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Published on: 2025-04-22 07:11:56 Published on: 2025-04-22 07:11:56

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Why is Sterling and Wilson Renewable Energy Limited (542760) rising ✌️【Risk Management】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. That’s the argument of London startup what3words, which says such addresses are expensive to provide, restrictive and prone to error.

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“It’s user-friendly GPS,” said Giles Jones, the company’s chief marketing officer. “Everybody’s got a story of where location has not been good enough.”

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“There was a dictionary on the table, and they were like, ‘I wonder how many different words it would take to build a system using words,’” Jones said.

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One of the company’s greatest success stories has been in Mongolia, a vast landlocked country with a vibrant nomadic population.

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For example, the company recently worked with a refugee settlement of over 100,000 people in Uganda to ensure everyone could get deliveries and map out as many as50,000 buildings.

“Every single person in that refugee camp has now got an address,” Jones said. He added that those addresses are recognized by the local health agency, which makes it easier for medical workers to find people.

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It’s also been useful in situations where a person might not necessarily know exactly where they are. Police in northern England told 【 - Free Stock Market Forums 】 Business that they once used the app to rescue a kidnapping victim.

“We asked her to download the app and give us her three-word location,” said Paul Redshaw, a supervisor at Humberside Police. “This meant that we could identify which building she was in and officers were sent to her aid immediately.”

Why is Sterling and Wilson Renewable Energy Limited (542760) rising ✌️【Risk Management】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. What3words is free to use for the general public, as well as for nonprofits. The company plans to make money by licensing its code to businesses that want to integrate it with their systems.

“If you’re a big delivery company or you’re a car company or a mobility company, we can make you much more efficient,” said Jones.

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German automaker Daimler(DDAIF), another what3words backer, has adopted it in some of its cars’ navigation systems, letting passengers input three-word addresses by voice.

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“Running groups are using us to mark out running trails. People are using us to find their friends at festivals,” Jonessaid. “We’re basically a pin drop that you can say, write down, input into a device and then remember.”

“So you see the three slashes on a building, on a business card, in a search engine, and you go, ‘That’s an address,’” said Jones.

Why is Sterling and Wilson Renewable Energy Limited (542760) rising ✌️【Risk Management】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Forums 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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