The commercial satellite imagery market produced $1,243 million in revenue in 2011, and we project that the market’s imagery revenue will grow to $2,602 million by 2016,” said Longfield of Frost.
Atlanta, GA (PRWEB) February 09, 2012
Representatives from Frost & Sullivan, GeoEye, Inc. (NASDAQ: GEOY) and TerraGo® Technologies will present a webinar on Feb. 14 about the global commercial satellite imagery market and available cloud-based and geospatial collaboration technologies to help users more quickly and easily access, distribute and interact with complex maps and digital imagery.
The webinar, to be held at 2:00 p.m. Eastern Tuesday, Feb. 14, will feature Frost and Sullivan Research Analyst Daniel Longfield presenting the latest data for the global satellite imagery market and industry executives demonstrating how cloud-based technologies such as GeoEye’s EyeQ platform and TerraGo GeoPDF® imagery production capability can facilitate situational awareness for faster response, increased productivity and improved decision making.
“The commercial satellite imagery market produced $1,243 million in revenue in 2011, and we project that the market’s imagery revenue will grow to $2,602 million by 2016,” said Longfield of Frost. “As the market grows and there is increased reliance on geospatial intelligence across a variety of public and private sector verticals, there will be an even greater need for tools to empower users regardless of their level of geospatial training to maximize the value of these assets.”
“The increasing need to quickly and easily acquire imagery to respond to natural disasters and defense requirements coupled with the growing awareness of the value of imagery for decision support in business, federal, state and local planning are among the factors driving commercial and government customers to seek more efficient ways to access and distribute digital imagery,” said Tony Frazier, GeoEye senior vice president of Marketing.
“Once satellite imagery is acquired, the challenge becomes how to distill these massive quantities of data into something suitable for distribution and collaboration,” said George Demmy, TerraGo chief technology officer. “We will demonstrate how TerraGo GeoPDF imagery production capability from the EyeQ cloud-based platform meets the distribution and collaboration challenge by providing end users with an interactive, portable, intelligent product that can be easily accessed, updated and shared.”
To register for the webinar visit: http://www.terragotech.com/news-and-events/webinars.
About Frost & Sullivan
Frost & Sullivan enables clients to accelerate growth and achieve fist-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. We leverage 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from over 40 offices on six continents.
GeoEye is a leading source of geospatial information and insight for decision makers and analysts, who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy and online media rely on GeoEye's imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye's ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia with more than 700 employees worldwide. Learn more at http://www.geoeye.com.
About TerraGo Technologies
TerraGo Technologies geospatial collaboration software and GeoPDF maps and imagery are among the most widely adopted solutions to produce, access, update and share geospatial information and applications with anyone, anywhere. TerraGo solutions enable enterprises to extend, exchange and exploit geo-referenced maps, imagery, audio, video and other intelligence in connected or offline environments. Trusted by government agencies and businesses worldwide, TerraGo solutions increase the use of geospatial data throughout and between enterprises and the return on geospatial investment through greater organizational efficiency, productivity and responsiveness. Founded in 2005, TerraGo is privately held and is an In-Q-Tel portfolio company. For more information, visit http://www.terragotech.com.
TerraGo and GeoPDF are registered trademarks of TerraGo Technologies, Inc.
Other company names and product names are the registered trademarks and/or trademarks of the respective companies.