Thank you for Subscribing to CIO Applications Weekly Brief
Geospatial 2.0 and Industries Getting Affected by It
While the shift of GIS from a system to a platform differs per industry, many industries are most likely to be affected by GIS in the short- to mid-term.
Fremont CA: GIS has become an even more widespread technology, with numerous novel uses extending beyond its conventional role as a record source for the location and attribution of objects and assets in the real world. Today, GIS has found new and exciting uses in industries and areas that may not have been as relevant previously. But, more importantly, GIS is helping firms develop new business models—disruption in every sense of the term.
All of these advancements have created a plethora of new prospects for GIS in the form of new use cases and applications and the creation of new business models and services. While the shift of GIS from a system to a platform differs per industry, the following industries are most likely to be affected by GIS in short- to mid-term:
• Energy and Natural Resources
The energy industry is heavily regulated and constantly watched. The dynamics of electricity generation and resource development, along with the ever-changing legislative environment in light of climate change, need significant, long-term expenditures. As a result, companies are increasingly turning to technology-based solutions to assist them in making these investments and understanding the risks and problems that come with them. Given its importance to the availability, pricing, and location of energy and natural resources, GIS plays a critical role in assisting energy firms in making these decisions.
As Intelligence, Surveillance, and Reconnaissance (ISR) and Geospatial Intelligence (GEOINT) become more critical components of military strategy; we may expect a surge in demand for the skills and solutions that enable this. Additionally, as military platforms become more sophisticated, systems will need to be interoperable. As a result, a robust GIS layer that can work fluidly and intuitively with other legacy systems will become critical.
The anticipated full-scale implementation of 5G services would need a telecom operators' existing network and physical infrastructure review. A crucial element of this enormous upgrading effort, in addition to specific technological enhancements, will be identifying physical obstacles that impede 5G signals throughout the network. As a result, companies can anticipate geospatial technologies and solutions playing a vital role in network planning, design, testing, and validation to ensure smooth and error-free deployment.
• Disaster management
The COVID-19 pandemic has shed light on governments' and civic authorities' abilities to maintain continuity of life and provide essential services in times of disaster. As a result, the usage of GIS is becoming increasingly popular in the field of public health. From real-time disease tracking and mapping to limiting the physical perimeters of an epidemic to delivering rations and other vital services to impacted populations, all activities are dependent on the system's capacity to use GIS data efficiently.