Missouri Partnership CEO: 4 Industries Where Geospatial Tech Is Changing the Game
March 15, 2022
Missouri Partnership CEO, Subash Alias, recently wrote an article for CEOWorld highlighting four industries where geospatial technology is changing the game. Find the full article here.
It’s more than just Garmin. Geospatial technology is changing how entire industries operate. You might not have known it, but 2021 was a big year for the geospatial technology community.
This past October, the GEOINT Symposium took place in St. Louis. It was the largest gathering of geospatial intelligence professionals in the nation, and it coincided with the construction of the National Geospatial-Intelligence Agency’s new headquarters in St. Louis. Geospatial technologysupports 26,000 jobs across St. Louis alone, and the geospatial analytics market is projected to grow from $59.5 billion in 2021 to $107.8 billion by 2026.
Those in the industry say geospatial is the “science of where.” As our world continues to evolve, many industries find location-aware technology vital for decision-making. Solutions like geographic information systems, remote sensing, and global positioning systems can be used in a number of industries, including agtech, defense, transportation, and logistics.
These industries are already using game-changing geospatial technology solutions:
Defense Military technologies and strategies have evolved; on-the-ground operations are no longer enough. Today’s forces need to be prepared for advanced threats, making prediction and prevention of attacks vital. Advanced geospatial solutionsallow the military to support field operations by predicting and countering these threats. To help support defense forces worldwide, the National Geospatial-Intelligence Agency utilizes geospatial technology applications. These technologies provide policymakers, warfighters intelligence professionals, and first responders with the information they need to secure decisive advantages.
Agtech Foragtech companies, geospatial technology solutionscan help improve soil health, boost crop yield, and assess environmental risk. Organizations that practice precision agriculture can use the information gathered from scalable analytics to analyze land and get insights on soil characteristics. By combining this information with data on local agriculture conditions, agtech companies can make better planting and land management decisions. To accurately assess environmental risk,more companies are combining historical and real-time data into geospatial analytics platforms and using predictive modeling to plan for natural disasters. Companies like Climate Corporation, a subsidiary of Bayer, use geospatial tech to help farmers evaluate risk, make informed decisions, and improve agronomic performance.
Check out the full article from our CEO here and learn about the other two industries where geospatial technology is making a huge impact.