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An example marketplace: The Multi-Billion Dollar Investment Market for Conservation

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  Here we’re going to take a look at one of the smaller sectors in clean tech and look at how data science is making a huge impact. This is just an example of how the market is likely to evolve for the ecoinformatics sector.   The environment has often been seen as nothing more than an unlimited source of materials that are then turned into useful products that human beings can use. While this viewpoint was challenged in the latter half of the 20 th century, there still remains a sense that the environment is more of an after thought for business rather than something that has value and contributes to a business.   So it’s really interesting, especially in our current climate, to see how investing in conservation and ecosystems has performed. The   Ecosystem Marketplace    put out a report showing that   private investment in conservation has topped $8 billion globally  in 2016 and that   investors are expecting a rate of return of at least 5% and in some cases of 10% and more . Compar

How Big is the Clean Tech and Data Science Market?

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  This month we'll be talking about the market for Ecoinformatics or the intersection between Clean Tech and Data Science! To start with, let's look at some numbers for each sector independently. The clean technology market size has been variously estimated at between   2 and 6 trillion dollars   over the last decade. A recent study published by the World Bank showed that the market size in   2012   was estimated at approximately   $5.5 trillion . The main sectors are shown below (by percentage). In short, energy (solar, wind, energy efficiency, alternative fuels), agriculture and water make up the largest part of the clean tech scene with energy being the dominant player at this time. Each of these sectors is a multi-billion dollar sector in itself, so it isn't hard to see that data science use cases for each of these sectors will also constitute a multi-million dollar market at the least, if not more.   The market size for data science is harder to estimate since it can c

Clean Technology Meets Data Science 101: Part 2

  The Harvard Business Review   called the job of a Data Scientist “the sexiest job of the 21 st century”. It’s a field that been booming in the last five years or so, with applications in multiple sectors – from finance to health to computer science to space and more recently to clean technology. Data Science or Big Data   as it’s sometimes being called is a relatively new term that refers to processes and methods to generate, process and develop insights from data. With more people coming online these days and generating large volumes of data, we’ve had to use methods and techniques from a wide range of disciplines to handle the speed, volume and variety of the data and understand what the data are telling us. That’s where the whole concept of “Big Data” or Data Science has come about – it’s a multi-disciplinary field that uses a basket of methods and tools from different fields, especially statistics and machine learning. Some of the topics I talk about in my list below are now acce

Clean Technology meets Data Science 101: Part 1

  Clean Technology   was created as a “catch – all” term for several different fields that study and solve problems impacting the Earth and humanity’s ability to live sustainably on the planet. The fields of study range from environmental engineering, where systems to solve pollution in the environment are developed, to urban planning which includes designing sustainable cities and the infrastructure that powers them, to material science where researchers create new materials that can be used with less impact on the environment in extracting and disposing of them, to ecology which encompasses biodiversity, wildlife preservation and the study of the interactions between the Earth’s systems and human behavior. All these fields developed as people grew interested in solving particular aspects of environmental problems. In many ways, they represent different ways of looking at and solving problems that affect the same system. As an example, if we were to look at water as a system – an ecol

Introducing EcoInformatics Or Clean Tech Meets Big Data

  What happens when you have two interdisciplinary fields that are changing what people think is possible? Fields that are expanding rapidly but on the surface seem completely  unrelated? Where each field has more jobs and opportunities than people with the skills to fill them? What if you integrated both fields to solve issues and problems that impact billions of people and the Earth itself? That’s the question that scientists and researchers were asking themselves when computational tools became widely available and the problems we were facing as a species on the Earth became critical. Ecoinformatics started out in the scientific research community as a way to use databases and develop algorithms to test hypotheses concerning natural systems. However, today it has expanded to encompass so much more. Today, Ecoinformatics is where clean technology and data science meet. It’s a field that’s become so broadly defined that it includes almost everything that concerns the Earth and the use

Welcome

  Welcome to Ecoformatics LLC – an independent company that was founded to bring the latest scientific advances and market research in clean technology and big data to individuals and companies by  providing cutting-edge information and technical know-how through   information products  and  consulting services . Who’s the company for? It’s for anyone who is interested in understanding how artificial intelligence and data science are helping to solve problems related to the earth and environment – in water, agriculture, energy and so much more. If you’re a scientist, engineer or someone who’s interested in technology, our ebooks, workshops, courses, webinars and reports will keep you up to date on the latest research and tech happenings. If you’re interested in what’s happening in the market, we provide a look at funding news, in-depth analyses of the startups and companies working in the space and market trends. If you’re interested in career changes or simply working on problems that