The Role of Geospatial Data in Data Economy

This work is a pre-study, and it is intended to produce a report under the guidance of the Ministry of Agriculture and Forestry (MAF) about the role of geospatial data in data economy, especially in a Finnish context. The aim was to review the state-of-the-art and needs regarding geospatial data and positioning in today’s data economy as well as the impact of geospatial data and positioning. Geospatial data has an important role in data economy. The report delves into the technical aspects of data, unveiling the untapped potential of its value and the cross-disciplinary role it serves in multiple industries. Furthermore, the report emphasizes the synergistic-sustainability potential geospatial data has for addressing climate impacts and facilitating more precise environmental monitoring. The subject is multidisciplinary, and therefore it was logical to include a wide variety of perspectives in the report. According to the review of literature and an illustrating case study, there is a need for many kinds of further research related to geospatial data connected to more precise Earth observation, pervasive positioning solutions, value and use of geospatial data in decision-making and resource allocation, measuring the value as well as customizing services and products related to it. The research related to competences needed to use the data, improvement of the use of data as well as the use of environmental performance indicators is needed too