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An Update on Global Geospatial ROI Studies
GIS-Pro 2013 Tuesday, September 17, 2013
Providence, Rhode Island
Greg Babinski, MA, GISP URISA Past-President URISA GMI Committee Chair COGO Secretary Finance & Marketing Manager King County GIS Center Seattle, WA USA
An Update on Geospatial ROI Studies
Cost-Benefit Analysis and Return on Investment Overview
An Update on Geospatial ROI Studies Outline
Cost-Benefit Analysis and Return on Investment Overview
The Importance of ROI
Estimating ROI for GIS
Documenting ROI from GIS
Important Recent GIS ROI Studies
Future GIS ROI Plans
GIS ROI and the URISA GIS Management Institute
An Update on Geospatial ROI Studies Cost-Benefit Analysis and Return on
Investment Overview
Return on investment (ROI) is the concept of an investment of some resource yielding a benefit to the investor. A high ROI means the investment gains compare favorably to investment cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. In purely economic terms, it is one way of considering profits in relation to capital invested. (Wikepedia)
An Update on Geospatial ROI Studies Cost-Benefit Analysis and Return on
Investment Overview
Cost-Benefit Analysis and Return on Investment Overview
An Update on Geospatial ROI Studies The Importance of ROI
To allocate finite resources to generate the best financial benefit
To determine if an investment will have a financial benefit at all
To compare alternate investment options
To prioritize investment options
To compliment other investment decision considerations:
Legal mandates
Political considerations
Non-financial effectiveness or capbility
An Update on Geospatial ROI Studies Estimating ROI for GIS
A common business tool to justify a project
Should be developed with (by?) the business process owner
An Update on Geospatial ROI Studies Estimating ROI for GIS
A common business tool to justify a project
Should be developed with (by?) the business process owner
An Update on Geospatial ROI Studies Documenting ROI from GIS
Landmark New Zealand Study in 2009
2012 King County GIS Center Study
An Update on Geospatial ROI Studies Documenting ROI from GIS
2012 King County GIS Center Study
An Update on Geospatial ROI Studies Documenting ROI from GIS
2011 ACIL Tasman Study: GIS for the Australian Economy
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
2011 ACIL Tasman Study: GIS for the State of Tasmania Economy
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
2010 ACIL Tasman/ConsultingWhere Study: GIS for Cities and Towns in England and Wales
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
An Update on Geospatial ROI Studies Important Recent GIS ROI Studies
UW/URISA Latitudinal ROI Study:
12-15 medium sized jurisdictions in the Pacific Northwest
Analyze and compare agency and GIS metrics
Research causes for variations in ROI
Possible URISA GIS ROI Seminars at 2014 Geospatial World Forums in Dubai, Hyderabad, and Geneva
Possible UW/URISA GMI collaboration offering GIS ROI services
An Update on Geospatial ROI Studies Future GIS ROI Plans
An Update on Geospatial ROI Studies Published Resources
Greg Babinski, MA, GISP URISA Past-President URISA GMI Committee Chair COGO Secretary Finance & Marketing Manager
King County GIS Center 201 South Jackson Street MS: KSC-IT-0706 Seattle, WA 98104 USA P: 206-263-3753 F: 206-263-3145 E: [email protected] T: @gbabinski W: www.kingcounty.gov/gis
