Geospatial IoT Insights — September 8
New high-resolution elevation data available for Alaska. The White House, the National Science Foundation, and the National Geospatial-Intelligence Agency have released the most accurate digital elevation maps of Alaska ever created. The new maps have a horizontal resolution of about 7 to 17 feet, versus more than a hundred feet for previously existing topographical maps. The data is available here. High-resolution elevation data for the rest of the Arctic will follow next year. [National Geographic]
The IoT growth estimates aren’t very useful. Regardless, if it’s 10 or 50 billion things connected to the internet by 2020, it’s clear that new market and new products will emerge to tackle the related challenges. However, this new survey tells us what benefits business leaders are expecting from IoT. Remarkably, the top expectation Cost savings from operational efficiencies matches with the results Planet OS Powerboard is already providing to its first customers. [Forbes]
BlackRock said all investors should factor climate change into their decision-making and doing so would not mean having to accept lower returns. BlackRock has expanded its ability to store, sort and analyse data and uses more of the data to inform its investment decisions, for instance in deciding when to bet against a stock. This is an important sign about the breakthrough of climate data because BlackRock is the world’s largest asset manager. [Fortune]
Precise data makes weather work with you, not against. This story illustrates why data-driven farming continues to evolve, with local and accurate weather becoming increasingly important. Typically, there is nearly a 48% reduction in accuracy of weather stations when you are 12.5 miles away. Canadian Farmers Edge has solved this problem by installing a weather monitoring station on roughly every 2,500 acres of customers’ fields. [Farm Futures]
In the market forecast news, Northern Sky Research’ report projects data, value-added services, information products, and big data analytics from satellite-based Earth Observation to represent a $43 billion opportunity over the next decade. The market is expected to grow rapidly in downstream EO services, especially in the wake of increased supply of high-resolution data with high frequency of revisits, driving demand for EO data and services across all verticals. [Markertwired]
Geospatial data: real-time Big Data for business intelligence. Trimble Geospatial explains how attempting to utilize the enormous volume and diversity of geospatial Big Data is like drinking from a fire hose. Modern businesses operate on tight schedules and need the ability to make decisions quickly. Decisions rely on accurate data; delays or long turnaround times can affect activities and increase expenses. However, data marketplace curating data from a variety of public and private sources are emerging, and users can view and select from an assortment of geospatial data available for a given location. This is exactly what we are aiming at with Planet OS Datahub. [IoT Evolution]
Originally published at planetos.com on September 8, 2016.
