activity - Thu, 07/05/2020 - 15:05

Satellite video analytics for commodity traders, analysts and planners

The SAVANT service aims at monitoring the world’s most important copper smelting plants, to supply more accurate and timely data to the commodity markets for copper traders, market analysts and fund managers. The SAVANT service makes use of machine learning and AI to analyse this data through the SAVANT Global Copper Smelting Index. Using Earth Observation data, collected and analysed on a weekly basis, the Index delivers insights into fluctuations and disruptions in the supply of copper from the world’s smelting plants, the closest point of supply to the world’s commodity markets. The service mainly targets commodity traders and market analysts within the metals industry that want to receive regular insights on production levels to guide their trading activities, particularly for regions of the world where information is not readily available or timely, and not specifically tailored to analyst’s needs. SAVANT uses Earth Observation data from space, in addition to other data sources, to conduct advanced analytics and deliver insights to traders. This space-based advantage delivers unprecedented timeliness and targetability that gives SAVANT indices a real edge over traditional sources of data and information services.

Organization:
ESA
Directorate:
TIA
Keywords:
Finance
Insurance
Investment
Regions:
Global
Type:
Demonstration Project
Status:
Completed