Investment Decision Making
Satellite data can provide key information to investors and stake holders in real estate. By tracking change in height of buildings, construction activities can be monitored remotely and related to consumption of raw materials such as cement, bricks, iron rods etc. It can also be used for planning and monitoring of large-scale development projects.
Predicting Trends
Metal and Mining Industry
Satellite data can be used to track gaseous emissions and thermal radiations from Steel plants, iron ore producing mines, coal mines etc. Using deep learning techniques, this data can be related production of these raw materials both at an individual mine level as well as in a large region, such as in an entire state of a country. Such an insight is invaluable for traders, dependent companies, banks, investors in energy and other allied sectors.
Monitoring Economic Activity
Through Vehicle Detection
Detection of vehicles using satellite imagery can provide key information to investors both at micro as well as macro levels. For instance, number of cars in a locality might be helpful someone planning to open a petrol station there, different types of cars, scooters, EVs or heavy vehicles that are being used in a country, state or city will give crucial information for investors in motor sector.
Real Estate Investment
By tracking change in height of buildings, construction activities can be monitored remotely and related to consumption of raw materials such as cement, bricks, iron rods etc. These in turn can be used to provide crucial metrics to investors and stakeholders in real time so that they can evaluate a potential investment or take key decisions pertaining to their existing investments in real estate.
Building and Road detection
Information about number of roads, buildings and other infrastructure in a city or a town, specially those in developing countries where such data is either not present or is inaccurate or just too old can be invaluable for businesses. For instance to open a new coffee shop or a grocery store one would like to know how many people reside in an area or what is the footfall on a particular road. High resolution satellite imagery can be used to provide such a data on a daily basis.