Spottitt Metrics Factory Advances to the Next Level

October 4, 2023
Company news

Since 2017, Spottitt has been on a journey to make asset monitoring easier, more effective and sustainable for all organisations, by leveraging satellite data and AI. As more organizations turned to Spottitt for monitoring growing numbers of assets, we recognized that the traditional geospatial platform’s map view, which was effective for small-scale monitoring, became cumbersome when dealing with larger datasets. Thus, we embarked on the development of Spottitt Metrics Factory (Spottitt MF).

Since its beta launch in late 2022, organizations from around the world have been delighting in the ability to seamlessly view and interact with their asset monitoring data using Spottitt Metrics Factory. These organisations which include power and gas network operators as well as landowners, collectively oversee more than 50,000 kilometers of assets, streamlining remote asset monitoring at large scale, improving asset reliability, and avoiding approximately 350 tons of CO2 from helicopter flights.

Spottitt MF is the first satellite-powered analytics platform that enable asset managers to dynamically interact with objective and actionable information about dozens of different types of risks affecting new or existing assets.

Today, thanks to the invaluable feedback of Spottitt MF’s beta users, we’re thrilled to announce new features that make it even easier to leverage satellite-based monitoring at scale, irrespective of an organization’s current technology stack.

Newly Introduced Features

✅ VARIABLES

A Variable defines what the user wants to look at in their area of interest (AoI).

Spottitt MF provides a wide array of predefined “parent” variables, such as trees, buildings, wind speed or precipitation.

However, most of the time the user will want to create a custom variable, by filtering a parent variable by any metric related to that. For example, the user can define a Tall Building Variable as any building >=12m tall that is within 5 m from the closest asset and a second Medium Building Variable as any building >=8m tall that is within 3 m of an asset. Or find veteran trees in your district by defining a Veteran Tree Variable as any tree >30m tall.

The possibilities are extensive, as variables are highly customizable. Users have the capability to save each custom variable for use in multiple reports, enhancing the flexibility and efficiency of their analyses.

✅ EVENTS

Every time a variable appears in the AoI, it is defined as an “Event” in Spottitt MF.

The Event View feature allows users to compile a comprehensive list of these filtered events that impact their area of interest. Users can access the associated information either within the data table or on the map interface.

✅ EVENTS MERGING

Given that the quantity of individual events, which can be as small as single trees, can become overwhelming, users now have the option to “group” events based on their proximity to each other.

✅ REPORTS

Reports define the way the user wants to have their Events presented to them.

For example, the user can define a Building Report which includes both Tall Building Variable and Medium Building Variable.

Users can create and save multiple reports, seamlessly transitioning between them as necessary. This not only simplifies the process of locating and extracting the desired insights but also significantly enhances the speed and efficiency of data delivery.

✅ ASSET VIEW

Users now can associate all monitored Events with each individual asset. This simplifies the process of understanding which assets are most affected by the specific Events configured by the user.

Consider this scenario: Would you prioritize an asset with just one Event affecting 1% of its length or another asset with 100 Events impacting 56% of its length? Alternatively, your organization might be focused on minimizing clearance distances, directing your attention to areas with the smallest minimum clearance distances.

Spottitt MF offers an intuitive solution, placing all this pertinent information at your fingertips. You can access details about the Events affecting each of your assets in both tabular and map view formats.

✅ LABLE IN THE MAP

In the map view, users can now simply click on each individual Event to access its comprehensive details, streamlining the experience for both back-office and in-field users.

✅ SPEED

Several backend automations have been implemented to significantly speed up the delivery of results following the capture date of satellite data. This enhancement enables users to process and interact with millions of pixels of data, spanning thousands of kilometers of assets, much more swiftly than the initial version of Spottitt MF.

✅ INTRODUCTION OF THE SUBSCRIPTION MODEL

In addition to the introduction of new features, we are equally thrilled to unveil our new pricing model, designed to offer users greater flexibility and lower imagery costs.

With this model, Spottitt MF users pay a subscription fee based on the number of unique assets monitored by Spottitt MF, plus an analytics access fee based on the type and volume of data processed.

This pricing approach enables to reduce the cost of high-resolution optical satellite imagery by over 25%.

Coming Soon Features

☑️ ASSET DATA UPLOAD

Users will gain the capability to upload their asset information within Spottitt MF completely independently.

☑️ DATA INTEGRATION

A broader array of data export and integration options will be available for both data table and map view formats.

☑️ SCHEDULED DATA CAPTURE

Users will have the ability to request the capture of new satellite data directly within Spottitt MF.

☑️ COMPARATIVE VIEW

In addition to the Event View and the Asset View, users will have access to the Comparative View within Reports. This feature will enable users to compare how events impact each asset across different monitoring passes. This will prove invaluable, for instance, in assessing the rate of vegetation growth in proximity to each asset over time.

The Spottitt team remains dedicated to tirelessly developing new features that further enhance the accessibility and effectiveness of satellite-based monitoring on a large scale. We extend our gratitude to all our early adopters for their patience, unwavering support, and valuable input for continuous improvement.

Niccolo Teodori

Spottitt Chief Growth Officer

Our latest news:

Spottitt MF Monthly Update: New Features & Enhancements

April 2, 2025

At Spottitt, we’re constantly working to enhance your experience with our analytics platform, by making data visualization and reporting more intuitive, flexible, and insightful. This month, we’re introducing several updates which give you even more control and customization.

🌍 Your Free Climate Data Now Displayed as a Gradient Layer in a Map Format
Just like our other data layers, your free climate data can now be viewed on the map in a compact gradient color format. While generating a report on how each climate parameter impacts your assets is the best way to match this data to your assets and can be nice to view these data layers – helping you assess environmental exposure at a glance.

asset risk report creation across multiple data layers

Introducing an Upgraded Spottitt MF 2.0: What’s New? Part 2.

January 28, 2025

The upgraded Spottitt platform now empowers users to customize reports in a single step, using multiple data layer types, filters, and display preferences.

Layer types refer to the specific input data leveraged for a monitoring use case.

Depending on the source data purchased through Spottitt MF, the available layer types might include but are not limited to: Optical Vegetation and Man Made Classes, Wind, Precipitation and Temperature Classes, SAR (Synthetic Aperture Radar) Land & Asset Motion Classes, Digital Elevation Data Classes.

satellite Earth Observation data for asset analysis

Introducing an Upgraded Spottitt MF 2.0: What’s New? Part 1.

January 22, 2025

As climate change intensifies and extreme weather events become more frequent and severe, it’s clear that understanding climate and weather variables is no longer just a ‘nice to have’ for asset owners. Recent disasters all over the globe, including the devastating wildfires in Los Angeles, USA, only emphasise the necessity of integrating climate and weather data into asset monitoring workflows.

Building on our past successful climate impact analytics projects, such as updating severe weather maps for SPEN, we are thrilled to announce the coming soon launch of Spottitt Metrics Factory 2.0.

Welcome to Spottitt’s Chief Technology Officer

October 9, 2024

We are thrilled to announce that Sebastian Sobocinski has joined us as Chief Technology Officer (CTO).

With a wealth of experience as a CTO, Chief Product Officer (CPO), and Software Development Director, Sebastian brings a strong background in IT project management. As he puts it, he is passionate about leveraging his extensive knowledge and skills to create value and drive impact through innovative business and technology solutions.

Spottitt Closes 800K USD Bridge Financing Round

June 17, 2024

In only 12 months since its launch, our AI-powered geospatial analytics service, Spottitt Metrics Factory, has gained significant traction and annual recurring revenue (ARR) among critical infrastructure owners.

Today, we are thrilled to announce the successful closure of an $800,000 bridge financing round.

This round has been led by US based VC fund, Right Side Capital Management, with support from our existing shareholders, KIC InnoEnergy SE, three amazing angel investors, and Spottitt founders CEO Lucy Kennedy and CFO Paolo Senes. We could not have achieved this funding milestone so swiftly and smoothly without the Qubit Capital team.

Spottitt Provides a Solution to Automatically Detect Changing Conditions on the NSW Road & Rail Network

March 28, 2024

Spottitt became Finalist in Transgrid’s Challenge for real-time insights for company’s easement route planning and Champion for Transport for NSW Challenge for tracking safety of roads and railways using satellite data.

The New South Wales network includes 6,800 route kilometres of operational rail lines and 17,600 km of state roads and highways.

TfNSW has identified Earth Observation satellites as a valuable addition to the monitoring technologies currently deployed and was looking for innovation to automatically detect changing conditions of network and potential risk modelling.