Localise, a local- and regional-level population profiling and segmentation tool developed by DJS Research Ltd, is pleased to announce a partnership agreement with the Chartered Institute of Public Finance and Accountancy (CIPFA).
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The new tool, which utilises localised census data to create detailed segmentation profiles for populations, can be utilised by both public sector bodies – such as local authorities – and private sector companies such as retailers. It is thought that Localise will be of immediate value to local authorities seeking to rationalise their capital and assets management and cut expenditure on resources which are not currently serving the correct people in the best ways.
In the private sector, applications for the product include targeted marketing campaigns, and detailed local consumer demographics for retailers looking to construct new outlets.
David Brindley, who will lead the Localise initiative within CIPFA Property, championed the tool as a source of good data which is vital to good asset management:
“CIPFA Property has been associated with promoting good asset management for over 13 years and our advisors are acknowledged experts in this area. The use of good data is vital in the decision making process and CIPFA Property is pleased to be working in partnership with Localise to enable Authorities map their assets alongside customer profiling to give a real picture of where services need to be provided.
“This will ensure a more robust decision process can be put in place in respect of Asset Rationalisation.”
Speaking about the partnership with CIPFA, Alasdair Gleed – the Research Director who will be heading up the project at DJS Research Ltd – had the following to say:
“That an organisation such as CIPFA understands the value of Localise is a huge vindication of the time and resources we have put in to the technique. For a long time, we have worked with numerous clients who appreciate the value that profiling can have but are frustrated by the limitations of tools which currently exist to do this. Localise solves these problems and should lead to a far more accurate, and thus more useable, set of profiling data for local areas.”
For more information on Localise please email localise@djsresearch.com or call +44 (0) 1663 767 857.