navigation platforms. One of our clients – a prominent European mapping and navigation company – wanted to enrich their platforms by procuring a high-quality POI dataset covering several regions in Brunei. To help them achieve this objective, we launched a POI collection campaign in the city (without an already established presence) and successfully produced a dataset of 1500 verified POIs, all with photos. We reached a completeness level of 99.3%, far exceeding the industry standard.  

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How bad are existing POI datasets exactly? (Amsterdam case study)

As users, we are not surprised to discover that a restaurant or a store on the map does not exist in the real world. It might have closed, moved, or never existed in the first place. Low quality POI datasets might be a mere inconvenience in our personal lives; however, this is a multi-million dollar issue for businesses.

Until recently, we couldn't even tell how big the problem is. After collecting and verifying 5,000 electric vehicle charging stations in Amsterdam in person, we have an answer: it is enormous.

We discovered that more than 14% of the locations in the city’s database were incorrect, and more than 11% of the data from a popular mapping platform was outdated. And this is just the tip of the iceberg. 

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Diversify your app monetization strategy with Quadrant

Mobile app development and maintenance is a resource intensive and time-consuming process – which is why the primary objective of publishers is maximising the revenue they generate from their apps. One of these is data monetization.

Data monetization, however, is not what usually comes to mind first. Since several successful platforms like Spotify, Tinder, and Netflix use subscriptions, one might be inclined to believe this is the most common monetization strategy. However, out of the $111 billion generated in mobile app revenue in 2020, subscription-based apps on both Apple’s App Store and Google Play collectively earned only $11.7 billion. This statistic offers a key insight: subscription models capture the imagination but only account for approximately 10% of all revenue generated from apps. Therefore, it is important to explore alternative models for generating revenue. 

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