At dataPlor, we know that the best way to gather data and insights on emerging market small businesses is in person. We sent our general manager in Guadalajara out on a mission to understand how hyperlocal businesses communicate with customers and potential business partners and suppliers.
Companies doing business in emerging markets face a major problem: a lack of reliable business data. Fortunately for global companies, a new tool is available to make speedy data collection and verification a reality. No matter your industry or location, this tool brings light to a previous dark void of information: emerging market small businesses.
What do you do when you need first-hand information from hard-to-reach places? When a large mapping company needed data on Electric Vehicle Charging Stations (EVCSs) in Mexico City, direct from the source, dataPlor gathered the necessary insights quickly with zero error.
Los Angeles based data startup dataPlor has been selected to join the 10th Cohort of Blue Startups, a Top 20 US Accelerator. Blue Startups invests in technology-based companies that can scale fast and have global market potential, with special expertise in Asian markets.
Dataplor’s CEO and Founder, Geoffrey Michener, has been selected to attend Wolves Summit as a featured start-up guest and speaker.
For the past several years, most reputable research firms and consulting groups have echoed the same piece of advice for CPG companies: Invest in Emerging Markets. When reading through the“ “forward looking trends” compilations from these think-tanks, many consider it the most critical pillar for revenue growth.
DataPlor’s founder Geoff Michener spoke at Street Fight Summit West last week about redefining how companies approach emerging market local business data and why it matters. Dataplor was featured as an up and coming startup along with five other companies disrupting their industries and solving big problems in innovative ways.
At dataPlor, we know that emerging markets are one of the best places to look for revenue growth. Economic growth is decelerating in developed countries, venture investment is going down, and competition is high in most industries.
One industry on track to experience high growth insync with the economic trend of emerging markets is mobile payments. Specifically the kind that attach to smartphones—Mobile Card Readers (or MCRs). According to Technavio Research, the MCR market will grow 54% from 2017 to 2021, largely supported by growing economies in LATAM, Southeast Asia, and Africa.