Page 189 - Are You Future Ready?
P. 189

Chapter Three - Right Place











                HK3,139 billion), according to research conducted by an
                Australian firm AlphaBeta in 2017. The study was based on

                consumer surveys from across 22 countries in six regions
                and employed a big data analysis of online job postings
                and other analytics. The report also mentioned that the
                total economic contribution of geospatial data should be

                several times higher, “as geospatial services have a myriad
                of other positive effects for society and the environment.”


                Estimating global value by combining data from multiple

                sources is certainly not a precise science. However, the                   187
                above figures clearly show that geospatial data is expected
                to greatly enable the advancement of the economy and
                improve our living standards.



                    Other countries optimise the value of
                                    geospatial data


                In fact, many countries like the United States, Japan,

                Australia, India and Canada all appreciate the strategic
                value of geospatial data, and have well-developed policies,
                laws, standards, and dedicated departments to manage
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