Geospatial IoT Insights — August 11

Predicting electricity demand with climate data. Climate and energy scientists have developed a new method to pinpoint which electrical service areas will be most vulnerable as populations grow and temperatures rise. This helps decision makers to understand future substation needs. [ScienceDaily]

Digital agriculture driving new revenue sources. The major agriculture players view the ability to offer new products and services to fill their pipeline as the key to their future growth — and digital agriculture has the potential to do just that. The opportunity lies behind the farmers’ challenge to do better with the resources and infrastructure they already have. [Techcrunch]

Wind power fiercer than expected. University of Delaware researchers report in a new study that offshore wind may be more powerful, yet more turbulent than expected in the North Eastern United States. The study found that wind conditions at Cape Wind are unstable between 40 and 80 percent of the time. [Phys.org]

IoT Market Could Top $3 Trillion By 2025. The internet of things market is picking up speed, with new technologies like LPWA paving the way for broader adoption. Even though a new study shows that spending on IoT could reach $3 trillion by 2025, security remains a concern. [InformationWeek]

Use of Earth Observation Data for Oil and Gas. Earth Observation data has in the past been oversold to the O&G sector. However, the rapid improvement in spatial and spectral resolution, added to the increasing temporal coverage plus a move towards machine learning is making Earth Observation data attractive again. The story also refers to 19 case studies illustrating how Earth Observation data can be used in the O&G industry. [GIS Lounge]