Blog

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.

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

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.

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.

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

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.

Korem’s HERE GIS Map Data allows insurance agencies to identify locations with high crime and flooding to minimize risks.

Along with federal and state entities, using GIS for local government bodies such as townships, cities and counties can be highly beneficial. Analyzing geospatial data for government agencies can accomplish many essential tasks.

Korem’s HERE Map Data assists the telecommunications industry with marketing, customer service, capital planning, and more. Contact us today!.

When I moved from Esri Canada to Korem a few years ago, one big change involved going from working with a single product suite (ArcGIS), to building solutions using different technologies from multiple providers.

The past few years have seen major changes in business intelligence due to increasingly sophisticated techniques that lead to optimal decision-making.