What are the benefits of using geospatial data in analytics?

Overview on the Topic: Geospatial data has become an integral element in how companies and organizations conduct business throughout the world. The fields of remote sensing and mobile drone platforms/sensors are expanding rapidly and providing consumer markets new levels of persistent and targeted geospatial data previously available only to the military and intelligence agencies.

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Question :What are the benefits of using geospatial data in analytics? How can adding the “where” in data collection give companies a competitive advantage?

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