Market value of GIS

Market value of GIS - minutes by zooming in on a...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Market value of GIS Fortune Magazine, April 24, 1989 published a major, general-interest article on the significance of GIS to business: GIS is described as a geographical equivalent of a spreadsheet, i.e. allows answers to "what if" questions with spatial dimensions an example of the value of GIS given in the article is the Potlatch Corporation, Idaho o controls 600,000 ac of timberland in Idaho - 4,900 separate timber stands o old method of inventory using hand-drawn maps meant that inventory was "hopelessly out of date" o $180,000/year now being spent on GIS-based inventory "a bargain" o GIS "gives Potlatch up-to-the-minute information on the status of timber. ... A forest manager sitting at a terminal can check land ownership changes in a few
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: minutes by zooming in on a map" o $650,000 on hardware and software produces more than 27% annual return on investment GIS market o Dataquest projected a market of $288 million in 1988, $590 million in 1992 for GIS, growing at 35% per year o ESRI of Redlands, CA, developers of ARC/INFO, had 350 employees and sales of $40 million in 1988 and a reported 42% increase in sales in 1989 o Intergraph had 1988 sales of $800 million in a more diverse but GIS-dominated market o the 1989 edition of GIS Sourcebook listed over 60 different "GIS" programs (though not all of these have complete GIS functionality) and over 100 GIS consultants (US)...
View Full Document

Ask a homework question - tutors are online