We are in a Digital Age. Get ready to be digital or be out of the game. This is true for all business enterprises and governance institutions unless you don’t want to acknowledge the fast-approaching irrelevancy and natural exit.
I hate to accept this truth, but reality is what one can build by efficiently using digital tools in a year, may take few years to get hang of it otherwise. And by the time one succeeds, it gets outdated because someone else with better understanding and adoption of digital technology has made it work.
Though what excites me the most is growing recognition of combined value of space infrastructure and geospatial analytics in overall digital environment.
Host of technology innovations across Digital Twins, Metaverse, Generative AI, and Automation is driving geospatial crazy, but at the same time, it’s opening huge opportunities to make digital more real and immersive by adding visualization and real-time insights. This plays a critical role in next-generation models of business and governance.
Generative AI and Platforms
As we consume more and more digital, we continue to share our lifestyles, business workflows, and beyond. This is the real data that’s making generative AI more customized and accurate – and we get served back with more structured behavioural patterns and insights. As a consumer, I may use several apps, but as a business person, I would prefer developing my own platform.
So, it’s obvious that generative AI and platforms will be biggest drivers of next few years. Instead of getting into complexities of data matrix, I would love to visually understand interdependence of workflows, assets, market outreach, and likely threats.
Space and geospatial industry are all about integrating and enriching data ecosystem and delivering actionable insights, to support Digital Twins of everything powered by generative AI and platforms of everything.
Environmental and Social Governance
Undoubtedly, civilization is challenged by existential crisis. Thereby it’s imperative to co-create sustainable living today so that we can leave behind knowledge and resources for our loved ones – the next generations.
ESG is an approach towards attaining ‘sustainability of everything’, through integrating ESG principles within workflows of every aspect of business and governance. It’s not limited to advocacy for climate resilience but includes principles and practices for advancing sustainable economies and societies.
Geospatial Knowledge Infrastructure provides an integrated approach to measure, model, monitor, and manage resources, assets, connected workforce, and associated risks, thereby contributing towards productivity, efficiency, transparency, and compliance – the four pillars of ‘sustainability of everything’.
Data Sovereignty and Security
Today, nations are grappling with growing influence, power, and outreach of digital platforms. The line between ‘Right to Information’ and ‘Right of Influencers’ is very thin. Often influencers do not limit themselves to consumers, but go well beyond, disrupting businesses and governance institutions, ultimately touching to core of national security and sovereignty.
Resilient national digital ecosystems, duly augmented by space infrastructure and geospatial solutions, are critical determinants of sustainable and secure national development goals.
Integrated national space and geospatial policies and strategy is the need of the hour, and so are robust and effective governance models, supporting progressive adoption of generative AI, and building in protection and security mechanisms.
While it’s time to invest strategically in digital infrastructure and utilize the best available in global market, it’s equally crucial to create an environment of innovation and entrepreneurship that fosters growth, resilience, as well as data sovereignty.
Disclaimer: Views Expressed are Author's Own. Geospatial World May or May Not Endorse it
