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Prospecting for Profits
with GIS
Northwest-Seattle Chapter of TDWI
June 3, 2015
Greg Babinski, MA, GISP
Finance & Marketing Manager
King County GIS Center
URISA Past-President
GIS Management Institute® Past-Chair
Summit Founder and Past Chief Editor
REI: 77528
What is GIS & what does a GIS do?
GIS combines geographic theory, spatial analysis, and
geospatial technology to help society manage the
Earth’s finite space, with its natural resources and
communities.
‘Geographic Theory?’
 Maps can represent the real world
 Space is finite, which gives property value
 Features are distributed systematically across the
earth’s surface
 Getting from point A to point B takes time, and time
is money
5
GIS – Fool’s Gold – or Real ROI?
Assay offices are
institutions set up to
assay (test the purity of)
precious metals, in order
to protect consumers.
.
The U.S. Assay Office in Seattle
operated 1898 to 1955
But how do we assay the
value of GIS or of any
information technology?
8
The Geospatial Revolution in King
County (2013): 4,600+ GIS Users
Cost to develop, implement, operate and use
KCGIS from 1991-2011: $215,216,830
AN ANALYSIS OF BENEFITS FROM USE OF
GEOGRAPHIC INFORMATION SYSTEMS BY
KING COUNTY, WASHINGTON
-Prof. R. O. Zerbe
http://tinyurl.com/kcgisroi
GIS delivers significant ROI for King
County:
$776 million in net financial benefits
from 1998-2010, and $87-180 million
in 2010 alone.
THE ECONOMIC
CONTRIBUTION OF
ORDNANCE SURVEY GB
(1999):
Oxford Economic
Research Associates Ltd
Spatial information in the New Zealand economy (2009):
ACIL-Tasman Consulting
The value of Danish GIS address data (2010): COWI A/S
The value of Spatial Information in the Australian
Economy (2008): ACIL-Allen
Google [in 2013] published an
Oxera report that estimates the
revenues from global Geo
services at $150 billion to $270
billion per year.
For context, these findings
suggest that this growing
industry is already larger than
estimates of the size of the video
game industry, and generates
around one-third of the annual
revenue generated by the airline
industry.
Canadian Geomatics
Environmental Scan and
Value Study (2015): ACIL-
Allen, ConsultingWhere,
Fujitsu, & Hickings Arthurs
Low
your data
What is GIS & what does a GIS do?
What is GIS & what does a GIS do?
For more information please contact:
Greg Babinski, MA, GISP
URISA Past-President
GIS Management Institute Past-Chair
Finance & Marketing Manager
King County GIS Center
(206) 477-4402
greg.babinski@kingcounty.gov
www.kingcounty.gov/gis

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Prospecting for Profits with GIS

  • 1. Prospecting for Profits with GIS Northwest-Seattle Chapter of TDWI June 3, 2015 Greg Babinski, MA, GISP Finance & Marketing Manager King County GIS Center URISA Past-President GIS Management Institute® Past-Chair Summit Founder and Past Chief Editor REI: 77528
  • 2. What is GIS & what does a GIS do?
  • 3. GIS combines geographic theory, spatial analysis, and geospatial technology to help society manage the Earth’s finite space, with its natural resources and communities. ‘Geographic Theory?’  Maps can represent the real world  Space is finite, which gives property value  Features are distributed systematically across the earth’s surface  Getting from point A to point B takes time, and time is money
  • 4.
  • 5. 5
  • 6. GIS – Fool’s Gold – or Real ROI?
  • 7. Assay offices are institutions set up to assay (test the purity of) precious metals, in order to protect consumers. . The U.S. Assay Office in Seattle operated 1898 to 1955 But how do we assay the value of GIS or of any information technology?
  • 8. 8 The Geospatial Revolution in King County (2013): 4,600+ GIS Users Cost to develop, implement, operate and use KCGIS from 1991-2011: $215,216,830
  • 9. AN ANALYSIS OF BENEFITS FROM USE OF GEOGRAPHIC INFORMATION SYSTEMS BY KING COUNTY, WASHINGTON -Prof. R. O. Zerbe http://tinyurl.com/kcgisroi GIS delivers significant ROI for King County: $776 million in net financial benefits from 1998-2010, and $87-180 million in 2010 alone.
  • 10. THE ECONOMIC CONTRIBUTION OF ORDNANCE SURVEY GB (1999): Oxford Economic Research Associates Ltd
  • 11. Spatial information in the New Zealand economy (2009): ACIL-Tasman Consulting
  • 12. The value of Danish GIS address data (2010): COWI A/S
  • 13. The value of Spatial Information in the Australian Economy (2008): ACIL-Allen
  • 14. Google [in 2013] published an Oxera report that estimates the revenues from global Geo services at $150 billion to $270 billion per year. For context, these findings suggest that this growing industry is already larger than estimates of the size of the video game industry, and generates around one-third of the annual revenue generated by the airline industry.
  • 15. Canadian Geomatics Environmental Scan and Value Study (2015): ACIL- Allen, ConsultingWhere, Fujitsu, & Hickings Arthurs Low
  • 17. What is GIS & what does a GIS do?
  • 18. What is GIS & what does a GIS do?
  • 19. For more information please contact: Greg Babinski, MA, GISP URISA Past-President GIS Management Institute Past-Chair Finance & Marketing Manager King County GIS Center (206) 477-4402 greg.babinski@kingcounty.gov www.kingcounty.gov/gis