Question

Geographic Information Systems (GIS) tools have made significant contributions to decision-making in finance, accounting, marketing and business intelligence (BI). Describe some of the various processes that the utilization of a GIS enhances.

Answer 1

Geographic Information Systems (GIS) are the powerful tools that are utilized by business organizations. It helps in decision making process and it can be used by any business or industry.

GIS takes the real world raw data and analyze it, build into a model by applying some operations and gives the output data. It collects the data from different areas and it can store the large amounts of data.This collected data is modelled, analyzed with some patterns to give the accurate data.

GIS are used in many fields like finance, marketing, accounting, business intelligence etc.. The processes which enhances the utilization of GIS systems are following as :

• Mapping : Mapping is the process of representing geographical data visually. The Geographic Information Systems are used in mapping different locations. It stores the locations of new places on earth in a database. It collects that data and analyze it to modelled into a visual representation of a geographic map that shows the locations. Many industries or organizations used this maps to communicate or for different purposes. So for creating or mapping of different locations , GIS utilization is increased.
• Networks : GIS systems are more untilized in implementing networks. Network is a process of creating wireless communication path. It allows the people to communicate with each other from anywhere.
• Business processes : GIS utilization is increased in business processes like decision-making process, querying etc. This GIS systems are more utilized by business organizations to use the information provided by the GIS systems and to take perfect decisions about business ideas.
• Data analysis : Data Analysis is a process of analyzing data. For this process, the utilization of GIS is more increased because GID analyzes the data who means it collects the data and examine the data. From this , a new accurate data is received as output.
• Data modeling : Data modeling is a process of model the data. In this process, GIS's are more utilized because it format the raw data into a particular model that means it formats the data in a structure.

Therefore, Geographic Information Systems are more utilized in different areas for different purposes.