DigitalGlobe Eyes Geospatial Data Market; Jeffrey Tarr Comments

Digital-GlobeDigitalGlobe is planning to enter the estimated $40 billion geospatial big data market in an effort to expand its business, the Denver Post reported Thursday.

Kristen Leigh Painter writes DigitalGlobe executives told investors Wednesday at a Denver conference that the company plans to grow beyond being a satellite imagery provider.

“Geospatial big data is at the heart of our transformation from imagery to information,” DigitalGlobe President and CEO Jeffrey Tarr said at the conference, according to the Post.

The company also looks to launch the Ball Aerospace-built WorldView-3 satellite and offer access to its entire satellite constellation in 2014, according to the report.

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