Business Intelligence using Satellites

You just have to love big investment firms that can invest millions to return billions.   Read this article about how hedge funds and wall street firms are using satellites to view car populations in Wal-Mart parking lots!

As part of a growing trend among hedge funds and Wall Street firms, Cold War-style satellite surveillance is being used to gather market-moving information.  The surveillance pictures are often provided by private- sector companies like DigitalGlobe in Colorado and GeoEye in Virginia, which build and launch satellites and take pictures for US government intelligence agency clients and private-sector satellite analysis firms.  

That means there are two links in the chain before the satellite data gets to Wall Street—a satellite firm takes the pictures and sells them to an analysis firm, which scrutinizes the images and sells the aggregated data to hedge funds and Wall Street analysts.

More at source: http://www.cnbc.com/id/38722872

Other Link: http://rsmetrics.com/

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