Planet Announces Planet Insights Platform with Powerful Tooling for Unlocking Earth Observation Data
April 09 2024 - 6:00AM
Business Wire
Planet Labs PBC (NYSE: PL) today announced Planet Insights
Platform, the all-in-one place for creating Earth insights. Planet
Insights Platform is a milestone in the journey to unify Planet’s
product portfolio and the power of Sentinel Hub, which Planet
acquired last year. Combining Planet’s analysis-ready Earth data
products with cloud-based analytics and tools will allow users to
efficiently analyze, stream, and distribute data at scale, so they
can make decisions reliably and with confidence. With this launch,
Planet is enabling broad area management solutions that allow
governments and businesses around the world to unlock Earth
observation data and get answers.
“Empowering our customers and partners to easily unlock the
immense value within Planet data is our primary focus,” said Troy
Toman, Senior Vice President of Product and Software Engineering at
Planet. “Planet Insights Platform is an important milestone on that
journey. We’ve unified our core offerings into a powerful set of
APIs and tools that provide access to multiple data sets and
powerful analytics. This breaks down the conventional barriers to
leveraging the power of Earth observation data while laying the
foundation for future cutting-edge capabilities that make it easier
for our partners to build solutions and our customers to get the
answers they need.”
Today, the platform brings together new capabilities that
dramatically improve customers’ capacity to analyze and orchestrate
large volumes of Earth data, reduce upfront development and
maintenance costs, and focus on differentiation. These updates
include:
- A unified account experience across Planet & Sentinel
Hub: By linking the two platforms, users will now be able to
access cloud hosting and imagery analysis tools from Sentinel Hub
through a single login.
- Enhanced Analysis-Ready PlanetScope data: Analysis-Ready
PlanetScope uses proprietary AI to create harmonized, cloud-masked,
and spatially consistent daily stacks of images, which enable
time-series analysis and machine learning applications.
- Updated global Road & Building Change Detection:
Planet’s Road & Building Change Detection AI-based models point
to where development is taking place across country-wide areas, on
a weekly basis. This can help users clearly understand how and
where the places they care most about are evolving.
- New and improved Planetary Variables: Field Boundaries
trace the boundaries of agricultural parcels, giving insights into
different crop types and growth throughout the season.
Additionally, Crop Biomass Planetary Variable now integrates
Planet’s daily, global PlanetScope data, offering a cloud-free,
analysis-ready data product for monitoring agricultural
fields.
- Time series and statistical analysis: Within the Planet
Insights Platform, users can efficiently translate imagery into
formats best suited for advanced data science and AI / ML
models.
“Making sense and taking action in the face of the global
challenges that governments and businesses are facing today
requires looking broader, closer, deeper, forward and backward in
time,” said Will Marshall, co-founder and CEO of Planet. “And
further, solving such challenges requires not just data, but
solutions. I’m so excited for this strategic launch because it
creates a central place to access the best of Planet data,
analytics, and unique tools that will enable an ecosystem of
customers and partners to build innovative solutions in this time
of rapid global change.”
With the Planet Insights Platform, users can build insights and
solutions, make decisions, and act faster. Valentin Louis, Senior
Earth Observation Specialist at the Rural Payments Agency, shared,
“We needed fast and quick access to satellite data that helped
reduce the time spent on downloading and pre-processing. That's
where Planet Insights Platform comes in. It helped us quickly
distribute, assess, and process data and insights across our agency
by integrating seamlessly in our current software ecosystem.”
Planet Insights Platform aims to provide users with robust,
multidimensional Earth data that are accessible and actionable at
the moment of inquiry. To learn more, join Planet for a virtual
event on April 11, 2024 at 8 am PST. Register now at Planet’s
website.
About Planet
Planet is a leading provider of global, daily satellite imagery
and geospatial solutions. Planet is driven by a mission to image
the world every day, and make change visible, accessible and
actionable. Founded in 2010 by three NASA scientists, Planet
designs, builds, and operates the largest Earth observation fleet
of imaging satellites. Planet provides mission-critical data,
advanced insights, and software solutions to over 1,000 customers,
comprising the world’s leading agriculture, forestry, intelligence,
education and finance companies and government agencies, enabling
users to simply and effectively derive unique value from satellite
imagery. Planet is a public benefit corporation listed on the New
York Stock Exchange as PL. To learn more visit www.planet.com and
follow us on Twitter.
Forward-looking
Statements
Except for the historical information contained herein, the
matters set forth in this press release are forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, the Company’s ability to capture market
opportunity and realize any of the potential benefits from current
or future product enhancements, new products, or strategic
partnerships and customer collaborations, the Company’s ability to
successfully integrate and market Sentinel Hub or other newly
acquired business or technology into its existing offerings.
Forward-looking statements are based on the Company’s management’s
beliefs, as well as assumptions made by, and information currently
available to them. Because such statements are based on
expectations as to future events and results and are not statements
of fact, actual results may differ materially from those projected.
Factors which may cause actual results to differ materially from
current expectations include, but are not limited to the risk
factors and other disclosures about the Company and its business
included in the Company's periodic reports, proxy statements, and
other disclosure materials filed from time to time with the
Securities and Exchange Commission (SEC) which are available online
at www.sec.gov, and on the Company's website at www.planet.com. All
forward-looking statements reflect the Company’s beliefs and
assumptions only as of the date such statements are made. The
Company undertakes no obligation to update forward-looking
statements to reflect future events or circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20240409550189/en/
Planet Press Sarah Bates comms@planet.com
Planet Investor Relations Chris Genualdi ir@planet.com
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