LONGMONT, Colo.--(BUSINESS WIRE)--DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of high-resolution earth imagery and geospatial solutions, today announced an agreement to provide another innovative commercial customer with access to its Geospatial Big Data (GBD) platform, paving the way for new analytic products serving the insurance, forestry, oil & gas, and mining industries.
DigitalGlobe’s cloud-based GBD offering is a Platform as a Service model that provides easy access to DigitalGlobe’s vast ImageLibrary. It is designed to create a new ecosystem in which partners and developers can leverage their expertise and API’s to create new customer solutions without the cost of owning and operating costly IT infrastructure. The GBD platform is one of the strategic initiatives propelling DigitalGlobe toward its vision of becoming the indispensable source of information about our changing planet.
Exogenesis, a provider of advanced analytics, algorithm development, and predictive modeling and simulation, has subscribed to DigitalGlobe’s GBD service to facilitate new product development enabled by large-scale data analysis. The agreement includes access to algorithms, expertise, and petabytes of high-resolution satellite imagery collected over the past 15 years. DigitalGlobe customers Orbital Insight and Cuende have also subscribed to the service and are introducing unique products to their commercial markets.
“Exogenesis is thrilled to have the opportunity to work with DigitalGlobe, the biggest name in commercial satellite imagery,” said Sean Anklam, President of Exogenesis. “As an early adopter of DigitalGlobe's Geospatial Big Data platform, we will be able to provide the most advanced decision support information derived from source imagery of the highest quality."
“It’s a privilege to bring our Geospatial Big Data capabilities to the market with an innovative partner like Exogenesis,” said Dr. Shay Har-Noy, DigitalGlobe’s Senior Director for Geospatial Big Data. “We are committed to investing in Geospatial Big Data in order to create a living digital inventory of the surface of the earth, enabled by our unmatched satellite constellation, commitment to ecosystem partners, and ability to convert imagery at scale into searchable, analytics-ready information layers.”
About DigitalGlobe
DigitalGlobe is a leading provider of commercial high-resolution earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.
DigitalGlobe is a registered trademark of DigitalGlobe.
About Exogenesis
Exogenesis is revolutionizing global data analysis with powerful applications and software - integrated with premier satellite imagery - to monitor objects and detect changes. By automating workflows, our scalable and persistent solutions empower businesses and enterprises to make timely, data driven decisions that mitigate risk, assess damages, and accurately predict changes.
https://exogenesis.solutions/index.php/partnership/digitalglobe
Special note regarding forward-looking statements
Certain statements contained herein and in other of our reports, filings, and public announcements may contain or incorporate forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or future financial performance. We generally identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “continue” or “looks forward to” or the negative of these terms or other similar words, although not all forward-looking statements contain these words.
Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts or decisions by customers not to exercise renewal options; the availability of government funding for our products and services both domestically and internationally; changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congress and the administration, or budgetary cuts resulting from Congressional committee recommendations or automatic sequestration under the Budget Control Act of 2011); the risk that U.S. government sanctions against specified companies and individuals in Russia may limit our ability to conduct business with potential or existing customers; the risk that the anticipated benefits and synergies from the strategic combination of the company and GeoEye, Inc. cannot be fully realized or may take longer to realize than expected; the outcome of pending or threatened litigation; the loss or impairment of any of our satellites; delays in the construction and launch of any of our satellites or our ability to achieve and maintain full operational capacity of all our satellites; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our imagery archives; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition, including possibly from companies with substantial financial and other resources and services, that may reduce our market share or cause us to lower our prices; our inability to fully integrate acquisitions or to achieve planned synergies; changes in satellite imaging technology; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. or foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2013, as updated by our Form 10-Q for the quarter ended March 31, 2014.
We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward looking statements.