September 17, 2012
Redlands, CaliforniaWall Street Network (WSN), a technology solution provider located in New York City's financial district, has licensed Esri's GIS technology to extend its location intelligence solutions to organizations in risk management, marketing, and logistics. WSN plans to incorporate ArcGIS Online to broaden access to the software's easy-to-use analytic tools, which mash up business and spatial data in executive dashboards.
"The robust architecture of the Esri software allows us to build better products quickly, so we can focus on solving business problems and delivering users new perspectives," said Kristina Mazelis, chief operating officer (COO) and chief financial officer (CFO), WSN. "We can remove the complexities of working with spatial data and provide our clients with the extensive discovery, collaboration, and analysis tools they need in their businesses."
ArcGIS Online is a cloud-based platform that offers businesses the ability to create interactive maps and applications that can be shared with knowledge workers anywhere. The collaboration requires no installation or setup. Maps and applications that WSN creates can be quickly embedded in workflows so that content created by one user can easily be shared with others. People inside and outside the organization can view and interact with maps and perform analysis on smartphones, tablets, and notebooks as well as the traditional office desktop.
Using this solution, WSN continues its tradition of quickly creating user-friendly software.
"The first application we created was for insurance, and it was up and running in a matter of weeks," said Mazelis. "We wanted to provide customers with tools to easily view and understand their policies by location to see how they are affected by risks such as hurricanes and tropical cyclones. We needed to do this before hurricane season hit. Selecting Esri ensured we could do just that."
Reduced time to market and improved development agility provide considerable benefit to WSN staff and heavily influenced the choice of GIS platform.
"Using ArcGIS Online, WSN can also expect to pass these benefits and ROI [return on investment] on to its clients," said Simon Thompson, global director of commercial solutions at Esri. "They'll enjoy lower entrance and ongoing costs due to cloud and web-based systems. The solution is going to deliver higher and faster returns, because everyone can access it anywhere. That knowledge will be easily absorbed into the company and make a huge difference to the bottom line."
For more information on how Esri technology helps businesses around the world, visit esri.com/business.
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