Facts on New Forms of Software

Marketing, Design and More

Facts on New Forms of Software

Location intelligence software

Since the release of the first iPhone in 2007, the world of technology has completely changed how everyone lives their lives not just in the United States but around the world. Some places have been quicker to adapt and work with technology as opposed to the United States but now America is finally jumping onto the bandwagon to get involved with the everyday usage of technology.

Over the next forty years, the population of the world is going to grow by just about 50% to more than 9 billion. As this continues to happen, it is important for businesses to invest in location intelligence software. This type of technology is already incredibly laced with smartphones and most people have actually no idea. Here are some straight facts on location intelligence software.

By the time that the world reaches the year of 2030 there will be 100 workers in Europe that will be required to support 40 people over the age of 66. So as we continue to move forward there is no doubt that location intelligence software will be much more prevalent. Understand that even now location intelligence software is working hard.

Right now there are always at least 24 active GPS based satellites that are circling the Earth and sometimes there are even more than 30. Every single GPS satellite will travel around the world at least once every 12 hours. The satellites will travel 12,500 miles above the Earth while moving at roughly 7,000 miles per hour which is incredibly fast. This is one example of how location intelligence software is slowly becoming more prominent in our world.

Right now, a GPS receiver can determine the current timeframe down to the 100 billionths of a second. According to many business owners, location intelligence software is really important. In 2014 there was a global business survey conducted that revealed more than half of all people involved in the survey claim that location intelligence software is critically important to their business planning.

A research company called Gartner has also revealed that over the next two years the world will create over 4 million big data jobs and that only a third of them will actually be filled. So not only do businesses benefit from the expansion of location intelligence software but the average worker can as well. The more that location intelligence software is used the more common it becomes and the more jobs that are produced.

The use of location intelligence software can bring some good but it can also bring some bad things forward. Understanding locational intelligence solutions, the manipulation of imagery, and marketing analytics services is really difficult even for people trained in the field. When they get involved with planning, reporting, collecting, and analyzing data, they have to focus on ratios and have to understand the ratios involved with the data at hand.

The Geospatial industry generated $73 billion in revenue in 2011 and helped generate $1.6 trillion in revenue for the rest of the economy of the United States. Many experts have estimated that the market for geospatial analytics will grow from about $27 billion in the year of 2015 to nearly $71 billion by the year of 2020. So it is important for more and more people to get involved in understanding geospatial mapping and spatial analysis to prepare for the next big job market.

In Conclusion

There is no doubt that the market and field of location intelligence software is going to be more and more important and will only grow as time goes on. This field is directly tied to technology and so it is important to know that as one grows the other will grow with it as well. So if the technology is going to become a larger part of our lives as time goes on then so will the field of location intelligence software.

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