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Assessing the business impact of location based services

Published 1 January 2004
B. Parvatheeswara Rao, Louis Minakakis
Citations20

TL;DR

This paper describes developments in the area of LBS, and proposes a model to address customer experience issues in this domain, and describes the types of revenue models and niche applications that might be profitably targeted by LBS providers.

Abstract

Location based services are a growth area for service providers looking to fulfil new customer needs, and network operators looking to augment their revenues. While the idea of using information about customer location to deliver focused services may be extremely appealing, there are significant risks and challenges to be faced. In addition to the technical hurdles, understanding and catering to customer experience is critical for success. In this paper, we describe developments in the area of LBS, and propose a model to address customer experience issues in this domain. In particular, we describe the types of revenue models and niche applications that might be profitably targeted by LBS providers.

Keywords

Computer ScienceDecision SciencesBusiness, Management and Accounting