The terrestrial telecom industry is fast shifting towards 5G networks, with Software Defined Networks (SDN) and Network Functions Virtualization (NFV) forming key parts of major strategic efforts. This is seen in multiple market movements where organizations such as Verizon, AT&T and Ericsson have begun to shift towards adopting SDN/NFV approaches to manage increasingly complex networks..
Focus on Downstream Analytics Leads to $18 Billion in Cumulative Revenue over Next Decade Cambridge, MA – August 1, 2018 – NSR’s Big Data Analytics via Satellite, 2nd Edition report, published today, finds downstream Big Data solutions continue on a sustained growth path over the next decade, largely driven by Earth Observation and M2M/IoT applications.
Satellite-based Earth Observation (EO) is changing from an imagery-driven to insight-driven business. Until now, most satellite operators have been content with supplying imagery, while emerging downstream companies have begun unlocking the value behind the pixel, through Big Data analytics. However, satellite operators are beginning to shift focus. Last month, Planet completed “Mission 1”, to image.
Satellite imagery has traditionally been sold by the scene. Customers would look at certain criteria, and satellite operators would match their request with available archived or tasked images. Sales cycles were long, and the focus was on the quality and the resolution of the data. However, increasing supply, and pressure from downstream services are prompting.
In today’s world, businesses are built on how quickly they can turn data into their next competitive advantage. From leveraging space-based Earth Observation data to predicting retail sales to predictive engine analytics from embedded sensor data to combining advanced imaging and position location data to reduce fertilizer usage in precision agriculture – there is no.