Overstory Aims to Help Companies Mitigate Climate Risks with AI
References: overstory.ai
With the impending threat of climate change, planet intelligence has never been more important, and Overstory taps artificial intelligence and satellite data in order to make the world a safer place. The software "extracts insights from a high variety of very high spatial and temporal resolution satellite data sources, including multi- and hyperspectral imagery, SAR and video." This information is then analyzed using artificial intelligence algorithms that are trained in trees and vegetation. Actionable insights are then delivered, "facilitating predictive planning, tracking and verifying trimming cycles by contractors, and timely reports on Vegetation Management KPIs."
Aside from risks, the planet intelligence software also tracks priority, based on the likelihood and potential consequences of each risk area. These include fire risks, storm damage, forest vitality, and more. They are color-coded by importance.
Image Credit: Overstory
Aside from risks, the planet intelligence software also tracks priority, based on the likelihood and potential consequences of each risk area. These include fire risks, storm damage, forest vitality, and more. They are color-coded by importance.
Image Credit: Overstory
Trend Themes
1. Climate Risk Mitigation - Opportunity for companies to use AI and satellite data to assess and manage climate-related risks.
2. Artificial Intelligence in Vegetation Management - Disruptive innovation in using AI algorithms to track vegetation health and optimize trimming cycles.
3. Predictive Planning for Risk Mitigation - Potential for utilizing predictive analytics to plan and respond to risks such as fire, storm damage, and more.
Industry Implications
1. Environmental Consulting - Environmental consulting firms can leverage planet intelligence software to provide detailed risk assessments and recommendation strategies for clients.
2. Electric Utilities - Electric utility companies can adopt the software to proactively manage vegetation near powerlines and prevent outages caused by storms or falling trees.
3. Insurance - Insurance companies can incorporate planet intelligence software to assess potential risks and offer more accurate policies based on real-time data.
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