Unacast Now Offers Aggregated Location Data from 80+ Countries

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NEW YORK, Feb. 7, 2022 /PRNewswire/ -- Unacast, a global location data and analytics firm, today announced the expansion of its solution to include aggregated data sets for international markets in 80+ countries. With this launch, organizations have increased visibility across multiple regions through a consistent source of clean, aggregated data, allowing them to move beyond device level data and eliminate internal data processing efforts.

Location and visitation activity data measures how and when places are visited, providing insights into what days/times a location sees foot traffic, how much and for how long. Traditionally, this type of international data wasn't readily available and was harder to use to derive insights.

Multinational enterprises, consultancies and global software analytics vendors need access to consistent sets of this type of data across different regions. This can then be used to help with site selection, competitive analysis and demand forecasting. Use cases include retailers – who will be able to see where people go before and after they shop and compare the foot traffic in their stores to others – and the real estate sector, where the data helps owners and investors understand the foot traffic around their office buildings and multi-family residential buildings.

Unacast's visitation activity product set will now be available to users for 80+ countries, with diverse degrees of coverage. This will allow new and current customers to build data insights in countries outside of the U.S., and make it easier to incorporate the data into existing applications and tools. Critically, this data will be aggregated to protect personal identity. These clean, filtered insights will be customizable for the customer.

Rikard Bandebo, chief product officer, Unacast, said: "Data is hard to get and use in countries outside of the United States, creating an obstacle for organizations looking to move into new regions. Unacast is making that data easier to use and more accessible by investing to source as much data as possible, then contextualizing it to provide value to customers. We're excited to offer this vital information to our customers so they can make the best decisions for their organizations."

Frequently Asked Questions

Discover how analyzing real-world movement patterns can reveal valuable trends in customer behavior, optimize business operations, and enhance strategic decision-making.

What is site selection and why is it important?

Site selection is the strategic process by which businesses identify, evaluate, and choose optimal locations for their operations. This process is paramount as the location of a business directly influences factors such as accessibility, visibility, profitability, and market longevity. For retailers, the right site can mean higher customer footfall and increased sales. In real estate, a well-selected site can promise lucrative returns on investment and tenant stability. Financial service firms leverage site selection to position their branches or ATMs in high-demand areas. Essentially, site selection plays a pivotal role in ensuring the success and growth of a business by aligning its physical presence with market opportunities and demands.

How does location intelligence enhance site selection?

Location intelligence refers to the harnessing of geospatial data to derive actionable insights, which can significantly enhance the site selection process. By analyzing data like consumer demographics, foot traffic patterns, competitor locations, trade area data, and more, businesses can make more informed decisions about where to establish or expand their operations. Location intelligence allows for a deeper understanding of market dynamics, revealing hidden opportunities or potential pitfalls. For instance, retailers can identify gaps in the market, real estate professionals can forecast property value trends, and financial service providers can assess areas with high customer demand. Advanced tools, like those offered by Unacast, further refine these insights by leveraging AI and machine learning, enabling more precise and timely decision-making.

What challenges do businesses face in the site selection process?

Unacast provides invaluable support to businesses during the site selection process through its advanced location data and analytics software, all powered and refined by Artificial Intelligence and Machine Learning technologies. The company offers a suite of products designed to deliver accurate, actionable, and comprehensive location intelligence. This data proves crucial for businesses looking to understand consumer behavior, analyze traffic patterns, evaluate competitor locations, and much more. With Unacast’s robust tools, businesses in retail, real estate, and financial services can derive insightful information necessary for making strategic, informed site selection decisions. The platform not only provides reliable data but also ensures it is readily actionable for businesses, whether they are looking to open a new store, invest in property, or expand their financial services to new locations.

What types of location data are crucial for informed site selection?

Demographic data offers insights into the age, income, and lifestyle of people in a particular area, helping businesses understand their potential customer base. Foot traffic data provides information on the number of people visiting a location, which is crucial for retailers to estimate the store's potential popularity and for real estate professionals to assess an area's vibrancy and demand. Geographic Information System (GIS) data helps in visualizing and analyzing geographical details, supporting companies in identifying accessible and strategically located sites. Understanding the proximity to competitors, accessibility, and the socio-economic profile of the surrounding areas is also vital. Unacast’s platform aggregates and analyzes these various data types, providing a holistic view that significantly empowers businesses in their site selection endeavors.

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