A store's location directly impacts supply, profits, marketing, and almost every other aspect of store performance. Much can be learned from the performance of different types of retail stores in different neighborhoods, countries, or even climate areas. Therefore, retailers use geospatial data machine learning models to plan store locations and predict profits.
Precision agriculture refers to the management of farms with satellite and other data and technologies. The resulting maps provide highly detailed information about the topology and condition of farms, down to the individual plants.
Other common terms for precision agriculture include satellite farming and site-specific crop management.