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.

How to use location data in transportation and mobility

Transportation companies need location-based intelligence to gauge demand, support operations, adapt to changing public requirements, and ensure safety. Reliable and accurate mobile location data is key to studying mobility trends that can reveal actionable insights for the betterment of infrastructure and applications in supply chain, ride sharing, public transport, traffic management, and other use cases.

Companies also need location data to assess potential for usage in growing urban spaces to improve availability and return-on-investment. More recently, due to the Covid-19 pandemic, people’s movement patterns have changed drastically. The new normal with social distancing requires tweaking existing forms of transportation and related services. All these make mobile location datasets and corresponding mobility analysis more valuable than ever, both in the private and public sector.

Image attribution: Macrovector via Freepik

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Reducing Data Preparation Costs & Increasing ROI with Mobile Location Overlap Analysis

The location data industry is using multiple sources of data with a varying degree of quality. This means suppliers often have a significant amount of overlapping records. While this does not impact quality or validity of the data, it poses a challenge for buyers who need unique values for their analyses.

Most off-the-shelf vendors leave this unaddressed as it makes their data volumes appear larger. However, when buyers prepare the data for analysis by removing overlaps, they often see a significant drop in overall volumes. 

Image attribution: Storyset via Freepik

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User behaviour and POI data quality in Geolancer – Quadrant quarterly hackathon

Earlier this year, we launched the public beta test of our proprietary POI collection and verification app, Geolancer. Aimed at providing up-to-date and manually-verified POI datasets, Geolancer is already helping ride sharing and real estate companies enrich their platforms with a hyper-accurate POI data feed. In this article, we provide a peek behind the curtain and explain how we maintain the high quality of POI data in Geolancer.

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Retail after the pandemic – Using POI data to revitalise the retail industry

The Covid-19 pandemic and following global lockdowns were devastating for the retail industry. Activities like shopping and leisure quickly fell as people’s focus shifted to dealing with a pandemic. Essential retail like grocery, drugstores, and homeware had to adapt quickly to accommodate the needs of the hour, while non-essential retail segments of fashion, sports, beauty, luxury, etc. went into complete disarray.

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Performing Extrapolation on Location Data to Derive Relevant Insights

Location data is collected from multiple sources of varying quality GPS signals from mobile devices, beacons, and WIFI connections, the notorious Bidstream, and more. In most cases, even genuine location data cannot represent the entire population of the region. This discrepancy can be attributed to smartphone penetration in the country, app-specific demographic variations, hardware inconsistencies, and sources of location data.

To perform meaningful analysis that accounts for mobility patterns and other trends in a larger region, data scientists use projection models to make an accurate estimation of a region’s population and normalise data counts to fit the use case. This is called data extrapolation.

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