Salient

It's cold. Gas prices are volatile. How long will it last? Salient's Janet Lee weighs in on what's next. #forecastfurther https://lnkd.in/e-t57tuv

Laura Fieselman is attending the National Retail Federation event next week. Let us know if you are in New York City 🗽 and want to grab a slice 🍕 with Laura while she is in town. https://lnkd.in/e3abBBn

Matt Stein, Karl Critz, and Fran Bartolić are speaking at the American Meteorological Society's annual event January 13-16. Please let us know if you are attending!

Salient is hosting a webinar on how energy and agriculture customers are using long-range weather data. Join us on January 30th at 12 pm ET. Register here: https://lnkd.in/griEtHbX

Proud to have Salient featured in the Climate Compass guide to Next Gen Climate Companies. The report is a snapshot of startups advancing our global economy toward a decarbonized, #resilient, and abundant future. 🌎 #forecastfurther Thanks to the authors for profiling the themes and technologies positioned to be most impactful. Tag Lily Bernicker at Wireframe Ventures, Calvin A. Cupini at Activate, Hannah Friedman at Planeteer Capital, Jessica Eastling at The Nature Conservancy, Mikaela Lipsky and Priscilla Tyler at True Ventures, Olivia Dippo at Limelight Steel, Sabriya Stukes, PhD at SOSV, Katherine Cunningham and Jyotika Chandhoke at The Ad Hoc Group, and Wunderdogs.

Matt Stein on The Rise of the Data Connoisseur. We appreciate the spotlight on leveraging advanced weather forecasting for the clean energy transition, North American Clean Energy.

Energy and agriculture sector decision-makers are power users of Salient's probabilistic subseasonal-to-seasonal weather forecast data. But weather impacts other sectors, too. Total weather impact was ~$403 million in Q3 2024 sales across five of the largest retailers (source Paul Walsh / G2 Weather Intelligence). How would better forecasts shape these kinds of impacts? Salient's Laura Fieselman will be at National Retail Federation 2025 probing how our medium- and long-range weather forecast data can serve the retail sector. Reach out if you want to connect in NYC. ps: We recommend Paul's excellent lookback for a sampling of how the weather affects consumer demand, downstream sales, and earnings: https://lnkd.in/e5ehBqgi Tag The Home Depot, American Eagle Outfitters Inc., Gap, Ross Stores, Inc., Burlington Coat Factory Store.

Index-based insurance is a new and useful model. Unlike parametric insurance, another new model in which straightforward parameters trigger payouts, index-based insurance uses indices. Indices are often sophisticated combinations of multiple parameters. For example, an agricultural index might merge rainfall data, temperature metrics, and satellite imagery. Salient is watching this space closely. Multivariate forecasting -- forecasting that preserves spatial and temporal covariance and covariance across variables -- is a difficult science problem but a valuable one to solve. Shoutouts to the researchers and writers covering index-based insurance as a cost-efficient solution to protect against weather risks in a changing climate. #forecastfurther Tag Oliver Morrison and AgTechNavigator, Management Science and Nanyang Technological University Singapore, Global Index Insurance Facility managed by The World Bank Group, and Kata Ludvig. Links to additional reading in the comments.

Salient's Ray Schmitt weighs in on the recent 🌏 United Nations report saying more than 3/4 of the Earth's land has gotten drier 🏜️. TLDR; "the wet get wetter and the dry get drier".

Thank you Neudata for hosting a great New York event. Looking forward to continuing the conversations that were started today. Pictures of Matt presenting during the conference.