WESTMINSTER, Colo.- DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, announced the growth of its ecosystem of content producers and consumers who leverage the Company’s Geospatial Big Data analytics platform, GBDX. With this increase in ecosystem partners, GBDX solidified its leadership position.
From Fortune 500 companies, to venture capital-backed startups and government agencies, GBDX has emerged as the platform of choice for organizations seeking to extract actionable insights from geospatial data from various sources. At the heart of GBDX is DigitalGlobe’s 17-year, time-lapse image library, hosted in the Amazon Web Services cloud, where users can leverage artificial intelligence and machine learning algorithms to answer complex questions at global scale. With DigitalGlobe’s acquisition of data science firm Timbr in October, GBDX moved quickly to simplify the way customers explore the diverse capabilities on the platform while streamlining access for ecosystem and data partners to develop unique, valued-added capabilities.
Today, there are hundreds of enterprising developers building innovative applications and machine learning algorithms on the GBDX platform, and DigitalGlobe’s recently expanded professional services business is adapting large-scale analysis and algorithms to mission-critical applications. Customers using GBDX span a wide array of domains and industries around the world, including business intelligence, scientific research, defense and intelligence, global development, and humanitarian aid.
“GBDX is letting us operate at a scale never before possible,” said Pavel Machalek, CEO of SpaceKnow. “We are seeing great traction in the marketplace for our products and are thrilled to continue to innovate alongside DigitalGlobe and GBDX.”
“CrowdAI is tapping into GBDX to accelerate the creation of breakthrough commercial solutions for emerging technology sectors by leveraging the industry’s leading analytics platform and highest-quality satellite imagery with our human intelligence and deep learning/computer vision tools,” said Nic Borensztein, Co-Founder and CTO of CrowdAI.
In addition to SpaceKnow, CrowdAI, Facebook, and PSMA, several other notable organizations joined the GBDX ecosystem or expanded their commitments in the fourth quarter of 2016:
- Lockheed Martin (NYSE: LMT) is using DigitalGlobe’s GBDX platform to build new commercial offerings with a focus on extracting precision coordinates and creating 3D maps on country and continent scales from the highest-resolution, most accurate commercial satellite imagery archive on the planet.
- Video Inform is integrating deep learning algorithms with other machine learning approaches to create its Visual Profiler solution, which quickly detects, interprets and classifies objects of interest in satellite imagery in a short period of time, delivering a new level of actionable information for market and business intelligence products.
- PrecisionHawk is developing a 3D ground-obstacle database using satellite imagery on GBDX to create a drone air-traffic control system with the hopes of safely integrating commercial and consumer drones in the crowded U.S. airspace.
“DigitalGlobe and our partners have processed and run algorithms against petabytes of data on our platform to create epic solutions never before possible,” said Dr. Shay Har-Noy, DigitalGlobe’s Vice President and General Manager of Platform. “We are committed to extending our industry-leading position, improving the user experience through intuitive APIs and additional integrated, off-the-shelf tools that will continue to expand the platform’s appeal to an even broader set of users.”
To learn more about GBDX and DigitalGlobe’s offerings for developers, visit https://developer.digitalglobe.com/.
DigitalGlobe is a leading provider of commercial high-resolution earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.
Special note about forward-looking statements
Certain statements contained herein, including statements about our 2016 outlook, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or future financial performance. We generally identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “continue” or “looks forward to” or the negative of these terms or other similar words, although not all forward-looking statements contain these words.
Forward-looking statements are based upon our current expectations and assumptions of future events and are subject to risks and uncertainties that could cause our actual results or performance to differ materially from those indicated by such forward looking statements. Some of the risk and uncertainties that could cause actual results to differ include, but are not limited to: the loss or reduction in scope of any of our primary contracts, or decisions by customers not to exercise renewal options; the availability of government funding for our products and services both domestically and internationally; our ability to meet our obligations under the EnhancedView contract; our reliance on a limited number of vendors to provide certain key products or services to us; breach of our system security measures or loss of our secure facility clearance and accreditation; the loss or damage to any of our satellites; delays in the construction and launch of any of our satellites or our ability to achieve and maintain full operational capacity of all our satellites; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground systems and other infrastructure; decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; changes in political or economic conditions, including fluctuations in the value of foreign currencies, interest rates, energy and commodity prices, trade laws and the effects of governmental initiatives to manage economic conditions; our ability to recruit, hire or retain key employees or a highly skilled and diverse workforce; failure to obtain or maintain required regulatory approvals and licenses; and, changes in U.S. or foreign law or regulation that may limit our ability to distribute our imagery products and services. Additional information concerning these and other risk factors can be found in our filings with the Securities and Exchange Commission, including Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2015.
We undertake no obligation to revise or update any forward-looking statements, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.