The City of St. Charles has implemented artificial intelligence analytics through the Placer.AI platform to track foot traffic patterns and consumer behavior in the city. Economic development director Derek Conley presented the new technology to City Council members, emphasizing its use in evaluating the success of city events and initiatives, monitoring market trends, and making informed decisions. The program utilizes geospatial data from cell phones to provide insight into visitor behavior, including where they travel from, which businesses they visit, and how long they stay.
Despite concerns raised by St. Charles resident Michael Nelson about potential privacy issues and excessive surveillance, Conley assured that the program does not track individuals or reveal exact locations. The data purchased from cellular companies is anonymized and strictly focuses on aggregated demographic information projected from census data.
The program, costing $20,000 per year split between the city and the St. Charles Business Alliance, has been in use for a few months and has already provided valuable insights into visitor patterns in the city. The goal is to use this data to attract new businesses to St. Charles and improve the success of events and initiatives. In the era of data-driven decision-making, the City of St. Charles is leveraging AI technology to enhance its planning and development strategies.
Source
Photo credit www.shawlocal.com