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PARSEC Business Accelerator Boosts EO Enterprises

By GeoConnexion - 1st July 2020 - 09:46

100 SMEs in the EO field have been selected for financial and technical support by the PARSEC business accelerator​, 10 of them will receive the “grand prize”. Part of the support is the enabling multi-Petabyte PARSEC datacube platform which has been introduced to the SMEs. Harnessing the power of Big EO Data requires efficient handling of the volume, velocity, variety, and veracity of multimodal EO data, such as the Copernicus Sentinels. SMEs entering the EO market require expensive experts top-skilled in IT and remote sensing alike, which distracts precious resources from the core business. These barriers make it difficult for SMEs gaining ground in the market. This is where PARSEC comes to help. This European funded project will effectively support SMEs in addressing these challenges through both business development support, financial support, and a massively scalable EO datacube service.

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