Point-of-Interest (POI) data is critical for executing operations in a host of industries. Even companies that do not directly rely on POI data utilise it for deriving actionable intelligence to improve performance.

The challenge most of these businesses have is that off-the-shelf and web-scraped POI datasets are riddled with outdated and inaccurate information. Most POI data providers offer one-size-fits all datasets and fail to provide data that is relevant to different types of use cases and applications.

We've put together a solution brief discussing these challenges and solving them using Geolancer, Quadrant's very own POI Data-as-a-Service platform.

Point-of-Interest (POI) data is instrumental in facilitating the operations of businesses such as food and last-mile delivery companies, those that develop mapping and navigation software, ridesharing companies, and many others. In other industries, such data is harnessed to derive insights to inform decision-making around site selection and supply chain optimisation.  

However, procuring good quality POI data is a significant challenge.  

For businesses of various scales across a range of industries, the fundamental goal stays the same: to increase profit while keeping costs to a minimum. Location data, already utilized by marketing teams and agencies, can help increase the ROI when it comes to marketing. 

Location data has proven beneficial in solving various business and social problems. Researchers and analytics firms leverage location intelligence to identify target audiences for businesses, measure ROI of operational spend, assess competition, and address grave issues like climate change, social inequalities, and human migration. In reality, most business models in delivery, transportation, navigation, healthcare, and real estate depend on location data for day-to-day operations.

Offline or online, advertising is all about getting the right message out to the right people at the right time, and mobile location data can be instrumental to your goals.

Marketing agencies and teams across various sectors are recognizing the value of mobile location data. They are using it to build targeted campaigns, gauge competition, measure campaign performance, and optimize spending. Mobile location data can help businesses maximize ROI on their marketing and advertising spending, especially in offline campaigns that are harder to measure than digital efforts.