Spectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide an actionable, defensible plan of action. Ultimately, this enables users to know a projected Internal Rate of Return (IRR) before making capital decisions.
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Toad Data Point
Score 7.9 out of 10
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Toad Data Point is a cross-platform, self-service, data-integration tool that simplifies data access, preparation and provisioning. It provides data connectivity and desktop data integration, and with the Workbook interface for business users, it provides simple-to-use visual query building and workflow automation.
As previously mentioned, as long as the web platform works, the software is quite useful. However in places or areas where the platform operates with low standards (poor reception signal), the versatility and usefulness of the program decreases considerably. This type of problem in developed countries probably does not occur, or if it occurs it does very infrequently. But in non-developed countries, the frequency of occurrence can be a factor to take into consideration when choosing an program based exclusively on a web platform.
Toad Data Point is the clear tool of choice if the end-user is interested in reports that are relatively simple to build using SQL code and export to Excel. It is less useful if the analyst also needs to run statistical models on the data and visualize the data for those functions I usually use RStudio or Jupyter Notebook which incorporates those features much more seamlessly.
It allows us to visualize data with extreme ease, through maps and graphs, patterns and tendencies.
This visualization allows, in turn, to make decisions more quickly and with a greater amount of information than what a good part of software of the same nature allows.
Being a web-based platform can, in some cases, be counterproductive, especially in areas where internet and satellite coverage are of low quality or are not available, such as jungle areas.
The results obtained, in most cases, need to be interpolated, in order to completely characterize the study area.
The interpolation functions are those that are typically used in commercial software used in this area of study, and have the same limitations. When using it I have not found any novelty regarding this.
I find Toad Data Point easy to use for both the novice and the experienced business analyst. If all you desire is to access data and create spreadsheets...this is a snap. Toad Data Point actually has cool data analysis features built into it. The newer workflow interface makes automating steps a snap
In comparing GeoInsight to other products, I will not be of much help since this software is, as far as I know, almost exclusively used in activities related to the financial world, rather than geographical. That is why it is usually included in software of the AML (Anti-Money-Laundering) type. My interest in the program was to see its capacity for data storage and practical utility to facilitate decisions, compared to other software but more linked to geographic information (GIS software).
TOAD excels at connecting to divergent data sources, but appears geared more to DBAs than to regular query users. Microsoft's offerings excel against Microsoft SQL Server, but sometimes struggle with other data sources. However, SSMS and vs code excel at many developer productivity/workflow enhancements. vs code, in particular, has a lively extension system that allows it to be tailored for development/querying/model building/etc. That flexibility comes at a cost - the learning curve is steep for new users. The tradeoff between complexity and power may not be good for some environments/users/situations.
The use of the software allowed the minimization of activities associated with logistical support to field staff. That reduced the time associated with these activities by about 15% of the initially estimated time.
The aforementioned reduction translated into decreases in expenditures in the order of $ 2000 / day.
It is the least common denominator - not particularly optimized for our environment or workflows.
Hangs or slowdowns add anywhere from 5% - 7% for projects utilizing large/complicated data setts. (This could be due to other IT-imposed constraints and not entirely due to TOAD.)
Trying to perform some operations requires reading documentation and experimenting in order to figure out the TOAD-specific approaches and commands.
It just works (when we understand it). Updates don't break things and things don't suddenly start behaving differently. Best of all, we don't mysteriously lose functionality.
