Indian Railways and GeoEye ink six figure deal

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The Geospatial Industry has been showing tremendous growth in the last couple of years. Last week, Google released the market research documentation for the GI industry that had all of us excited.

Today I understand that Indian Railways and GeoEye have signed a six figure deal. The Geospatial economy is really on the boom!

GeoEye received an order from the Indian railways for its Stereo imagery. The six digit purchase is definitely a big financial boost to GeoEye and is probably the first time an Indian government agency is purchasing satellite imagery from a corporate. In fact GeoEye was recently acquired by DigitalGlobe in a highly publicized merger cum acquisition.

The Stereo imagery products will have a spatial resolution of 50 centimeters; the highest resolution satellite imagery that is commercially available. This new deal is to help the railways with planning, design and alignment of freight corridors and even two high-speed transportation corridors within the country.  Indian railways have been showing a lot of interest in GEO applications off late. The RailRadar project being a highly successful first step in that direction.

One of the largest employers in the world, Indian Railways transport over 25 Million people daily! The 3-D visualization will augment the engineering department’s capabilities and will help complete projects on time.

Chris Tully, GeoEye’s senior VP of Sales had earlier said “GeoEye-1 stereo imagery is a cost-effective investment for organisations like the Indian Railways Ministry as they pursue development programmes that require them to have access to three-dimensional images of existing man-made structures and natural terrain. This agreement also marks an important milestone for GeoEye, as the Railways Ministry is the first Indian government agency to purchase GeoEye stereo imagery.”

Although the Indian railways could have got the Indian Space Research Organization to launch a satellite in the near future to help with 3-D visualization, this decision to me looks like a sign that perhaps they are realizing the importance of Geospatial Information and wouldn’t like to wait any longer. A notable fact being that ISRO’s Cartosat series was widely known for its spatial resolution and stereo vision capability before GeoEye-1 came into the picture.

Let’s hope that this deal will catapult the use of Geospatial information by Government’s to the next level.

 

I am one of those passionate "Geo-geeks" and "Geo-people" who is just too excited about everything Geo and Management. Location information and spatial technologies are just too big to take a back seat and watch them revolutionize the world. Always curious and looking for ways to innovate, I guess that it comes naturally by the gene pool I inherited from an engineer Mom and a researcher Dad.

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