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What are the technology trends and business directions in geospatial industry?

As we usher in the fourth industrial age, the geospatial industry ecosystem is leveraging and enhancing its value to larger IT and engineering industries. We are living in the digital age, in which the ‘where’ dimension has become fundamental to numerous industries such as retail, IT and insurance. From automation to artificial intelligence, Internet of Things, Big Data to customization of apps and digital services, the sheer speed of technological change has made traditional business practices outdated, if not irrelevant. Due to constant disruption, the business models that have lasted for decades are now undergoing transformations. To open up new revenue streams, the CEOs of today must transform the legacy business models. The Geospatial World annual survey of 100+ CEOs and industry leaders from across the ecosystem throws up some interesting insights.