Blog

Companies are increasingly migrating their on-premises databases to cloud data warehouses. Korem is here to help your teams in their geo-enablement, demystify the various cloud options available on the market, and overcome your cloud migration challenges.

To better meet the changing needs of customers, maximize efficiency, and maintain profitability, banks must make branch network right-sizing decisions using hyperlocal data and a site analysis tool.

All companies from the smallest startups to multinational corporations can benefit from a competitive landscape analysis, which is considered a key ingredient to success. But they are all missing one thing: the usage of hyperlocal data such as mobility data.

To measure store success, static data must be combined with pedestrian and vehicle mobility data, which are a powerful means of predicting sales and adapting supply to demand with the utmost accuracy.

Korem can help you develop an effective EV infrastructure strategy through location data and site analytics that will assist you in complying with regulations and meeting increasing customer demand.

Investing in geospatial data and technology now could ensure your business resilience and give you an invaluable competitive advantage in the future.

Geolocation can help retailers in the post-pandemic era in three ways: optimizing last-mile delivery, managing new mobility data sources, and building an electric vehicle charging station strategy.

From a roundtable discussion with six insurance providers, we concluded that there are four main challenges facing the insurance industry: changing risk profiles and risk exposure, massive amounts of insurance data, data security and privacy, and digital modernization.
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At the InsureTech Connect 2022 conference, I learned that the ecosystem for geospatial technology is growing, that the chasm between the need for highly accurate, up-to-date data is huge, and that users are staring into an abyss.

Geomarketing makes it easier for you to conduct market research, evaluate sales performance, run targeted marketing campaigns, and optimize logistics.

For years, the retail industry has relied on Annual Average Daily Traffic (AADT) to understand traffic around existing and planned locations. However, it is no longer an accurate measure as a differentiating indicator because there are now more reliable sources of traffic data available, such as DHT.

The gap between technology and expertise continues to widen as the technology, the appetite for new data, and solutions advance as well.

Data collection is not always done in a transparent manner, and sometimes doesn’t respect confidentiality and privacy considerations. That is why it is in the best interest of organizations to deal with a neutral specialist who can provide advice on sensitive data.

Currently, EV charging stations are popping up at hotels, malls, and restaurants. This is already transforming trade areas for both fuel retailers and the places where consumers stop for longer periods of time than they would to gas up their ICE cars.

Having route optimization software is the best way to solve the majority of problems encountered by last-mile delivery providers, whether in terms of efficiency, costs, or customer satisfaction.

If Census geographies are suspect and mobile movement data are subject to limited geographic extents and privacy, what’s the answer? The answer is to use both.

Several banking customer experience trends are likely to emerge and unfold over the next year to meet the changing needs of the public.

In February 2022, the US Federal Communications Commission set new guidance for delivering information regarding the availability of broadband internet services throughout the United States.

DaaS addresses the challenges related to finding or sourcing third-party data, in this case, geospatial data. There are several key benefits of DaaS, such as the discoverability of available data, the ability to streamline procurement, the transaction-based data licensing agreement, and the access to the latest vintage and updates.

The confusing thing about Data as a Service, or DaaS, is that there are so many different kinds from which to choose. A solution provider that has the expertise to customize the technology menu to satisfy the entire banquet of business problems will likely be required.

Before companies can benefit from artificial intelligence (AI) and machine learning (ML), they must first invest in data integrity — in its accuracy and validity throughout its life cycle.

With the rise in popularity of online services, traffic analysis is becoming paramount for banks to make accurate financial forecasts and the best decisions about opening and closing branches.

Access to quality geospatial data and analysis of that data using a geographic information system (GIS) is critical to determining ideal sites for electric vehicle charging stations.

The scarcity of specialized manpower is a growing challenge for innovation-dependent organizations wishing to exploit geospatial technology. Korem has the answer to this problem by combining expertise and an all-in-one solution.

Korem prioritizes a human buying experience to ensure that its clients have access to the most cost-effective geospatial solutions on the market.

The enlightened use of the spatial dimension of society constitutes, for a company, an unsuspected spatial capital that geospatial expertise makes it possible to bring to fruition.

Geospatial expertise is an essential lever for operational monitoring of the Sustainable Development Goals.

Insurers are increasingly embracing geospatial technology and, more specifically, hyper-precise insurance underwriting data and insurance geocoding systems to improve pricing policies.

Geospatial technology is everywhere, enabling organizations to make better decisions and invest their money more intelligently. But that requires quality data.

With the fast expansion of the 5G network and the high demand for cell phones, carriers are looking to increase the capacity of their networks with location technology.

Aerial or satellite Earth observation imagery allows insurance companies to quickly and efficiently assess damage, identify fraudulent claims and save costs.

Foot traffic data contributes to the creation of a model for retail store success. It helps measure customer attraction, understand local demographics and the impact of competition.

Traffic analysis has many benefits, such as understanding sales performance and consumer behavior, as well as better competitive intelligence. There are several ways to use vehicular traffic data, which deliver accurate, comprehensive traffic counts.

With 85% of enterprise data having a geospatial component, there is an undeniable need for both, geocentric platforms, like GIS, geo-enabled BI solutions that support end users, and elastic data lakehouses needed by corporate IT environments.

Reports that include lists of “the best” or “highest CX score” should be read with caution as they often lump all GIS solutions into a common bucket.

OMDIA published its report “Location Platform Index” in which they assessed and ranked the vendors of location and mapping platforms and services. We offer our opinion on the report.

Overview of the new features: Time series capabilities, “Select by Attribute” tool, Expanded GDAL file format support, Tiled Server reprojection, Multi-Resolution Virtual Raster (MVR) & support for paging in WFS.
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How geospatial analytics can be leveraged to plan for the inevitable growth of the urban environment.