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.

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Countless platforms are powered by Point-of-Interest (POI) datasets that are outdated.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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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the locations in the city’s database were incorrect, and more than 11% of the data from a popular mapping platform was outdated.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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Geolancer: A year in review

For years, Quadrant has been offering high-quality, authentic, and reliable mobile location data. In our interactions with customers and prospects, we discovered that many of them seek Point-of-Interest (POI) data to go with their mobility analysis. Good quality POI data is critical for operational efficiency, especially in sectors like transportation, delivery of consumer services, supply chain logistics, freight, and many others.

However, existing off-the-shelf POI databases are plagued with issues. They are not updated frequently enough, and the way they are assembled -- most often through web scraping -- leads to inevitable inaccuracies.

 

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Solution Brief: Building custom POI datasets with Geolancer

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.

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