GISCafe Industry Predictions for 2020 move forward into February. Topics covered this week are cloud-based asset management systems, artificial intelligence, smart cities, citizen science, open source mapping and data, GNSS advancements, big spatial data analytics, drone industry, enterprise scale and dashboards and data visualizations.
Archive for the ‘real estate’ Category
According to ABI Research, 500 smart cities will have digital twins by 2025. Currently the cities of Boston, New York, Singapore, Stockholm, Helsinki, Jaipur, Newcastle and Amaravati have deployed digital twins.
The FAA estimates that there will be nearly half a million registered commercial use drones in the U.S. by 2022 (FAA 2018 – 2038 Aerospace Forecast).
Drones, or UAVs or UAS, are being used in the GIS industry for such purposes as military surveillance, real estate, searching for hurricane activity, search and rescue missions, public health and safety, agriculture and in construction and countless other industries. In some cases, drones can provide greater resolution than satellite imagery. Their size and affordability makes them a valuable choice for scientists, power companies, surveyors, military actions and civilians and many others. They are also environmentally friendly and provide a low-cost option for gathering valuable data that can then be fed into a GIS.
Since drones can autonomously collect a vast range of data they are appealing to many use cases. Besides, they are light-weight and high performance. Satellite imagery has provided remote sensing data for mapping, but can often display low fidelity or limited visibility from cloud cover. High precision and accuracy can be achieved with aerial imagery, with planes equipped with high tech remote sensors. Photogrammetry, which makes use of overlapping photos to identify exact measurements between objects, is a useful way of gathering accurate models.
David Smith, Senior Director Model Development at CoreLogic, spoke with GISCafe Voice about CoreLogic’s recent announcement of residential and commercial flood and wind loss estimates for Hurricane Barry before the event occurred. According to this data analysis from the company, flood loss for residential and commercial properties in Louisiana is estimated to be between $200 million and $400 million which includes both storm surge and inland flooding. Insured flood loss from private insurers is estimated at less than $100 million. Wind losses are estimated to be an additional $300 million to $500 million. In total, insured flood and wind losses, excluding National Flood Insurance Program (NFIP) losses, are between $300 million and $600 million.
CoreLogic® is a leading global property information, analytics and data-enabled solutions provider. This information is directly drawn from company materials:
The Notre Dame Cathedral has been well-documented both before and after a devastating fire destroyed its spire and roof on Monday, April 15, 2019. What we have going forward is extensive documentation in the forms of satellite imagery, aerial imagery, as well as 3D laser scans to help in the reconstruction of the Gothic cathedral.