Maximizing Geospatial ROI Workshop

Strategies for Accelerated Geospatial Industry Growth

15 May 2024 // 1130-1300 hrs | Hall - Blue Room

Speakers

Ananyaa Narain

VP - Consultancy
Geospatial World
India

Paul Mooney

CEO
NCTech Ltd.
UK

Overview

In an era defined by rapid technological advancements and increasing economic demands, the geospatial industry stands out as a critical enabler of diverse sectors, driving significant impacts on the global economy. The workshop on Maximizing Geospatial RoI – Strategies for Accelerated Geospatial Industry Growth aims to delve into the pivotal role of geospatial technologies in fostering socio-economic development and the paramount importance of communicating the Return on Investment (RoI) to stakeholders to spur industry growth.

The geospatial industry continues to have a profound impact on the global economy and accelerating its growth will hinge on the extent to which we can successfully communicate how our technology, data and analytics can be used by customers to: Make Money, Save Money, and Manage Risk.

Objective

The primary objective of this workshop is to articulate and enhance understanding of the strategic benefits of geospatial technologies in terms of revenue generation, cost savings, and risk management. The session will focus on transitioning from market-taking strategies, where businesses primarily compete, to market-making strategies, which involve creating new demand and opportunities for the use of geospatial technologies. By dedicating effort to quantify, substantiate, and clearly communicate how these technologies generate revenue, reduce costs, and manage risks, we will initiate discussion and deliberation to empower stakeholders to promote wider adoption within their organizations.

Expected Outcomes

By the end of the workshop, participants are expected to:

  • Gain a deeper understanding of the growth trajectory and technologies in the geospatial industry.
  • Discuss the need to effectively communicate the ROI of geospatial initiatives.
  • Formulate strategies to advocate for geospatial solutions within their organizations.
  • Build a network of industry peers committed to collaborative growth and innovation.

TARGET SEGMENTS

C-level executives
Decision-makers
Policy-makers
Sectoral Leaders and Experts