Richard Cantwell, Principal Consultant at Gamma Location Intelligence, recently spoke to the Business Post about the science of where and the value of geographical data for industries like retail and insurance.
Over the last 16 months, there has been a huge shift in the daily lives of people, with changes to how they behave, as well as where they move to and from. In fact, many continue to work or study (and spend) where they live.
It is undisputed that COVID-19 and the associated lockdowns have had an impact on everyone and, in turn, every place. Of course, there is also every likelihood that these changes will persist and therefore businesses need to be prepared and plan accordingly.
In particular, the retail landscape is one that has been and is being redrawn as people adapt their work routines, establishments reopen their doors and online shopping levels settle back to normal.
Whatever the future holds, being able to measure and assess demand and behaviour will be vital in order to determine next steps. So too will the decisions that businesses make over the next 16 months in relation to their store networks, omnichannel activities and marketing efforts.
Location intelligence, consisting of high-quality data, is one way to strengthen and better inform such decisions. At Gamma LI, we have been analysing and will continue to analyse the impact of the pandemic on movement, behaviour and demand.
Such insights support the science of where and could prove invaluable for businesses in determining what next.
Find out more about what we do and the value we deliver by checking out Richard Cantwell′s recent interview, published in the Sunday Business Post on Sunday, 27th June.
@ 2021 GammaLI.co.uk by Monika Ghita
About Gamma LI
Gamma Location Intelligence is a cloud-hosted spatial solutions provider that integrates software, data and services to help our clients reduce risk through Location Intelligence (LI). Gamma LI’s Storecast Sentry™ platform assists retailers in optimising their store networks for the future. Gamma LI is headquartered in Dublin, Ireland and has offices in Manchester, UK and Bilbao, Spain.
Storecast Sentry, is a retail network optimisation platform that leverages data-driven location intelligence, spatial models & anonymised transaction data. The highly visual maps & dashboards, empowers multi-branch retailers to optimise their retail estate in our rapidly changing omnichannel landscape.