Geospatial Insight build visual intelligence solutions with Williams Martini Racing

Geospatial Insight Build Visual Intelligence Solutions with Williams Martini Racing

 

 

Geospatial Insight, a leader in visual intelligence derived from geospatial big-data, and Williams Martini Racing Formula One team today announced a new technology partnership. As part of the agreement, Geospatial Insight will develop innovative visual intelligence capabilities for Williams, using their expertise in geospatial intelligence, big-data analytics and machine learning.

Formula One represents the pinnacle of motorsport and is widely acknowledged as one of the world’s most technologically advanced sports. Increasingly, the teams turn to insights derived from the analysis of diverse data sources to aid technological development and improved race performance. The ability to make informed decisions on car technical development and race strategy is critical for success.

 


“Formula One is a data-driven sport”

 

                                                                          Paddy Lowe, Chief Technical Officer

Geospatial Insight provides actionable business intelligence derived from the analysis of satellite, aerial and drone imagery, in conjunction with other datasets. They combine sophisticated data sources and advanced technologies, including machine learning, to produce evidence-based alternative data that enables their clients to make better business decisions for competitive advantage.

Through its partnership with Geospatial Insight, Williams will benefit from proprietary visual intelligence software which provides big-data analytics services, and access to dedicated machine learning resources targeting insight driven performance improvement.

 


“Geospatial Insight’s commitment to the delivery of technological innovation is a value shared by Williams. It was clear even from preliminary discussions that their capability could deliver actionable insights for us and we are excited to work with them.”

 

                                                               Claire Williams, Deputy Team Principal at Williams Martini Racing

 

Formula One is a data-driven sport” stated Paddy Lowe, Chief Technical Officer at Williams Martini Racing. “Geospatial Insight have deep expertise in geospatial data and focus on delivering competitive advantage through evidence-based insights.  We are delighted to be partnering with Geospatial Insight on a project that we believe represents a first in motorsport. We look forward to collaborating on new data-sets in the pursuit of technical excellence.”

 


 

“We’re excited to be working alongside the Williams Martini Racing Team and exploring the opportunity to jointly develop new innovative technologies for our customer base.” 

 

 Paul Fearn, CTO of Geospatial Insight


 

Paul Fearn, CTO of Geospatial Insight said “Formula One’s hyper-competitive environment has given rise to new benchmarks in technology innovation that can be leveraged beyond motorsport. Geospatial Insight focuses on helping our customers achieve superior performance outcomes, which aligns perfectly with Williams long heritage in the pursuit of excellence through technical innovation. We’re excited to be working alongside the Williams Martini Racing Team and exploring the opportunity to jointly develop new innovative technologies for our customer base.”

 

 

 

For more information about machine learning, visual intelligence, data-led insights and technology in motorsport visit Geospatial Insight’s dedicated website at winningformula.io


 

About the Author: Paul Fearn

Paul has worked in the geospatial industry for over 20 years, primarily focused on the creation and delivery of new products and services. Achieved average ROI in excess of 100% across multiple product and service developments.

 

 

 

Get in the ring challenge

Get in the Ring Challenge

 

Entrepreneurship is all about the fight and we need to roll with the punches to stay in the ring.

And if you’re an entrepreneur and you’re ready to kick it up a notch then be part of the Global Meet Up 2018 and take this Challenge.

 

What is the challenge?

 

SkelEx is inviting other innovative start-ups to collaborate with them in looking for solutions to augment strength to those who are working hard to make our lives easy. If you’re passionate about solving practical and real-world challenges, then look no further.

For selected start-ups, there is a possibility to develop and test the solutions in partnership with SkelEx and their corporate partners, such as Bilfinger. Selected start-ups will demonstrate their solution with an on-site demo, based on which the opportunity for pilot testing and funds to further develop the solution in collaboration with SkelEx will be offered.

 

The ultimate goal is to bring a working solution to the customers in the next 12 – 18 months.

 

Lifting solutions: ones that help in repetitive lifting and moving heavy objects (>15 kg), such as for baggage handling at airports or in logistics

Handling solutions: ones that help in handling tools and workpieces (<15kg) for assembly, inspection, maintenance or cleaning, ranging from window cleaning to sandblasting to the repetitive handling of heavy tools in manufacturing

Peripheral solutions: ones that do not directly augment strength, but help the workers, eg heating/cooling/ sensors/connectivity.

 

What’s in for you: PILOT CONTRACT, CASH PRIZE, EXPERT COACHING, ACCESS TO NETWORK

 

Learn more about the challenge

Geospatial Insight announces investment from VenturesOne Investments and Foresight Williams Technology EIS Fund

Geospatial Insight Announces Investment from VenturesOne Investments and Foresight Williams Technology EIS Fund

 

Geospatial Insight, a leader in visual intelligence derived from geospatial big-data, today announced a £3.5m growth equity investment from Foresight Williams Technology EIS Fund and VenturesOne Investments. The financing will be used to expand Geospatial Insight’s machine learning capabilities as well as fast-tracking additional product streams and visual intelligence customer solutions.

 


 

“We are delighted to receive investment through the Foresight Williams Technology EIS Fund and VenturesOne.”

 

David Fox, CEO of Geospatial Insight


 

The capital injection follows a Series A investment by VenturesOne, growth equity investors, completed in July 2017 and seed funding by Midven, the Birmingham based venture capital company, through the Exceed Partnership Fund in December 2014.

 


“The fund’s core mandate is to support high-quality, disruptive businesses with excellent management teams and Geospatial Insight represents a premier example.”

 

Bernard Fairman, Chairman, Foresight Group


 

Using a combination of machine learning, big data analytics and remote sensing techniques, Geospatial Insight provides evidence-based insights for improved decision making in a range of sectors including financial, trading markets and insurance.  This specialist skillset puts Geospatial Insight at the forefront of the explosion of geospatial data and machine learning development helping to deliver radically new insights into key events and trends around the world.

 


“Visual intelligence can provide a competitive edge and Geospatial Insight are positioned at the forefront to deliver on that promise.”

 

Rafael Aldon, director at VenturesOne and Non-Executive Director of Geospatial Insight


 

David Fox, CEO of Geospatial Insight, commented: “We are delighted to receive investment through the Foresight Williams Technology EIS Fund and VenturesOne. During the next 12 months, we will be strengthening our machine learning expertise and developing new customer propositions that better inform enterprise decision making.  By doing so we will also further extend our leading position in delivering business intelligence and analysis derived from satellite, aerial and drone imagery.”

Bernard Fairman, Chairman, Foresight Group, commented: “Geospatial Insight addresses global challenges and is a highly scalable business.  The fund’s core mandate is to support high-quality, disruptive businesses with excellent management teams and Geospatial Insight represents a premier example.”

Rafael Aldon, director at VenturesOne and Non-Executive Director of Geospatial Insight said:  “The addition of Foresight Williams EIS Fund is of strategic significance and signals to corporates that visual intelligence can provide a competitive edge and Geospatial Insight are positioned at the forefront to deliver on that promise.”

 

 

No goods should go to waste!

Therefore during the Holiday season there is a special auction live, Copper Bathtub. With this auction Saltrex and is co-founders Ventures One want to help fund The Ocean Cleanup. Be the highest bidder for the copper bathtub and your bid will be donated to help with the largest ocean cleanup in history!