The Power of Functional Locations
Knowing where you are in the economy is powerful
Locus is pioneering FIS™, a new class of location-based tools and data analytics that map businesses, products, and jobs based on their functional location in an economy.
FIS organizes the economy according to the functional role and location of its components. By mapping and linking functional locations and relationships, Locus enables a new and meaningful organization of knowledge about economic systems and the way we interact with the economy both as customers, suppliers and participants.
THE POWER OF FUNCTIONal context
Creating a global map of local economies based on function
We all participate in the economy whether it is through the work we do or the products we buy. Locus is creating the first global map of economic functions and relationships. The goal is to provide context for each participant whether it is an industry, business, product, or job -- each one has a specific functional role relative to the larger world around them.
Using FIS™, Locus is building a global map of local economies that identifies, locates and relates each component based on functional attributes. This will provide a way to link and compare local economies on a global basis.
THE POWER OF FUNCTIONal relationships
Gaining insights from interactions
By mapping locations, FIS™ identifies relationships and interactions across economic functions, enabling insights into the management and risks of everything from a supply chain to employee distribution.
The global economy is an aggregation of millions of local economies. With FIS-powered analytical tools, scale-based or local-to-local economy comparisons are no longer difficult. From local to global economies, you can compare, analyze, and diagnose how changes in functional locations in one local economy can affect other locations or even the global economy.
A Functional Information System (FIS) is a new class of information system for gathering, managing, and analyzing economic data. Rooted in the system sciences, FIS organizes economic activity into standardized layers of information using FIS’s functional coordinate system. FIS powers a new class of relational tools that enable users to stitch together, visualize, and analyze information across different types of economic activity using functional attributes as the reference variables. It provides policy makers, asset managers, and even job seekers an entirely new platform for economic inquiry, data analytics, and functional intelligence.