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GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

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Page 1: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving
Page 2: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving
Page 3: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

GEOSPATIAL :VALUE TO ECONOMY

Annual revenue$75 Billion (2012)

USA 

Total Annual Output$81 Billion (2015)

CHINA

Contribution to GDP$12.6 Billion (2006‐07)

AUSTRALIA 

Contribution to the GDP$21 Billion (2013)

CANADA

Geospatial Information contribution$1.27 Billion (2008)

NEW ZEALAND

$4 Billion (2016)

INDIA

Page 4: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

GEOSPATIALTECHNOLOGY

GEOSPATIAL TECH LANDSCAPE

Page 5: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

GEOSPATIALTECHNOLOGY

Retail

Defence

Utilities

Construction

GEOSPATIAL TECHNOLOGY CONVERGENCE

Page 6: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

Sensors collecting

Information

Information hosted in

Cloud

Internet of Things (IoT) managing

Machines

Cloud connecting Internet of Things (IoT)

Machines powered by Deep

Learning

Deep Learning driving

Artificial Intelligence

GEOSPATIAL + DEEP LEARNING

Page 7: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

MARKET DRIVERS

Deriving Larger Value…

Greater Awareness

Convergence with Technology Ecosystem

Business Process Embedment

Intelligence and Analytics

Enterprise Level Adoption

ROI Orientation

Page 8: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

VALUE DRIVERS

Page 9: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

Sharing Information Infrastructure

Commercialization and Industrialization of Capacities and Innovations

Institutional Strengthening and Startup Incubation

Conducive Policy Framework

Commercialization of Capabilities and Socialization of Risk

PUBLIC AND INSTITUTIONAL PARTICIPATION

Page 10: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving

CHALLENGES OF TRANSFORMATION

Page 11: GEOSPATIAL :VALUE TO ECONOMY - Europainspire.ec.europa.eu/events/conferences/inspire_2016/pdfs/2016_p... · geospatial :value to economy annual revenue ... market drivers deriving