You may have already come across mobile ATM machines in supermarkets, airports etc. A few players share this limited market.
Their business is relatively simple: clients taking out cash pay an additional commission, which then pays the operator of the ATM. The latter incurs two principal costs: the rent of location occupied by the ATM and the costs associated with maintenance and restocking.
The fundamental problem to be solved is this: how does one identify the location that will guarantee the largest amount of foot traffic?
For a long time now, research into potential such locations has been limited to…
- Oknoplast, a giant of the window and door manufacturing world, has had its sights set on Spain for a while, but has changed its expansion strategy at the last minute. Instead of building up its own sales network in the country, it has grabbed the bull by the horns and acquired Ampuero Industrial Group, the second biggest window manufacturer in Spain. It certainly isn’t wasting any time, and this is the first time the company has entered a new market through the acquisition of a company present there. …
- With the increasing focus on renewable sources of energy, those that provide them will be more in demand than ever before, and Hansesun is well aware of this. That’s why Vorarlberg’s largest provider of solar panels has founded companies in Switzerland and Germany together with local, well-established partners, and will do the same in Liechtenstein very soon. It has already installed 1000 systems, enough to supply 3000 single-family homes for a year, and aims to become the market leader within a 50–70 kilometre radius of each branch. A tough ask, but with every conversation about climate change…
- Nobody likes seeing food go to waste, and despite being repeatedly told to only take what they can eat, people still throw enormous quantities away. Too Good To Go is trying to change this. Having raised nearly 26 million euros from investors the company, whose app allows users to buy food for a cheap price that would otherwise go to waste and is used by over 30 million people, wants to expand in the USA, where it’s already present in New York and Boston. 40% of produced food in the USA is wasted, so the company has…
- When it comes to starting one’s morning off with a bang, coffee is the default choice. Its popularity has never faltered and one would be mad to suggest it ever will, and this certainty fills the big players of the coffee with confidence. And Sucafina, a Genevan coffee trader, is expanding to Britain where it’ll take over the majority of Complete Coffee’s operations, a supplier for Costa Coffee. This should come as no surprise, since the Genevans have been strongly expanding recently, with new branches opened in China, Indonesia and India. It has also bolstered its North…
- The need to find renewable and sustainable sources of energy keeps growing year on year, and Enercon and EWE have joined forces with the goal of becoming the market leader for onshore wind energy in Germany. They also have big plans to conquer the French market and expand internationally and, having published a letter of intent in the spring, put pen to paper last week. Both will hold 50% of all shares, and a total of 4 billion euros of investments are planned by 2030. Combining their wide range of resources looks to be a masterstroke, and…
- There’s no doubt that as countries strive to reduce greenhouse gas emissions and save the planet, the popularity of electric cars will continue to grow, and Xpeng is one of the many companies out there looking to hop on the eco-friendly bandwagon. Founded in 2015, it has sold over 20,000 cars this year, 87% more than last year, and it now wants to conquer Europe. It’s kicking things off in Norway, where there is a high demand for e-mobility, and aims to target countries with advanced e-car infrastructure and a particular interest in e-mobility in the future…
- Imagine an Uber that could fly — it seems ridiculous doesn’t it? However, Lilium wants to be the market leader in air taxis, and has announced its US expansion plans — it will build a network around Orlando, with the site in Lake Nona. As Lake Nona is central, more than 20 million Florida residents will be connected within a radius of 300 kilometres. By car, it would take 4 hours to get to Miami, which is at the edge of this radius; on a Lilium flight, just 1. Gone are the days of saying ‘my Uber…
Symaps is an AI-powered location platform that helps you find the best locations for your business.
Our team of experienced data scientists gathers, processes, analyzes, and models large volumes of raw multidimensional data (public and private) to distill it into practical, easy-to-use, and visually-appealing map-based insights.
Symaps’s technology has the ability to compile and enrich different types of large datasets for usage in deep geospatial analysis. Adding many sources of geospatial datasets to a smart map makes it possible for you to to analyse a location in depth.
We typically work with 3 different datasets: premium data, public sources and…
Working remotely is the new norm — perfect if you value those extra minutes in bed. Its popularity had already been growing with every tech advancement, but with the Covid-19 pandemic, it has exploded.
Nearly a fifth of the world works remotely on a full-time basis. 99% of them want to continue. 90% would recommend it to a friend. One can save up to over $5,000 a year. The world of work is changing drastically, and doesn’t look like stopping anytime soon. Indeed, by 2028, 73% of teams will have remote workers, and nearly three quarters of companies plan to…
Symaps
Symaps finds the best locations for businesses looking to expand and open up new retail outlets.
