The Indian Space Research Organisation (ISRO) is giving Indian entrepreneurs an opportunity to utilise ISRO's National Remote Sensing Centre's (NRSC) 17 million GB of geo-spatial data collected through a series of its earth-mapping satellites in order to launch app-based startups and make millions by providing consultative services to their respective users.

Geospatial data basically refers to information about physical objects (in terms of agricultural information, land, water resources, crops etc) that can be represented in a geographic coordinate system by numerical values. These data have been procured by making use of 21 remote sensing satellites till date- the IRS-1A satellite, which launched on March 17, 1988 was the first one to be launched and the Resourcesat-2A, which launched on December 7 last year was the last one.

The data collected from Indian Remote Sensing satellites is utilised for a number of applications of resources survey and management under the country's National Natural Resources Management System. These applications include ISRO disaster management support programme; space-based inputs for decentralised planning; 1992 initiated integrated mission for sustainable development for generating locale-specific prescriptions for integrated land and water resources development in 174 districts; drought monitoring and assessment based on vegetation condition; biodiversity characterisations at landscape level; space-based inputs for decentralised planning; pre-harvest crop area and production estimation of major crops; coastal studies; national urban information system; flood risk zone mapping and flood damage assessment; hydro-geomorphologic maps for locating underground water resources for drilling wells; land-use and land cover mapping; mineral prospecting; irrigation command area status monitoring; urban planning; mineral prospecting; snow-melt run-off estimates for planning water use in downstream projects; forest survey; wetland mapping; and environmental impact analysis.

In a statement given by Dr YVN Krishna Murthy, director, NRSC, to Bangalore Mirror at the recent held 104th Indian Science Congress in Tirupati, he had said that they have been successful in gathering 17 million gigabytes (or 17 petabytes as 1 petabyte is 1000000 gigabytes) of geospatial data. According to him, this 17 million GB figure can be expected to cross well past 50 million GB in a period of next five years, courtesy a constellation of satellites being added by ISRO in the space to map India.

According to Mr. Murthy, the 17 million GB geo-spatial data holds massive scope for startups. He said, with the passage of time, the cost of technology will come down while its scope will only increase.

So, if you're a budding entrepreneur, then this is a million dollar opportunity definitely worth considering.

[Top Image - Shutterstock]

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