October 6, 2006 -- Redlands, California—ESRI, the leading provider of geographic information system (GIS) software, announces that Site to Do Business (STDBonline), located in Chicago, Illinois, has selected ESRI’s Business Analyst Online GIS analysis and data services to power its commercial business portal, www.stdbonline.com. STDBonline is now able to offer an integrated market analysis system for use in commercial investment real estate, appraisal, and consulting assignments. The service provides a one-stop shop for demographic information, mapping technology, and reporting tools for any type of company. The STDBonline Web site includes market analysis templates for office, retail, industrial, and multifamily properties.
STDBonline will incorporate Business Analyst Online, ESRI’s Internet-based report and mapping generation system, to provide decision-making and site analysis tools for more than 17,000 members of the CCIM Institute, the governing body of the largest commercial real estate network in the world. The system will provide on demand, presentation-quality reports and maps with GIS analysis and extensive demographic, consumer spending, and business data. Members can choose custom reports and interactive maps for any market in the United States including detailed customer segmentation, travel zone, market analysis, flood maps, aerial imagery, and more.
STDBonline gives real estate professionals instant access to the information they need to more profitably analyze market potential and trends, allowing them to reduce due diligence times and costs while improving the quality and accountability of the decision-making process.
"After seven years of providing great services to commercial real estate professionals, we chose ESRI for our next generation of STDBonline because of its advanced technologies and commitment to enhancing its GIS products, platforms, and data," said Jay R. Lucas, CCIM, STDB, Inc., President and CEO.
Business Analyst Online provides an online analysis system to users who need to make decisions about site analysis and site selection, analyze trade areas, and reach target markets. A Web-based solution hosted by ESRI, is easily accessible without requiring any training.
Using Business Analyst Online, organizations can
- Analyze trade areas.
- Evaluate competitors.
- Identify new store locations.
- Find new customers.
- Target direct mail.
- Reveal untapped markets.
"STDBonline provides critical information businesses can rely on in one easy location," said Simon Thompson, Commercial Business Sector manager, ESRI. "Using Business Analyst Online enables STDBonline to provide an invaluable service for any organization, no matter what its size, without the associated risks, costs, and delays of developing such an extensive solution. STDBonline is the solution for every real estate professional and business not wanting to invest in data collection and analysis."
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The Site to Do Business ( www.stdbonline.com) is an online suite of commercial real estate analysis tools operated by STDB, Inc., a subsidiary of the Chicago-headquartered CCIM Institute. Access to the Site to Do Business is a benefit to CCIM members. An integrated resource of industry and business information, STDBonline offers users a wide range of options: custom mapping and demographic reports, financial analysis software, environmental surveys and other custom capabilities. The site is password-protected, and new features are incorporated as technology becomes available.