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Unleashing Business Potential: Harnessing OpenStreetMap for Intelligent Growth and Sustainability
Abstract
The economic value of green spaces and their enormous potential can positively impact both community development and business growth. This chapter explored the value of OSM data especially green space data for business development. Strategic investment in parks and other green spaces has positive effects on the environment as well as the economy. Integration of OSM data with other essential datasets can provide businesses with useful tools for utilizing green spaces. OSM improves client segmentation, market analysis, and distribution channels, promoting sustainable business practices. OSM can also help in developing revenue strategies, discovering competitors, and optimizing logistics. When used in business growth, OSM green space data offers a variety of alternatives, from site selection to eco-friendly campuses, eco-tourism, and conservation projects. Additionally, OSM data encourages civic participation, ecological regrowth, and eco-aware consumer marketing.
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