Blog Business, Economy and Finance in Vancouver BC
Indoor mapping technology or indoor positioning systems are the next big thing. They help us to find our way inside complex buildings, saving us from the trouble of getting lost and finding our way. Hospitals, shopping malls, airports and all other big buildings are mapped which can be used by common people via their smartphones.
All this seems like a dream come true. A personalized map, which guides you in the right direction to reach your destination from your current location? Not only does it help you reach your desired destination, but also helps you find your way inside. Too good to be true, isn’t it?
A large number of apps are offering indoor navigation features and are gaining popularity. These apps provide additional features such as helping to plan marketing campaigns and emergency responses.
However, though indoor mapping technology is becoming quite popular, there are a number of challenges that makes it hard to achieve.
Firstly, the Global Positioning System or GPS which is used by the indoor navigation systems to determine the position of a person does not work well indoors. Though some GPS chips can get signals from satellites even within buildings, these are usually obscured by walls, roofs and other objects. This makes the GPS inaccurate and sometimes the error can range outside the building itself. Providing inaccurate data results in failure of the technology as people have no use for data which is not reliable.
Another challenge faced by indoor positioning systems is that though it can detect the position of a person or object, it can seldom determine the orientation and direction faced by the object. This becomes a problem when the application does not know which direction the user is facing and is unsure whether it has to give instructions like “go straight” or “turn right”. This problem can however be resolved by using devices like an orientation sensor or the like to receive the information about the user’s orientation and direction.
A bigger problem than the two mentioned above is that indoor navigation systems require indoor maps. Mapping the indoors of a large shopping mall or a big grocery store with many aisles can be difficult. Imagine mapping hundreds and thousands of stores and buildings like that within a city. There would be millions of such indoor maps to be created for a state or a country. This can prove to be an enormous task. An option is to crowdsource the mapping of some private buildings.
Also, these applications need to integrate with dynamic data. For example, if in a University, an Economics class is taking place in a different location today, then the app needs to know this information in order to direct the student to the right class. Though this seems like a bit far-fetched, the more dynamic information an app contains, the more useful it is. Despite of these challenges, companies like Jibestream are working day and night to make navigation more easier for us.
Indoor positioning systems are not only possible, but already happening. This is not just a research project or an idea anymore; it is already being used in many places and developed vigorously for the untouched places. It can be quite a hard journey, but aren’t all great things difficult to achieve?
Real estate has always been the golden goose for investors. Unless there is a major downturn, this is one sector where any investor will reap profit. If you are looking for investment options that will enable you to multiply your investment manifolds within a short span real estate is the sector you should look into. However, fact is, the sector is quite diverse with a large number of options. So, which is the best real estate sector to invest in? if you do not shirk away from risks, commercial property is the right sector for your investment.
Commercial properties rule
Commercial properties have always been one of the highest profit grossing sectors. The return on investment has been found to be more than three times the return on investment in residential properties at same location. While the exact profit percentage cannot be estimated, it can be said that an investment in commercial property in a city with booming economy has definite advantage over investment in any other city. Depending on factors like the location, available amenities, transportation, importance of the city in terms of commercial growth, and stage of development of the city infrastructure the value of the commercial property will vary and so will the rate of increase in value.
Commercial properties and its types
Commercial property refers to any property which is meant for any business activity. This encompasses quite a large segment of real estate. This is why commercial properties have been further categorized into few other parts –
The above examples must have cleared the meaning of the various types of commercial properties. These commercial properties do not generate similar ROI. Depending upon the location and the purpose various types of commercial properties have differential ROI.
Which are the best commercial properties to invest in?
The big question now is that which is the best investment option when it comes to commercial properties? While each has their own advantage, we can draw up a general chart depending upon the overall trend. We will take into consideration the trends which have been prevalent in the major metropolitan cities.
The final investment will certainly depend upon your choice and availability of fund. However, before making any decision, do consult commercial property investment experts like Altus Group. They will guide you into taking the right decision.
Technology has become the world’s large shoulder to lean on. We rely on technology for everything. Technology influences just about every cornerstone of the way we live; whether it’s the routine and mundane, or complex tasks that we tackle at work. Technology is everywhere because it provides us with a means to simplify and make things more efficient. While there are several great examples of technology one of the very best examples would be the Microsoft Excel program. While this program was developed quite a while back it hasn’t changed the impact it has on businesses on a worldwide scale.
There is a large reason that knowledge of this program is required to work in several businesses, it’s an incredible tool. Here are a few key reasons excel is such an important program to businesses:
Many businesses rely strictly on numbers. Numbers are something that requires only an explanation as to where they came from. Numbers present clear-cut facts and allow businesses to discover trends. Trends are stepping-stones toward successful business. Being able to readily identify something that is having a positive or negative impact via numbers allows a business to identify growth opportunity, or loss prevention in the most efficient manner possible.
Excel has the ability to import from various sources including other spreadsheets, copy and paste, and even database files. Further, they allow you to organize the data into tables (Pivot tables is a popular choice) that allows easy manipulation of the data. To learn more about data imports and manipulation, check out this useful guide.
With the continued development of technology, and consistent reliance on smart devices, excel has evolved with modern day preference. The newer versions of the excel program can be accessed via these devices allowing users to have access to important information while on the move, and have the means to put it into effect as needed. You can purchase the latest version of Excel as a standalone software or buy it as a bundle with Microsoft Office which includes other software such as Word and Powerpoint. You can buy it directly from Microsoft or from a reputable verified reseller like SoftwareKing.
The number one thing that excel is known for is the charts that it can create. With a mixture of different options available at a users fingertips the ease to make several key choices on a chart is as simple as a few clicks. A few examples are:
In other situations there are various formulas that can be plugged into the graphs to target a particular need, something such as an average number over a course of time. Excel charts are easy to put together, and even more importantly, easy to read over.
Excel has established itself as an iconic business software. It’s easy to use but hard to master style software allows it to be powerful in the hands of an expert but still extremely useful even when used by an amateur. It’s set itself as one of the most important business software that is used globally to improve business efficiency, organization, and effectiveness. At this point, it’s hard to ever imagine anything that will replace Excel, with massive budgeting and improvements year after year I think it is safe to say it is going to be around for a very long time.