Unacast Announces Strategic Partnership with SafeGraph to Bring Enhancements to the Unacast Insights Platform

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The Unacast Insights Platform Levels Up With SafeGraph’s Premium Point of Interest Data

Today, Unacast announced a strategic partnership to incorporate SafeGraph Places into its location intelligence product suite. SafeGraph’s point of interest (POI) data is now paired with Unacast’s machine learning-powered foot traffic data and accessible through the Unacast Insights platform. These updates will further modernize the way businesses utilize location insights, providing instant access to millions of new locations across a range of categories. 

This partnership allows Unacast to offer expanded and up-to-date insights into consumer behavior and trends with the most precise and reliable POI data available. SafeGraph’s high quality Places data contains a robust set of geospatial attributes to provide deep context about physical locations, including address string, geographic coordinates, brand affiliation, open/close date, and NAICS/category codes. The updated venue closure and opening statuses provide essential information to help businesses adjust their strategies quickly and efficiently. 

The enhanced interactive map on the Unacast Insights Platform is now even more user-friendly and visually appealing. With new polygon displays, icons, and labels, users can easily navigate and interpret the data to make informed decisions. The interactive map feature is perfect for visual learners who prefer a more intuitive way of digesting information. Additionally, Unacast’s popular ranking and benchmarking feature is now enriched with premium category and brand information, simplifying the process of staying ahead of the competition.

The updated metrics on the Unacast Insights Platform offer a deeper level of analysis to help businesses understand their customers better. A new visit length analysis feature breaks down visits into short, quick, or extended stays, giving users a more nuanced view of consumer behavior. Additionally, the enhanced popular times feature shows hourly activity levels, allowing businesses to optimize their operations and marketing efforts for maximum impact.

“We are thrilled to join forces with SafeGraph in bringing location intelligence to life in both our data sets as well as in our Insights platform. We’re already seeing their state-of-the-art approach to POI data along with Unacast’s proprietary visitation data help customers uncover new revenue opportunities and better assess their strategic investments in brick and mortar locations,” said Jonathon Schuster, Chief Product Officer at Unacast.

The combination of Unacast’s mobility analytics and SafeGraph’s POI data ensures businesses now have access to even more valuable insights to inform their decision-making. The Unacast Insights Platform is now an even more powerful tool in helping retailers, real estate companies, municipalities and more unlock new opportunities and drive success.

About SafeGraph

SafeGraph is a pure-play data company that provides the highest quality data on global points of interest (POI), enabling innovators to create world-class analytics and applications, Learn more at www.safegraph.com.

About Unacast

Unacast is a global location intelligence and insights company shortening the time and resources it takes to get from data to action. Using technical expertise, state-of-the-art machine learning, and ethical responsibility, Unacast extracts the valuable information from location data, delivering trustworthy, reliable, and privacy-friendly location intelligence. Companies across industries, at every stage of growth, rely on Unacast to make more informed decisions that better align with the world around them. Learn more at www.unacast.com.

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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