I have brought up the agriculture sector as an area that I dont think nearmap has targeted up until this point previously. Does anyone have any info relating to the size of nearmaps agricultural sector? I know that the density of customers may be less in these areas but could still be a worthwhile pursuit depending on areas and flight frequency requirements.
Also, FWIW i think you would be naive to think that the satellite imagery is not competition. As imagery technology gets better, they will be able to take photos at a similar resolution to nearmap. It wont be overnight but it will happen. While cloud cover makes it difficult to take clear photos, it is not cloudy every day so the ability to take photos more frequently than nearmap for little additional cost will keep NEA on its toes at some point.
Like everything, NEA will be established at this point so long term customers will be harder to pry away as their systems will be integrated, and NEA should hope that their services are a better offering.
There will come a time when NEA will be in deep competition with satellite imagery, but it has a number of years to work out its strategy on how to deal with them.
- Forums
- ASX - By Stock
- NEA
- Planet Labs captures 1.2 million images daily!
Planet Labs captures 1.2 million images daily!, page-6
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online