Geospatial World: Pacome Revillon, CEO, Euroconsult talks about emerging trends in the Earth Observation (EO) space.
Can you tell us about the current transformation in the space sector? In terms of the major transformations in the sector, the first one is the number of satellites. Just next year, we should have over 400 satellites in orbit delivering an extensive variety of data. This comes together with major agreements, an increasing level of maturity of data platforms in the Cloud, and an increasing number of automated process to add layers and facilitate the development of services for public and private end users.
What kind of innovation is happening in the satellite industry? Some initiatives are driven towards further data integration, including that of satellite data and non-space data. Also, there are platforms that can aggregate information in the Cloud — that is another innovation and driver. On one side today, you would see a Segment-as-a-Service, where some companies can work with multiple parties to collect data frequently from different points on Earth, which makes the data available in a shorter time, including revisits. That means you can now have some data on a weekly basis, if not daily, which is a major modification for things like change detection for both public and private decision-makers. And, new layers of analytics, dedicated to different vertical segments is a driver.