Central Okanagan Economic Development CommissionHow Cityviz helped COEDC improve support for decision making and business development DOwnload PDF
Central Okanagan Economic Development Commission (COEDC) tracked a number of economic indicators to monitor the state of the economy in the region. Collecting and maintaining data became a big task which required a lot of time and effort. The organization wanted to replace this procedure with a data portal that would provide the following:
Support evidence-based decision making
Market the Central Okanagan for business investment
Support local entrepreneurs in their market research
Enhance sophistication and competitiveness
COEDC looked for a solution that would support local economic development and planning functions and help them solve the challenges they faced and further improve its service to the community.
As a solution, COEDC partnered with Ruby Industries to set up a full suite of Cityviz modules at the regional level, for the whole Regional District of Central Okanagan, one of Canada’s fastest growing and most entrepreneurial regions.
The COEDC organization and region as a whole benefit from using Cityviz in multiple ways:
The region has introduced a sophisticated tool that is seamlessly integrated into their investment profile website at https://data.investkelowna.com.
It automatically tracks all of the economic indicators they used to maintain in a very large, multi-page spreadsheet manually. Cityviz eliminates big amount of staff time that was used to periodically compile this spreadsheet, as well as potential human errors in compiling that information.
Ruby Industries keeps innovating and improving the product. A number of new datasets and features have been added to the product since the launch, to make the information even more robust and meet the needs of their audience.
It has been a great exercise for us in not only being able to provide this information to the community and we’ve had wonderful feedback from both community looking to support evidence-based decision making, as well as outside investors.
It’s also been a great way to support economic development in our community by working with the local company as their first customer and really building out this product that I think is a great asset for economic development all across the province.
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Let us know about your challenges in using data for economic development and learn how Cityviz can help solve them.