Given sufficiently talented programmers, you could, but this task is probably about on par with computer vision in terms of difficulty.
Generally, the steps would be
1. read the data
2. convert it to xyz coordinates
3. figure out what the heck to do with that data (might be as simple as query for points within a particular box)
Proficiency with 3d math would be very useful here.
As would PCL (
http://pointclouds.org/).