Websites using Loqate

Okay, let s break down Loqate, covering its overview, revenue, alternatives, pricing, and customer care.

Loqate Overview

Loqate is a global location intelligence company specializing in address verification, geocoding, and data enrichment. They provide tools and APIs to businesses that need to:

• Verify Addresses: Ensure addresses are valid, accurate, and standardized. This reduces errors, improves delivery rates, and enhances the overall customer experience.
• Geocode Addresses: Convert addresses into geographic coordinates (latitude and longitude). This is crucial for mapping, location-based services, and spatial analysis.
• Enrich Data: Add missing information to addresses, such as postal codes, administrative areas, and even property details. This creates more complete and valuable datasets.
• Address Auto-Complete: Provide address suggestions as users type, making it faster and easier to enter accurate addresses.

Key Features and Benefits:

• Global Coverage: Loqate boasts an extensive database covering a vast number of countries, making it suitable for international businesses.
• High Accuracy: They emphasize providing highly accurate and up-to-date address data.
• API-First Approach: Loqate focuses on APIs, making it easy to integrate its services into various platforms and applications.
• Real-time Validation: They offer real-time address validation, catching errors as they happen.
• Scalability: Their platform is designed to handle high volumes of data.
• Compliance: Loqate helps businesses meet regulatory requirements for data accuracy and privacy.

Loqate Revenue

• Private Company: Loqate is owned by GBG (formerly known as GB Group), a publicly traded company. Loqate s financials are not reported separately, but rather as part of the overall GBG group revenue.
• GBG Revenue: While specific revenue for Loqate is not available, GBG reports its overall revenue in annual reports and financial releases. You d need to look at GBG s financial reports to understand their performance.
• Estimated Revenue: Various sources estimate Loqate to be a significant contributor to GBG s revenue, likely tens or hundreds of millions of dollars. However, specific figures are not publicly available.

Alternatives to Loqate

Several companies offer similar services in the address verification, geocoding, and location intelligence space. Here are some prominent alternatives:

• Google Maps Platform (Address Validation API and Geocoding API): A popular option, particularly for businesses already using other Google services. Well-known, often competitively priced for basic use, but may have cost escalations for high-volume use.
• Melissa: Offers a range of data quality and address management solutions, including verification, geocoding, and data appending. Known for its comprehensive data offerings.
• Experian Data Quality: Provides data quality services, including address verification, across various industries. Part of the large Experian group.
• SmartyStreets: Specializes in address validation, standardization, and geocoding. Known for its US-focused expertise.
• Addressy (Now part of GBG): Addressy was acquired by GBG and is now integrated into the Loqate offering.
• Postcode Anywhere: Focuses on address validation and data quality, also part of GBG s portfolio.
• TomTom: Primarily known for navigation technology, but also offers geocoding and mapping APIs.
• OpenCage Geocoder: A more open-source approach to geocoding, based on OpenStreetMap data.
• HERE: Another large player in mapping, location services, and data solutions, offering geocoding and address verification options.

Factors to Consider When Choosing an Alternative:

• Geographic Coverage: Does the alternative cover the countries you need?
• Accuracy and Reliability: How precise is the data? How often is it updated?
• Pricing Model: Is it based on volume, usage, or subscription?
• Ease of Integration: How easy is it to integrate with your existing systems?
• Customer Support: Is there good support available?
• Features and Functionality: Does it offer all the features you need (e.g., auto-complete, data enrichment, etc.)?
• Data Quality: How clean and current is the underlying address data?
• Scalability: Can it handle your current and future needs?

Loqate Pricing

• Not Publicly Available: Loqate does not publicly list its pricing.
• Custom Quotes: Pricing is typically provided through custom quotes based on your specific needs. Factors influencing price include:
  • Volume: The number of address validations, geocoding requests, or lookups you expect per month.
  • Features Used: The specific services and functionalities you require (e.g., auto-complete, data enrichment).
  • Geographic Coverage: The number of countries you need to support.
  • Contract Terms: Subscription length and payment terms.
• General Model: Loqate likely uses a tiered pricing model with different packages based on volume and service usage. Expect to pay more as you require more processing capacity and global coverage.

Customer Care Details

• Primary Channels: Loqate primarily provides customer support via:
  • Support Portal: Access to a help center with documentation, FAQs, and tutorials.
  • Email Support: You can contact their support team through designated email addresses.
  • Account Managers: Larger customers often have dedicated account managers for personalized support.
  • Phone Support: Phone support may be available, particularly for premium customers.
• Emphasis on Self-Service: Loqate provides extensive documentation to help users get started and troubleshoot common issues on their own.
• API-Focused Support: Support is geared towards assisting developers in using their APIs effectively.
• Service Level Agreements (SLAs): Customers with higher-tier contracts often have SLAs with guaranteed response times and service availability.
• Developer Community: While they may not have a large, open forum, there are often resources provided within their platform and support channels.
• Global Support Teams: Given their global focus, Loqate may have support teams located in different time zones.

Summary

Loqate is a significant player in the location intelligence industry, offering global address verification, geocoding, and data enrichment services via APIs. It s a part of GBG, a publicly traded company, so specific revenue for Loqate is not available. Alternatives include Google Maps, Melissa, SmartyStreets, and others. Pricing is custom-quoted based on usage, and they provide support through their portal, email, and dedicated account managers.

If you re considering Loqate, I highly recommend contacting them directly for a custom quote and to discuss your specific requirements. You should also compare them to the alternatives to find the solution best suited for your needs and budget.