Tuesday, May 19. 2009

TerraGo on the way to Topping off Latest Round of Funding

The Atlanta Business Chronicle blog reports on the latest funding for TerraGo Technologies.

The company is seeking nearly $4.5 million and has already raised $3.4 million. All three investors in the latest round participated in previous rounds; they include: Maryland-based CNF Investments LLC, Arlington, Virginia RedShift Ventures and In-Q-Tel.

Posted by Adena Schutzberg in Geospatial Business at 09:35 | Comments (6) | Trackbacks (0) |

Podcast: DigitalGlobe IPO: Pushing Geospatial into IT?

This week DigitalGlobe joined the ranks of other companies that are publicly traded. Does this move and the related buzz help move geospatial technology into the realm of the broader information technology space? How should we see this change? Also: concerns about GeoEye-1 push that company's stock down.


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Posted by Adena Schutzberg in Google, Microsoft, Remote Sensing, Sensors, Directions on the News Podcast, Geospatial Business, Bentley at 01:00 | Comments (0) | Trackbacks (0) |

Thursday, May 14. 2009

Should DigitalGlobe IPO Change thinking on GeoEye?

Somes say yes. Rich Smith of Motley Fool compares the two companies and says "no." Nice tables compare 2008 and 2009 revenues.

The IPO launched today at $19 above initial expected range of $16-$18 and raised $279.3m, more than expected. The stock begins trading today.

- Reuters
- Bloomberg

Posted by Adena Schutzberg in DigitalGlobe, Geospatial Business at 08:07 | Comment (1) | Trackbacks (0) |

Wednesday, May 13. 2009

IDC Market Metrics & Sonnen on Spatial Enterprise 2.0

Dave Sonnen of IDC/ISSI provided one of the keynote presentations today at Korem's Geodiffusion Conference in Quebec City. Here are some of the details, insights and market metrics that he presented to the audience:

IDC says geospatial technology has grown to $3 Billion in total software revenue with systems integration and custom application development providing an additional multipler affect of 3x to 5x that amount.

Sonnen also said that IDC is tracking 700 companies that do geospatial.

Overall market size is $50-$60 Billion in total revenue for acquiring, managing, analyzing map data. Sonnen also commented that some of the complaints about traditional geospatial technology is that it's "too cautious, too incremental, and too dull...The technology is tailored largely for insiders but these are normal characteristics of any established industry."

Open Source Intelligence (OSINT) is a paradigm adopted by the Defense Intelligence Agency that allows analysts to do intelligence-gathering from wherever and whatever source that it happens to be … wikis, blogs, whatever. Let the users find information and intelligence using a human-centered experience.

Sonnen's notion of the Spatial Enterprise 2.0 acknowledges that spatial information will just be part of the infrastructure and that location-specific data will be generated by everything: mobile device being one example.

Posted by Joe Francica in Market Research, Geospatial Business at 20:39 | Comments (0) | Trackbacks (0) |

Monday, May 11. 2009

DigitalGlobe to Trade on Thursday, WSJ Assesses Risk

The IPO hits the street on Thursday and the Wall Street Journal highlights the "risky business" of the satellite biz. It also notes that President Obama's commitment to acquiring imagery from commercial companies helps relieve some fears.

Seeking Alpha offers thought, too.

Posted by Adena Schutzberg in Remote Sensing, Geospatial Business at 08:12 | Comment (1) | Trackbacks (0) |

Tuesday, May 5. 2009

SAIC Offers Custom Processed Landsat Scenes: Details

A press release from SAIC details its "innovative, web-based processing system delivering custom Landsat imagery directly to customer desktops." Recall that you can download imagery free from USGS and process it yourself. But if you want, you can have SAIC do it. I dug around for the details not included in the release.

Posted by Adena Schutzberg in Remote Sensing, Geospatial Business at 06:25 | Comment (1) | Trackbacks (0) |