1344 - Explain how the saying "developing data is the largest single cost of implementing GIS" could be true for an organization that is already collecting data as part of its regular operations
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Explain how the saying "developing data is the largest single cost of implementing GIS" could be true for an organization that is already collecting data as part of its regular operations
The value of information (VOI) contained in geospatial data is the difference between the net benefits (in present value terms) of a decision with and without the information.