Today, Foursquare announces two major advancements to its leading location technology platform: the relaunch of the Places Database and the introduction of Places Enterprise API.
With the enhanced database and new enterprise-grade API, Foursquare further cements its status as the #1 independent provider of point-of-interest (POI) data for enterprises and developers.
Highlights from the enhanced dataset include:
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95 million POI around the globe
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Increased fill rate to 89.8%
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Billions (and growing!) of photos, tips, and scores of all these venues through our community of app users.
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Added/new validation and standardization of localities, regions, postal codes, and other firmographic details.
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Data Freshness attribute that shows how recently each POI has been updated or validated. In the last year, 70% of our POI have been refreshed, with 22.9 million POI updated in the last month alone.
Highlights of the new Enterprise Places API include:
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Upgraded developer experience
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Ability to deliver an availability service level agreement (SLA) of 99.9%
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New infrastructure and global data centers will improve scaling capabilities and lower latency
The launch of both milestones is part of the company’s efforts to meet growing demand across industries for location technology that can solve increasingly complex business challenges.