Geolocation gathers steam
Jinfo Blog
17th May 2010
Item
Any way you look at the metrics, geolocation - after years of waiting in the wings - is finally having its moment. Theoretically it's been possible for quite some time to locate people or computers, using global positioning satellite, wireless, or IP address data. But it's only been in the last twelve months, as mobile computing courtesy of smartphone has moved mainstream and social sharing of "where are you?" data has become commonplace, that geolocation has finally hit its stride. To give a sense of the speed of market growth, one has only to look at Foursquare (http://foursquare.com/.) Launched in March 2009, this Location Based Service (LBS), along with competitors like Loopt (www.loopt.com) and Gowalla (www.gowalla.com), encourage users to self-report their location via GPS-enabled smartphones. What's the incentive? While there is a gaming aspect to it - who DOESN'T want to be the putative 'mayor' of their local pub, as measured by the frequency of check-ins? - the bigger play is hyperlocalized advertising and offers. For instance, Mashable reported today that the 'mayors' of Starbucks in the U.S. will now get discounts on their caffeine fixes (http://digbig.com/5bbpqr). And as Penny Crossland reported in her post on April 12th, FT.com is giving free FT.com subscriptions to users who check in at select sites near universities with prominent business schools. http://www.vivavip.com/go/e28571 Offers like these are fueling the rocket-ship growth of these location based services. Foursquare announced in May that it had achieved its 40 millionth check in - up from 22 million just one month earlier. An April New York Times article reported that Gowalla had 250k users with a month-over-month growth rate of 65% (http://digbig.com/5bbpqt). Not surprisingly, established social networks like Facebook and Twitter are clamoring to include geolocation data within their platforms, and that could mean a shakeout for LBS vendors. In December 2009 Twitter acquired Mixer Labs, which had a "places finder" service, and Google acquired mobile advertising platform AdMob for US$750 million. This article from eMedia Vitals provides a clear overview of what goes on behind the scenes to capture geolocation data ( http://digbig.com/5bbpqw). If geolocation isn't part of your B2B information vocabulary yet, rest assured it will be - and soon.About this article
- Blog post title: Geolocation gathers steam
- Link to this page
- View printable version
What's new at Jinfo?
Vendor adoption of AI
Community session
23rd May 2024
AI prompting and AI-sourcing, US private companies, and Jinfo on YouTube
Blog posting
10th April 2024
April 2024 Update
YouTube video
10th April 2024
- AI prompting and AI-sourcing, US private companies, and Jinfo on YouTube
10th April 2024 - AI practical actions, prompting and outsourcing
6th March 2024 - GenAI and ESG wisdom of the Jinfo crowd
13th February 2024
- Jinfo Community session (TBC) (Community) 16th July 2024
- Jinfo Community session (TBC) (Community) 20th June 2024
- Vendor adoption of AI (Community) 23rd May 2024
Learn more about the Jinfo Subscription