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GeoPlace identifies impressive £4 return on every £1 spent on council address information

By [email protected] - 21st June 2016 - 15:15

A GeoPlace commissioned study projects net benefits up to £202 million by 2020 from better use of the address and street data that councils create and maintain. Based on the current rates of adoption, this represents a Return on Investment after discounting of 4:1. The purpose of the research study was to provide a cost/benefit evaluation of the impact of address and street data that GeoPlace collates, across England and Wales. The study was launched at the GeoPlace annual conference at the end of April 2016. The research outlines the benefits afforded to local authorities in a number of areas including; reduced data duplication and integration, improved tax revenues, channel shift and route optimisation in waste management.