Rethinking Meteorological Data Access

Rethinking Meteorological Data Access

Today's world is data driven. Success in the financial markets has become increasingly linked to an ability to process massive amounts of data. This data must be timely, accurate, insightful, and comprehensive.

Meteorological data is no different than the other types of data consumed by the global markets. Over the past few years we have witnessed a definitive shift in how our clients are using data. We have seen hedge funds go from limited data requests (maybe data for a dozen major international cities) to global data requests of tens of thousands of datasets. Nowadays it is all about machine learning, big data, and data mining.

Above image: global weather station availability via the Speedwell SuperPack subscription (red dots represent weather stations)

A few years ago we (Speedwell Weather) realized that the old model of selling weather data no longer worked. Companies were sick and tired of being nickle and dimed on each data purchase. If the quoting and negotiating each purchase wasn't bad enough then you also had to deal with contracting and lawyers. To meet the needs of today's data economy Speedwell has taken a new approach to meteorological data access.... the Speedwell's SuperPack subscription.

One annual fee... unlimited data access

SuperPack makes available an unprecedented range of quality historical weather data and weather data feeds for a single annual fee. SuperPack dramatically simplifies the administration of your weather data needs. A single contract covers all users group-wide across multiple office locations 24-hours per day.

Subscription highlights include the following:

Station Data

  • Instant access to our primary historical data archive of observed data from 20,000+ stations in 130+ countries, including cleaned data for over 10,000 sites.
  • On-request access to Speedwell’s secondary archive of over 140,000 weather stations.
  • Multiple weather variables including hourly and daily temperature, precipitation, snowfall, wind speed, sunshine, cloud cover, dew-point, and solar radiation.

Gridded Data (premium subscribers only)

  •  Access to Speedwell’s gridded data archives providing centralized access to over 10 different gridded data sources (ECMWF, BoM, DWD, CHG, NOAA….) synthetic time series, proprietary derived high-resolution indices and proprietary Wind Benchmarks.

Indices

  •  Access to over 300 world-wide agriculture area indices and over 150 population-weighted indices used for modelling energy consumption in over 60 countries

Web Tools

  • Map Tool shows the weather data sets available in Speedwell’s primary archive. Immediate access to data inventories, analytics, and data downloads.   
  •  Access to the Speedwell suite of data analysis and visualization tools including Weather Index Cone, Actuals Vs. Climatology, Analogue Years...

Forecasts (part of the "Forecast SuperPack")

  • Unlimited access to Speedwell’s probabilistic downscaled and raw forecast products.  
  • Forecast SuperPack includes forecasts for daily minimum temperature, daily maximum temperature and daily precipitation for the following models: ECMWF ensemble (raw output), ECMWF operational (raw output), ECMWF ensemble (Speedwell downscaled), ECMWF operational (Speedwell downscaled), GFS ensemble (raw output), GFS operational (raw output), GFS ensemble (Speedwell downscaled), and the GFS operational (Speedwell downscaled)

If you are interested in learning more about the SuperPack subscription or if you have meteorological data questions in general please do not hesitate to contact us, david.whitehead@SpeedwellWeather.com.

About Speedwell Weather

Speedwell Weather provides quality weather data, weather forecasts, software, and weather-risk consultancy. With offices in the UK and the USA we serve clients in sectors including weather-risk, insurance, energy and agriculture world-wide. We are the major provider of Settlement Data for parametric weather risk contracts.

 

I think you’re spot on and I completely agree with the subscription based approach.

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