Geodata reports 2020

Geodata is central to decisions on many long-term societal issues, to achieving climate goals and in business processes. As digitization increases, geodata has grown in value and is a strategic resource for more and more industries. At the same time, the 2020 Geodata Report shows that there is great potential for Swedish organizations to increase their benefits from geodata.

The 2020 Geodata Report shows that:

• 72% believe that geodata could create additional benefits in new parts of organizations.

• 46% consider that a lack of knowledge in the organization is an obstacle to deriving greater benefit from geodata

• 58% have difficulty finding the information they need for their work
• 66% find it difficult to determine the quality of the information.

Geodata creates business benefits

In the enormous amounts of data produced in the digital society, there is completely new information that can create insights that have not been discovered before. Success in managing large amounts of data lies in the ability to transform data into knowledge that can create business benefits for the organization. The geographic dimension provides a unique opportunity to discover complex relationships and thereby create new insights. The 2020 Geodata Report shows that geodata creates major positive effects for many Swedish organizations. The majority state that geodata creates business benefits and that it is one of the most important bases for decisions. It helps to create understanding for decisions at all levels – both for corporate and operational management and for daily administrative support.

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