Saturday, May 4 2024 | Time 05:30 Hrs(IST)
image
Business EconomyPosted at: Jun 28 2017 6:29PM


LBS integrated with GIS platform to enable digital transformation

New Delhi, Jun 28 (UNI) Dr Vishnu Chandra, Deputy Director General, NIC, Government of India today said that Location Based Services (LBS) integrated with Geographic Information System (GIS) platform would enable digital transformation which would result in end-to-end service delivery covering work-flows, business activities, processes, competencies and models to fully leverage changes in planning and decision making.
“This would entail benefits, have a positive impact and create opportunities at all levels of society,” said Dr Chandra while addressing the fifth edition of FICCI’s conference on ‘Location Based Services (LBS) 2017’ on the theme ‘Transforming Coordinates to Business’.
Dr Chandra said that consumer experiences were changing expectations. Mobility, social media, cloud and big data were the new emerging disciplines in which location was embedded, enabling seamless processing of data in parallel and real-time analytics.
With the help of LBS, NIC had initiated several programs in diverse sectors such as healthcare, education and agriculture, which was allowing identification of priority areas for improvement and providing information that could be utilised for various purposes.
He added that GIS as a major e-governance sub-system was an important lever to accelerate growth and increase focus in different domains.
Highlighting the new business opportunities in LBS, Uday Raj, Chief General Manager, NRSC, ISRO, Department of Space, Government of India, said that automatic check-in at work places; housekeeping, security, elderly care, maintenance; keeping track of equipment, construction machinery, scaffolding; precision farming; geo-tagged SMS & MMS to different geofences and digital advertising, were some of the emerging fields where LBS could be integrated with business.
Mr Raj said that businesses run across locations and events take place everywhere making location a central factor for every business. Emerging geo-tagged data with business metrics was providing intelligent output which was helping in bringing about transparency in information. Besides, LBS were enabling monitoring, evaluation, optimisation of data for receiving real-time information and assisting in developmental planning.
In his theme presentation, Maneesh Prasad, Member, FICCI Committee on Geospatial Technologies and CEO, Telematics Wire, said that maps and location were the two essential components for LBS. It offers business opportunity for the entire domain and can be integrated with diverse sectors such as agriculture and infrastructure to collect and analyze relevant data. Besides, LBS was enabling people to navigate with the help of GPS and other such technology.
UNI ADP RSA SHK 1829
Please log in to get detailed story.
Tags: #LBS integrated with GIS platform to enable digital transformation
More News

M&M leads Indian auto-pack with record-breaking 674 patents in FY24

03 May 2024 | 7:12 PM

Kolkata, May 3 (UNI) Mahindra & Mahindra (M&M), the automotive and farm equipment flagship of the Mahindra Group, has received a record 674 patents in FY24, the most of any Indian 4-wheeler automobile/farm equipment manufacturer.

see more..

MRF' s consolidated income Rs 25,486 cr in FY 2023-24

03 May 2024 | 7:00 PM

Chennai, May 3 (UNI) Tyre major MRF' s consolidated total income is Rs 25,486 Crores for the year ended March 31, 2024, as compared to Rs. 23,261 crores in the previous year.

see more..
Rs 2000 banknotes continue to be legal tender; 97 76% returned till now: RBI

Rs 2000 banknotes continue to be legal tender; 97 76% returned till now: RBI

03 May 2024 | 6:48 PM

Mumbai, May 3 (UNI) The Government has received 97.76 percent of Rs 2000 currency notes as on April 30, 2024, the RBI said on Friday while adding that the banknotes continue to be legal tender.

see more..

RXIL TReDS surpasses Rs 1 lakh cr in invoice financing for MSMEs

03 May 2024 | 6:23 PM

Mumbai, May 3 (UNI) Receivables Exchange of India Limited (RXIL) Trade Receivables Discounting System (TReDS) has achieved a significant milestone, facilitating financing of over 50 lac invoices worth Rs one lakh crore since its inception, providing accessible working capital financing solutions to Micro, Small and Medium Enterprises (MSMEs) in India which play a pivotal role in driving economic growth and facilitating the nation's journey towards achieving a Rs five trillion economy.

see more..
Profit booking pulls market down nearly 1%

Profit booking pulls market down nearly 1%

03 May 2024 | 6:11 PM

Mumbai, May 3 (UNI) The stock market on Friday fell nearly one percent as the BSE sensex closed at 73878.15 points down by 732.96 points from previous close even as there were no negative surprises in the Q4 earnings of some of major companies.

see more..
image