Making that information available in 5 seconds rather than 45 minutes was critical for Guy Carpenter. Batty noted,"That makes a huge difference in how the insurance companies can respond and spread their risk.”
Top News of the Week
Northrop Grumman Corporation and 3001 International, Inc. announced that they have signed a definitive merger agreement under which Northrop Grumman will acquire 3001. Financial terms of the agreement are not disclosed.
The transaction is expected to close in the fourth quarter of 2008. Following the close of the transaction, 3001 will be part of Northrop Grumman's Information Technology (IT) sector. Completion of the transaction is subject to customary conditions and approval.
DIMAC Systems, a global provider of digital aerial imagery solutions has unveiled its latest generation IT Rack, the centralized image acquisition system of its renowned DiMAC (Digital Modular Aerial Camera). As the lightest and most compact digital aerial image acquisition system of its kind, the IT Rack has been designed to be fitted on any type of aircraft, from small single engine planes to large bi-turbo ones. Its design, size (HxWxD: 44x27x36cm /17x11x14 in) and weight (35kg/75lbs) make this tailor-made anti-vibration rack extremely easy to install on and remove from any aircraft.
WaveMarket, a leader in location- based services and NAVTEQ, a leading global provider of digital map data for location-based solutions and vehicle navigation, announced NAVTEQ will feature WaveMarket’s Veriplace™ location access platform on its NAVTEQ Network for Developers (NN4D) website, effective immediately at the NN4D website located on the Partner Zones page.
Tele Atlas, a leading global provider of digital maps and dynamic content for navigation and location-based solutions, and Autodesk, Inc., a leader of design innovation software and technologies, have announced a multi-year license agreement whereby Autodesk will use Tele Atlas maps and dynamic content in more than 200 countries and territories worldwide.
Azteca Systems, Inc., the leading provider of GIS-centric management solutions, announced an alliance with Rolta International, a global market leader in GeoSpatial Fusion solutions. The partnership will introduce Cityworks to several nations in the Middle East
thincSoft, the company that “Put Business Intelligence on the Map” announced at the Netezza User Conference that it has integrated its thincVIew application with Netezza Spatial, the spatial extension to Netezza’s market-leading data warehouse appliance.
The partnership will take advantage of the growing need for location-specific information in today’s enterprises. Studies indicate that over 80% of data maintained by corporations has a location component and demand for location-based data is growing across organizations, often from non-traditional users of such data. This growth is driven primarily by the value provided by linking key business intelligence data with location data to create greater organizational insight.
A study by GfK GeoMarketing shows that European consumers have approximately eight billion euros in disposable income available for 2008. State subsidies such as unemployment benefit, child support and pension payouts are included in these calculations.
For the 41 European countries included in the study, this amounts to an average purchasing power of approximately €12,500 per person. Significant regional variations exist, however. For example, inhabitants of Moldova have a disposable income of around €800 per person, while people in Liechtenstein have more than fifty times as much (€44,900 per person).
Tele Atlas, a global provider of digital maps and dynamic content for navigation and location-based solutions, announced Open Green Map, Pongr and the Travel Channel GO as the finalists in the Tele Atlas LBS Innovators Series’ Maps In Apps 2008 competition. Additionally, demonstrating the series’ increasing value and ability to fuel application development, Tele Atlas announced industry partners Autodesk, Inc., and SiRF Technology Holdings, Inc. have joined the Tele Atlas LBS Innovators Series as sponsors.
This year, the Maps In Apps contest was judged by experts from industry-leading companies, including Autodesk, deCarta, Human Factors International, Motorola, Networks In Motion (NIM), Research In Motion and SiRF. To download podcasts of some of the judges discussing impressions of the applications and commentary on the LBS industry, please visit the website.
The GIS Certification Institute (GISCI) Board of Directors and Oversight Committee recently finalized the renewal requirements for GIS Professional Certification and have initiated the renewal process with the first cohort of GISPs, who earned their initial certification five years ago, in October 2003. The renewal application and procedures are documented online.
Topcon Positioning Systems, Inc., (TPS) has announced a change in its management operation that will provide a basis for strengthening current operations and allowing expansion opportunities. A business unit structure set to provide greater market focus, market-responsive product management, expansion capability, and added opportunities for its customers, distributors and employees went into effect September 2.
Pictometry International Corp., a provider of geo-referenced aerial image libraries whose patented and proprietary technology is used globally to capture oblique image libraries, announces that a declaratory action filed by GEOSPAN Corporation against Pictometry earlier this year has been dismissed by the U.S. District Court of Minnesota.
Citing a lack of subject matter jurisdiction, the District Court’s decision to dismiss GEOSPAN’s claim was among the first judgment of its kind to reference lowered declaratory judgment standards as defined recently by the U.S. Supreme Court.
Blue Marble Geographics is pleased to announce that after a resounding response to a survey on spatial data quality measures, the results are now available for participants. The Open Geospatial Consortium (OGC) Technical Committee’s Spatial Data Quality Working Group, under the leadership of Blue Marble President Patrick Cunningham (Vice Chair), and Seb Lessware (Chair) of 1Spatial, developed and distributed the survey to thousands of geospatial data suppliers and users from around the world. The goal of the survey was to provide a solid foundation in the form of user feedback, upon which the OGC could develop relevant terms of measure and a robust spatial data quality model.
Pitney Bowes MapInfo, the global provider of location intelligence, introduced MapXtreme 2008, the next generation of its Microsoft .NET-based location intelligence platform. Leveraging applications developed with the MapXtreme software developer kit (SDK), organizations can integrate location intelligence with existing business systems, enabling them to make better strategic decisions and more effectively manage and protect assets.
Netezza Corporation released Netezza Spatial, an application extension to its high-performance data warehouse appliance. Netezza transformed business intelligence by introducing the simple, fast and cost-efficient data warehouse appliance and is now bringing this same value proposition to location intelligence. With Netezza Spatial, BI professionals, business users and GIS professionals can run location intelligence applications on huge, comprehensive datasets without being hindered by the costs and complexities that previously plagued these deployments.
Brickfish, the social media advertising network, unveiled Geo View, the latest addition to its Viral Map technology, that displays real-time geographic positioning of consumers who engaged with specific brands through social media campaigns. Geo View will allow advertisers to determine where existing and potential consumers are concentrated geographically, enabling more targeted marketing efforts both on and offline.
Munsys, Inc. announced the release of new tools utilizing Google Earth and Google Maps to better visualize utility information. The tools streamline the overlay of Munsys spatial data stored in Oracle into layers in Google Earth and Google Maps, allowing utility and government organizations to take advantage of Google’s rich graphic environment together with applications such as Street View.
3DVU the provider of 3D Photography Navigation, announced the release of multi-language Navi2Go Germany for Windows Mobile, Symbian and BlackBerry Smartphones in time for the IFA consumer electronics trade show in Berlin, Germany. This one of a kind offboard 3D image navigation solution, runs on hundreds of mobile device models for the most intuitive and efficient navigation. Similar to previously released Navi2Go US and Navi2Go UK, Navi2Go Germany is available at the low cost of standard line-based map solutions. Mobile users can purchase Navi2Go Germany through leading content providers and Mobile Operators’ shops such as Windows Mobile software for Microsoft Germany, MobiHand, PocketGear, Mobile2Day, Pocketland, Handango and more.