Establishing and protecting PSM relationships
In addition to serving customers in the estimated $200 million-per-year insurance market for imagery-based solutions, Geomni is establishing thousands of PSM relationships in the multibillion dollar yearly US geospatial data market. The PSM’s, in turn, serve markets such as engineering, construction, utilities, government, infrastructure, and others. Geomni is looking to serve these markets by working exclusively with and through the professional PSM professionals, whether they work for or own a firm, or are within an agency department. Our goal is to protect PSM’s and their direct relationships to the end users of the data. Combined, insurance, finance, banking, and oil & gas comprise less than 15% of the myriad uses of 3D data. There are close to 7,000 highly specialized firms (and sometimes, entity, or agency departments) that are wholly focused on acquiring, adding value to, or creating analysis from 3D datasets. PSM firms and departments are our channel partners in “the other 85%” of the geospatial marketplace. Geomni provides mapping professionals and departments important terrestrial data that supports their need to accurately record our ever-changing world. From forestry to coastal change, landfill monitoring to landslide prediction; Geomni will be serving thousands of new projects over the coming year—each with a need for the latest technologies in aircraft efficiency, and in sensor advancement. These new capabilities and technological achievements, taken together, are yielding efficiency and effectiveness gains of over 50%, enabling us all to better serve our customers.