Loqate, a Geocoding Engine, Parses and Verifies Addresses

In todays world almost all data comes with location information. Smartphones add a GPS location, computers add IP addresses and other processes also come with address information. CRM systems have address information, product delivery comes with address information and the vast amount of new Location Based Services use address information to deliver a unique experience. All these services exist by the virtue of correct address quality.

Loqate claims to be the world’s most complete global geocoding engine, enabling a latitude-longitude co-ordinate to be added to any address to ensure quality. Loqate offers a combination of address capture, verification and geocoding for all countries in the world. Loqate offers several different products, but all of them use the Global Knowledge Repository that contains the definitive address and geographic references for all countries in the world. Developers can use this data and easily integrate in in their own applications. This Cloud / SaaS offering is available since spring 2012.

They have developed several products to parse, standardize, verify and clean address data from all over the world. Each address can receive a latitude-longitude coordinate so the address can be and entered into Geographic Information Systems or used in Location Based Services. In addition Loqate is capable of transliterating different alphabets to Latin. They can map between both native and Latin character sets, making all addresses in any script readable and understandable. It supports data in any UTF8 language. Loqate is especially useful for e-commerce, CRM or call centre applications.

The company was founded in 2009 by CEO Martin Turvey, and CTO Paul Flew and has since partnered with leading vendors in the industry such as Dell, Microsoft, IBM and Oracle among others. They have not won any awards and no patents (pending), but the partnerships with the leading vendors are an important asset. With the global Location Based Services market experiencing a strong growth, and expecting annual revenue of > $ 10 billion in 2015, the opportunities for Loqate to keep on growing are very strong. Therefore, we give them a 6 bits rating.