Abhay Mittal

LEADERS' OUTLOOK

ANNUAL EDITION / JANUARY-FEBRUARY 2022

Coupling Artificial Intelligence with Earth Observation for Deep Insights

BY ABHAY MITTAL

CEO and Founder, EOfactory

The impact of artificial intelligence (AI) is crucial and tangible in the Earth Observation (EO) business sector and the integration of 5G technology allows for faster delivery of insights at the edge. During any disaster, there are various agencies that provide Open Data that can be ingested and automated for deriving real-time insights with existing algorithms and AI models. This helps to extract vital information required for mitigation and recovery.

EOfactory is centered on data and infrastructure. We have multiple partnerships with global satellite data companies and high-performance computing providers. We cater to multiple sectors within the EO domain. Currently, defense, urban municipal authorities, and mining are some of the sectors that are implementing sustainable practices within their value chain through EO data.

We adopt deep learning procedures with continuous learning across different countries to perform change detection. We also manage the data in spatial and temporal formats within a data cube to efficiently derive insights from multiple data based on user requirements. EOfactory harnesses the power of artificial intelligence to derive insights from Earth Observation, which benefit multiple sectors while removing the silos.

AgTech Our offerings for the AgTech sector are simple and start with identifying the farm locations. We deploy AI to extract field boundaries from across the country and then derive key insights from satellite data integration with these boundaries. Our mobile application, FarmVigil, allows for integration with the EOfactory platform to deliver analytics to farmers for understanding their requirements on a regular basis. This does not just enhance their productivity, but also goes a long way in empowering them.

Satellite imagery plays a crucial role in crop insurance, allowing for faster and accurate claim validation, and ultimately payouts to farmers based on the various government schemes. This brings transparency to the entire value chain, starting right from the government to the farmer, who is the end beneficiary.

Road ahead EOfactory’s outlook for 2022 and beyond is to ensure increased adoption of satellite data and scalability within the fragmented industry of satellite data providers who cater to geospatial solutions. We envision ourselves as the world’s leading platform for both the production and distribution of EO insights. The launch of our Insight Studio aims to revitalize the research that is not easy to highlight on simple dashboards.

Helping enterprises and governments worldwide to harness EO insights and enabling them to realize their sustainability and security implementation and goals has been EOfactory’s mission. We do this by offering an AI-driven platform that connects governments, students, engineers, scientists, and businesses in an unprecedented way.