Value of location data to be unlocked by government investment

The Geospatial Commission is to invest £5 million to help unlock the value of geospatial data held by its six expert Partner Bodies – the British Geological Survey, Coal Authority, HM Land Registry, Ordnance Survey, UK Hydrographic Office and the Valuation Office Agency.

Location information, or geospatial data, is changing the way we see the world and live our lives – from helping us to avoid traffic jams to easily finding local services or deciding where to buy a house: through cutting edge analysis of GPS, satellite photography and historical data.

The work of the Geospatial Commission, supported by £40 million of new funding in each of the next two years, will drive the move to use this data more productively – unlocking up to £11 billion of extra value for the economy every year.

David Lidington, Chancellor of the Duchy of Lancaster said:

Our modern Industrial Strategy will secure Britain’s position as a world-leader in digital innovation and this government is committed to providing more opportunities for tech businesses – including small firms – to thrive, as well as access public procurement opportunities.

Through emerging technologies, our Geospatial and GovTech funding will elevate British companies onto a global market and help to deliver new services to improve people’s lives.

Geospatial data is an increasingly valuable tool for businesses and public sector organisations, helping them to make better decisions. That could range from tackling crime hotspots or finding the quickest routes for emergency services to deciding where best to locate supply chains.

An initial investment in 2018-19 will fund delivery of 4 exploratory projects:

  • Data Discoverability – assessing and improving access to current data sets
  • Linked Identifiers – supporting users to bring different data together in valuable new ways
  • Licensing – working towards simple, common licensing terms to increase data use
  • Enhancing core data assets – using third party data to improve the quality of data and make its collection more efficient

More information can be found on the website.


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