Orbital Insight helps portfolio managers or responsible for commercial banks track the spread of the coronavirus. In this way, they’ll understand the impact COVID-19 has on the supply chain within their investments.
I wrote this article on March 11, 2020
Imagine a company that wants to assess the impact of COVID-19 on fuel demand in a large city. The company wants to track airport foot traffic and flight patterns in real time since regional airlines are suspending flights. An alternative is to look at previous outbreaks, but this can paint an inaccurate picture. So the company hires Orbital Insight to analyze the flight departures in airports. In a few hours, they know how the disease is affecting fuel demand.
Elsewhere, an organization is monitoring the epicenter of an outbreak of COVID-19. It needs to understand the patterns of life through vehicle movements. With Orbital Insight, the organization can quantify cars and trucks, providing crucial data about ways of living.
Sounds interesting, doesn’t it?
Let’s examine a platform that can collect and analyze this data, and why this is essential to tracking COVID-19.
Orbital Insight transforms geospatial data into objective answers about the world.
What is Orbital Insight GO?
The production and launch of small satellites have revolutionized the space industry. They can now capture millions of images of Earth every day. At the same time, there has been an explosion of terrestrial data sources — mobile devices, geolocation, vessel tracking, connected cars, and other IoT devices. Together, images and terrestrial data sources form geospatial data.
Orbital Insight GO is a platform that combines geospatial data with artificial intelligence and machine learning to track global activity as it occurs. Using this platform, you can analyze economic, societal, and environmental trends in real estate, energy, or government issues.
Economic Impact of COVID-19
In less than three months, the coronavirus has challenged the world economy and the health systems of more than 100 countries. According to the International Energy Agency (IEA), global oil demand will decline in 2020, limiting travel and economic activity. This situation will affect almost all countries, according to UN News, when considering the concerns about supply chain interruptions from China and oil price uncertainty among major producers.
With Orbital Insight GO you spend less time on data creation and more time on data analysis.
Why Track COVID-19?
As a portfolio manager or responsible for commercial banks, you need to understand the impact supply chain disruption that can have on your investments. With the facts in hand, you can make the purchasing decisions or insight into those of your competitors.
You can track COVID-19 to
- determine oil inventories
- monitor vessel traffic
- control fuel demand
- explore supply chain activity
- know tourism trends
- identify critical public health data
- detect the public’s movement
- and more
The Bottom Line
The coronavirus contagion is affecting businesses, industries, and markets across the world, and many questions about its impact remain unanswered. Orbital Insight GO uses geospatial data and artificial intelligence to deliver those answers. Its capabilities can track any location on the planet with near real time cadence. And as the situation evolves, our customers are the first to gain objective intelligence on market impact.
Global Insights. Anywhere. Anytime.
Access the most current visibility, intelligence, and transparency of the world’s physical activity … all on one secure, private geospatial data platform.
Complete your due diligence, augment your data, and gain the insight you need to reduce costs, increase opportunities, and even save lives with geospatial data and geospatial data analysis from Orbital Insight.
About the author
Jorge Luis Alonso G. is a writer specializing in potato cultivation who writes marketing content for ag-tech companies. He has lived with his family in Canada since 2018.