Share your GIS
George Demmy is Chief Technology Officer (CTO) and one of the founding members of TerraGo Technologies. In the role of CTO, he has responsibilities for oversight of various product and technical initiatives at TerraGo. During his tenure at TerraGo, Demmy has held roles in product development, … More »
Earth Imaging Journal Article: Gaining True ROI on Geospatial Technology Investments
June 11th, 2015 by George Demmy
Geographic Information System professionals built an industry on understanding the importance of data in geographic context as an organizational principle and facilitating decision-making by gathering and analysing these data.
They are growing the industry by communicating results in ways that take some of the mystery out of the process, allowing managers to understand information and insights, to offer feedback and to use it creatively and with confidence to predict, react to and even foment change. And those GIS professionals have come to realize that there’s a new responsibility associated with their role: measuring its value.
Where once the work of the GIS professional was used as an adjunct to decision-making, it’s now judged on its contribution to the bottom line, justifying itself through the same means as any other expenditure: return-on-investment.
Managers demand a way to justify increasingly capable – and costly – GIS operations. Fortunately, there are a variety of ways to show significant return on investment.
To read the full Earth Imaging Journal “Industry Insights” article in the March/April issue, click here.