487
Development goals. Sustainability indicators such as the GRI, Moody,
Standard and Poor Indices may guide in the development of these new
criteria. Thus in essence we will have dual sets of performance metrics -
one for the performance of the technology and another for the performance
of the information products stemming from the research and technology.
3.
The market structure for global observing system
information: Who uses it, why do they use it, and
what do they use it for?
The market drivers for using environmental information are varied, with
safety of life and property being the overarching driver. Market economics
is a major driver (i.e. profit and loss, balancing supply and demand,
efficiency and cost effectiveness) where there is need to internalize the
externalities of the environment to reduce the impact on operations is
essential. Risk reduction at all levels of the organization is the goal and is
reflected in the shareholder value and reported in annual reports of company
performance. Recently there has been another driver emerging- that of
sustainability, where corporate social responsibility is evaluated. The final
and most compelling driver is regulation less responsible corporations
move only to this motivator.
Figure 1 also illustrates the various markets for the information from the
observing systems. The user community is complex and includes the
research community, governments, the business community as well as the
natural resource management community (environment). The information
needs for the research community have been developed extensively and, in
fact, it is upon these needs that the configuration of the present observing
system and modeling requirements are determined. The information
requirements for the economic and government sectors are less well defined.
In the government arena, much of the information produced by one agency
is used by other government agencies for policy making, for the protection
and regulation of national economic and social needs. Thus the major
“customer” of information produced by a “research agency” is often an
“applied agency”. The information needs of the business community are
diverse and must be examined in detail. It is to the definition of their
requirements and the understanding of how these industries use the data that
much of this chapter is devoted.
There are diverse business applications for information from the global
observing systems. The information used includes real time, historical and
forecast information. Major applications are in the following sectors of the
economy.
Energy: The energy sector has one of the greatest needs for the
information in terms of both their operations and their strategic planning.
,
—
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT
Development goals. Sustainability indicators such as the GRI, Moody,
Standard and Poor Indices may guide in the development of these new
criteria. Thus in essence we will have dual sets of performance metrics -
one for the performance of the technology and another for the performance
of the information products stemming from the research and technology.
3.
The market structure for global observing system
information: Who uses it, why do they use it, and
what do they use it for?
The market drivers for using environmental information are varied, with
safety of life and property being the overarching driver. Market economics
is a major driver (i.e. profit and loss, balancing supply and demand,
efficiency and cost effectiveness) where there is need to internalize the
externalities of the environment to reduce the impact on operations is
essential. Risk reduction at all levels of the organization is the goal and is
reflected in the shareholder value and reported in annual reports of company
performance. Recently there has been another driver emerging- that of
sustainability, where corporate social responsibility is evaluated. The final
and most compelling driver is regulation less responsible corporations
move only to this motivator.
Figure 1 also illustrates the various markets for the information from the
observing systems. The user community is complex and includes the
research community, governments, the business community as well as the
natural resource management community (environment). The information
needs for the research community have been developed extensively and, in
fact, it is upon these needs that the configuration of the present observing
system and modeling requirements are determined. The information
requirements for the economic and government sectors are less well defined.
In the government arena, much of the information produced by one agency
is used by other government agencies for policy making, for the protection
and regulation of national economic and social needs. Thus the major
“customer” of information produced by a “research agency” is often an
“applied agency”. The information needs of the business community are
diverse and must be examined in detail. It is to the definition of their
requirements and the understanding of how these industries use the data that
much of this chapter is devoted.
There are diverse business applications for information from the global
observing systems. The information used includes real time, historical and
forecast information. Major applications are in the following sectors of the
economy.
Energy: The energy sector has one of the greatest needs for the
information in terms of both their operations and their strategic planning.
,
—
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT