Artificial Intelligence and Earth Observation: Trends and Opportunities
The market potential for Earth Observation solutions is immense. In a panel discussion moderated by Muthukumar Kumar on Artificial Intelligence (AI) and Earth Observation, experts from technology companies, consulting firms, and research institutions gathered to explore the potential of AI in interpreting the vast amounts of data generated by Earth Observation. The discussion featured Aleksander Buczkowski, Director at PwC Global Centre of Excellence in Drone and Earth Observation Technologies, Annett Wania from Planet, Arnis Kadakovskis from the EU Agency for the Space Programme, Laura Costa, co-founder of tilebox, and Dobrina Laleva from the technology company Up42. The panelists agreed that the market potential for Earth Observation solutions is significant. They emphasized that standardizing data and processes is essential for the industry's growth. Fast access to data is crucial to unlocking its full value. The discussion highlighted key opportunities in agriculture, forestry, and resource protection. The experts also stressed that drones and satellite data are not competitors but complementary technologies, with a combination of both offering even greater possibilities. They called for Earth Observation data to become more localized and available at higher temporal resolutions. The participants expressed optimism and high expectations regarding the increasing use of AI in Earth Observation. Its integration across various applications can add significant value and "drive positive change." "We are at the beginning of our journey with AI," said Aleksander Buczkowski. Over the next three to five years, he predicted, major developments will unfold. "What we need is a ChatGPT for geospatial data to navigate the tsunami of information," said Annett Wania from Planet. The revolution has only just begun.