NEA 0.24% $2.08 nearmap ltd

Its now about "Intelligence"

  1. 573 Posts.
    lightbulb Created with Sketch. 262
    Hi all,

    Ok...who noted the new term..."global location intelligence"? This is the first time NEA has walked this out and it is important, very important.

    Way back in April '16, I postulated...

    "...the Aussi visual analytics market is not really what NEA's value proposition is about. It's US/global...but more and more it'll become a proposition about Big Data valuations. Who owns the biggest/best data sets."

    But the real HUGE value-add is what one can do with that data. The analytical algorithms that can be derived and added to that data, combined with external data sets can provide incredible intelligence and insights; so much more than mere visual analytics.

    So, when RN says yesterday,

    "....rapid insight from that data is the next step in our evolution. We have been doing some early stage R&D with a small group of internal data scientists to determine how such a technology can bring greater value to our content....Literally moving us from data, to insight."

    I got really excited.

    This. Is. Blue. Sky. Big.

    Cheers,
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.