A report commissioned by Ordnance Survey Ireland (OSi) and carried out by Indecon International Economic Consultants estimates that the geospatial information industry directly contributed €69.3-million (Gross Added Value) to the Irish economy in 2012.
According to the report, the industry generated sales valued at €117.5 million in 2012, and spent a total of € 84.4 million on salaries of 1,677 full-time equivalent persons who were directly employed by the industry. The industry supports the employment of 3087 people.
The geospatial sector had an economy-wide impact of € 126.4 million. Furthemore, the estimated economic value of annual time savings through the use of geospatial information is € 279 million.
The report also found the use of geospatial information saved the public sector €82 million per year in administrative costs in both local and national government.