Geospatial Corporation is positioned to capitalise on the growing demand to locate, map and manage the millions of miles of buried energy, water, telecom and electrical pipelines and conduits across the US.
In the last 12 months, the company has embarked on an aggressive launch of its new data acquisition model and its cloud-based GIS platform, GeoUnderground. GeoUnderground provides proprietary software built on Google Maps to create and manage digitised renderings of underground pipelines and other infrastructure.
The company is proud of the hard work and resources it has put into the development of GeoUnderground in 2015, and Geospatial being accepted as a Google Cloud Partner – Technology Track. As one of the first Technology Track partners, Geospatial will be provided substantial access to Google's marketing and technical capabilities. In 2016, the company enjoyed tremendous traction with its total solution by providing GeoUnderground to all of its underground mapping clients. It has developed great testimonials and is building excellent use cases for its upcoming marketing with Google.
As the company closes out 2016 with solid record revenue growth, it looks forward to 2017 and the increased focus on the nation's pipelines and other underground infrastructure. It will continue to build on its model of providing high quality 3D underground infrastructure data to its multiple verticals and growing list of customers, add to its technology and service partners while continuing to add to GeoUnderground functionality, including the release of its API to further its clients' ability to manage their most accurate and actionable data from the field.
With the growing awareness of infrastructure needs in the US, it has brought to light all the challenges of managing the company’s underground infrastructure.
The majority of the company’s revenue in 2016 was derived from mapping the oil and gas transmission and distribution markets. However, Geospatial Corporation also sees growth in other infrastructure markets. State local and education (SLED) markets are under increased pressure to manage their underground infrastructure due to the global proliferation of SMART cities, growing health and safety concerns and the rapidly changing technologies bringing us autonomous driving vehicles and soon, autonomous excavators and other construction and maintenance advances.
The future looks bright for the vertical markets the company serves.
Read the article online at: https://www.worldpipelines.com/business-news/15122016/geospatial-to-continue-providing-underground-pipeline-and-infrastructure-data-in-2017/