Leveraging location data to make strategic business decisions

The Business Need

A UK-based well-established business intelligence service provider, also known as a decision-making partner of 300+ fuel and convenience retailers in over 70 countries, approached Xtract.io for location data services. The company is primarily into providing location planning, network transformation, and data intelligence services to its customers.

The company wanted Xtract.io to create geofences along with access points and provide remote survey assistance services for 6000+ quick-service restaurants (QSR) across 13 cities in the U.S. The objective of this data is to determine the optimal site location and make strategic business expansion plans.

Challenges

The company provided two data inputs, i.e., QSR name and address. With these two inputs, Xtract.io had to deliver polygon data along with other associated location data attributes surrounding the QSR such as -

  • Location type, if it is in a main business or commercial centre of the town/city

  • Primary street, secondary lane, and the local network of roads connecting the QSR

  • The geographical direction at which the QSR is located

  • Polygon of a shopping mall, if the QSR is located inside a mall

  • The appearance of the building - if the building is new, old, requires renovation, etc

  • If the QSR has a drive-through facility

  • To determine the level of landscaping near the QSR

  • Traffic lights, barriers, etc. around the QSR

The required type of data is unavailable in the public domain and requires extensive SME knowledge in Geographic Information System (GIS) and understanding the lanes and streets from the maps. It was also challenging to deliver the final quality output to the client in a short turnaround time of 15 days. But, a team of GIS Engineers from Xtract.io did it. Want to know how? Read more.

Xtract.io Analysis & Solutions

At the flexibility & comfort of sitting in one place & selecting optimal sites from other parts of the world, Xtract.io provides a complete remote survey assistance services to its clients using information available in online Maps

To begin with, our GIS Engineers researched, analyzed & understood the nuances of geospatial views to provide accurate values for a set of attributes pre-defined by the customer.

First, QSRs are verified by obtaining coordinates using the aerial view window from Gmaps. Using the aerial view or street view of the map, the connecting roads, the appearance of the building, the direction in which the QSR is located, barriers, traffic lights around the QSR are determined and captured.

automotive business intelligence report

Source: Created and developed by team Xtract.io

Further, polygons are drawn (as shown below) using suitable software such as QGIS and Mapinfo. Using both the types of view, location type, and connecting lanes to the QSR are identified.

automotive business intelligence report

Source: Created and developed by team Xtract.io

Xtract.io, known for its accuracy, quality checked these data points by “Process Excellence Group (PEG)”, a group of subject-matter experts who scrutinizes the data to ensure that it is as per the client's request.

Results & Outcomes

The client was able to take a look at the QSRs and their surroundings with Xtract.io data. This further assisted the client to make strategic business decisions for their store expansion.

POI data related to 6000+ QSRs with 30 unique attributes were delivered to the client in a short turnaround time of 15 days

The requested data was shared in excel format, however, Xtract.io also shares data in the portal or customer dashboard, as per requirements.

With a quality score of 95%, Xtract.io delivered the required dataset to the customer.

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