Location Intelligence vs Business Intelligence
Location intelligence enhances traditional Business Intelligence by integrating spatial data, providing insights into how location impacts business performance. Because everything happens somewhere.
What is the difference between Business Intelligence and Location Intelligence
Discover 4 main differences between Business Intelligence and Location Intelligence
Data Focus
Business Intelligence (BI) primarily analyzes structured data from internal sources, such as sales, finances, and operations, while Location Intelligence (LI) integrates geographic data to understand the spatial context of business operations.
Analysis Scope
BI focuses on past and present performance to derive insights and make data-driven decisions, while LI considers the geographic dimension to optimize site selection, assess market demographics, and plan logistics.
Strategic Application
BI informs strategic decisions based on historical and real-time data, whereas LI enables strategic planning by considering geographic factors like market saturation, proximity to suppliers/customers, and environmental risks.
Decision Context
BI helps organizations understand overall business performance, trends, and patterns, while LI provides insights into how location impacts business operations, customers, and risks.
Types of Data in Location Intelligence
Financial
Consumer Spending, Purchasing Power and Wealth indicators from the leading data providers.
Human Mobility
Mobile device and GPS data provide insight into human movement patterns.
Demographics
The most recent census data including: age, income, household types, and more.
Housing
Property statistics, prices, and history to drive decisions and investment.
Road Traffic
Data from routing apps and GPS to analyze traffic patterns and commuters.
Points of Interest
Location data for business establishments, restaurants, schools, attractions
Environmental
Climate and weather data, including exposure to weather- based hazards.
Geographies
Digital boundaries for data aggregation and display on a map.
Behavioral
Browsing habits, app usage, feelings and experiences shared over social media platforms
What is an Example of Location Intelligence Use Case
Branch Network Optimization
Strategically optimize your branch network, maximizing efficiency and profitability.
Site Selection
Pinpoint optimal locations for your business, ensuring success from the ground up.
Opportunity Prediction
Forecast market trends and capitalize on emerging opportunities.
The Future of Location Intelligence
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Ondrej Tomas,
Co-Founder & CEO
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