Leveraging current and historical data on location movements allows urban planners to understand current challenges and build smart, flexible and efficient cities.
As more cities begin to implement smart city planning based on data science, location intelligence insights help shape policies that will benefit neighborhoods and the people who live in them.
By incorporating location intelligence into urban planning, it becomes possible to develop infrastructure adapted to the needs of citizens, enhancing living conditions in any given city. In addition, spatial data helps to optimize costs and prioritize government administration projects.
What does location intelligence provide to urban planning?
Heat maps are used by any business sector to identify foot traffic and vehicular mobility patterns in an area or point of interest, as their visualization presents multiple pieces of data in a way that makes immediate sense.
Heat maps can be used to identify foot traffic patterns from a country-level scale to a more detailed level such as the infrastructure of a store or building.
The Nicaraguan government is planning the construction of roads and bridges nationwide.
CentralAmericaData's "Commercial Feasibility Studies" provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
During 2020, the main buyer of ceramic products was Guatemala with $83.2 million, in this year the purchases mainly came from China with a value of $75.4 million.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Location intelligence is revolutionizing the way companies establish, operate and expand their business.
From deciding where to locate a new store to analyzing foot traffic to gauge market competition, the use of location data is growing.
One of the key components of location intelligence is data related to points of interest (POIs). POIs indicate a specific location in an area of interest to businesses: it can be a store, a hospital, a university, or a corporate building, among others, depending on the information required for the particular target, helping companies make faster, more informed and cost-effective decisions.
Many decision makers in the construction industry don't know what to do with the vast amount of data they have available, as they don't have the right tools to analyze it in a way that will have a meaningful impact on their projects.
Predictive modeling, Big Data analytics, machine learning and artificial intelligence unlock the ability to leverage the data coming from projects to organize and interpret it and thereby discover patterns more quickly. These tools reduce problems, lower costs and mitigate the risk of different processes in construction projects by making the work more predictable and efficient.
In Nicaragua, the company New Fortress Energy, with US capital, plans to build a plant that will generate 300 MW of clean energy, using less polluting technology.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, includes an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
In the first quarter of 2021, 35 environmental impact studies were submitted to develop condominiums, apartment buildings and other housing projects in Central American countries.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Unit, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
In recent years, cement from Vietnam has gained importance in terms of amount purchased, as in 2016 it represented just 0.01% of total regional imports and in 2020 it became the main supplier, as the share went up to 32%.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
Last year, 12 environmental impact studies were submitted in Central American countries for construction projects of buildings to be used by government institutions, files that together amount to an estimated investment of $140 million.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
During 2020, 92 environmental impact studies were submitted for the construction of commercial buildings in Central American countries, and most of the estimated investment was focused on Costa Rica and El Salvador.
The interactive platform "Construction in Central America", by CentralAmericaData's Business Intelligence Unit, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
The Central American Bank for Economic Integration approved a $21.4 million extension for the financing of the "Project to Improve the Technical and Operational Capabilities of Puerto Corinto."
This extension brings the total amount guaranteed to $184.6 million, making it the largest investment in the country's port sector in recent decades, informed the Central American Bank for Economic Integration (CABEI).
In 2020, 10 environmental impact studies were presented to build hospitals, clinics and other health care centers in the countries of the region, projects valued at $175 million.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
During 2020, 17 environmental impact studies were presented to carry out works in electrical networks and build power plants in different areas of Central American countries.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Unit, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.