The August 14 issue of Forbes (annoying registration now required) includes an article by Rich Karlgaard who got a preview of a future version of GE. No big surprises, but something of which to be aware.
Recently I got a peek at a future version of Google Earth, which will showcase a much-improved 3-D depiction of terrain and buildings. This cool software could make tons of money—from ads.
Imagine using Google (nasdaq: GOOG - news - people ) Earth to zoom low on a city street. Gone is the old pancake-flat look of buildings. They will be depicted in stark relief. And here’s the moneymaker: Addresses that have bought ads, such as restaurants, shops or commercial buildings for lease, will stand out as a cut above the rest—in perfect, rich detail and color. Click on one of these buildings and you’ll be whisked away to the establishment’s Web site.
by Adena Schutzberg on 07/28 at 06:25 AM |
It’s not clear who wrote “GIS: Well-Positioned
” in the InfoTech of the India Times, but it has some interesting points.
Hyderabad-based SatNav Technologies CEO Amit Kishore Prasad is quoted saying GPS is part of the GIS market.
We believe that the advent of global positioning systems (which is a part of the overall GIS market) will revolutionise the GIS industry over the coming years. Cheaper devices with multi-functional facilities will make a big difference to this market and bring a huge benefit to both the common man and corporate users.
Perhaps its a picky point, and I won’t deny GPS and GIS are related, but I for one see GPS as different from GIS.
Also of note, when Hyderabad-based Infotech Enterprise President (geospatial solutions) AV Ram Mohan lists the big players, Bentley, listed #2 in worldwide sales per Daratech [conflicting info here is yet to be resolved] is no where to be found.
They [software companies] are also moving into core GIS implementation taking place in various organisations with key market players like GE (Small-world), ESRI, MapInfo, AutoDesk, Intergraph offering their products aggressively
through local partners or dealers.
by Adena Schutzberg on 07/28 at 05:36 AM |
NAVTEQ (NVT) and Garmin (GRMN) were hammered today by jittery investors when NAVTEQ failed to show income growth for the quarter. I link the two because intrinsically, they are. NAVTEQ supplies the data; Garmin sells to the end user. NAVTEQ missed income numbers because CEO Judson Green said the automotive market was down. And if car sales are down, then Garmin gets punched because of the aftermarket units they sell for in vehicle navigation. NAVTEQ’s stock plummeted 21% while Garmin got tagged for a roughly 6% decline. Garmin stockholders just a approved a 2 for 1 stock split for holders as of August 2.
But there was good news for this sector as Trimble (TRMB) reported a 20% rise in revenue. Trimble’s president Steve Berglund cited success in the construction and mobile workforce markets. I may be biased but my money is on this sector for the long term (in full disclosure I hold stock in two of these companies). This is a temporary dip and there’s no denying the long term potential for location-enabled applications by all of these companies.
by Joe Francica on 07/27 at 02:12 PM |
Daratech issued a press release today that reports on the market leaders for GIS saying that, "the two largest players, ESRI and Intergraph, together account for nearly half of the total software revenue." At the same time, Bentley Systems issued a press release saying they were the #2 GIS software provider and quoted the same study by Daratech. OK…who really is the #2? Last year, Bentley issue a report that said they had revenues of about $300 Million in 2004 but did not break out how much of that could be attributed to geospatial solutions. Intergraph, in 2005, generated $409 Million from the Security, Government and Infrastructure divison, where the bulk of the geospatial technology is marketed. Given that information, something seems amiss in how Bentley is touting their status which said its #2 position was reported by Daratech. But, of course, if you want to see the numbers you need to spend $7K to get the Daratech report. Daratech has been contacted for clarification and we will report their answer as soon as we have it.
The newswires were filled with information today about public companies. Intergraph released second quarter numbers today stating that they increased revenue 5.1% over the second quarter 2005 on revenues of $291.8 million. This is good news for the company whose stock has sagged about 30% since the beginning of the year. MapInfo is expected to release quarterly numbers today as well.
by Joe Francica on 07/27 at 01:17 PM |
The Rolla Daily News details the saga of the NGTOC selection yet again. Here’s the “new to me” info:
Dr. Chip Groat, a former USGS director who left his job earlier in the summer for a position at the University of Texas at Austin, said he didn’t understand the decision to relocate the USGS to Denver.
It’s unclear how many USGS employees have already left the center or arranged for new jobs in anticipation of the center’s closing, but Wainman said that there will be no terminations from either center during this period.
So here’s my question: If many folks have already left Rolla, how well can the Center compete? Is the center not at a disadvantage to say Denver, where I guess no one felt pushed to leave in the last nine months?
by Adena Schutzberg on 07/27 at 12:42 PM |