Press Release | Courtesy of Geospatial World
George Zhao, CEO, CHC Navigation
The digitalization process that we are experiencing today is accelerating the development of new geospatial technologies and solutions.
In today’s day and age, organic growth, exploring new markets for boosting operations, investing into new technologies and upskilling workforce are some of the key focus areas for all companies in the geospatial industry. In an ever-changing business environment, these initiatives can ensure steady growth in the near future.
Investing in R&D for better growth
We are quickly embracing technology evolution (Cloud-based solutions, AI, Big Data, IoT, etc.) and view it positively, as it creates more opportunities for us. The integration of many diverse technologies into geospatial sensors is a strong motivator for companies like CHCNAV to continuously increase their R&D capabilities and productivity by bringing new talented research engineers in their teams.
Overcoming economic odds
The uncertainty regarding the global economic environment is for everyone to see. However, CHC Navigation is a very resilient company, and the current economic slowdown does not affect our growth.