Weather intelligence: The data marketplace, investment applications and finding alpha
Weather intelligence is an area of alternative data that has seen increasing interest from investors. Several funds have hired teams of meteorologists to forecast weather events more accurately, gaining an edge across commodity markets. While there is an abundance of publicly available and government weather models, certain characteristics play a significant role in their accuracy. In this report, we summarise the data landscape of weather intelligence. We also highlight the third-party vendors that utilise proprietary weather observations to build sophisticated forecast models with increasing accuracy.
Intelligence
3 Apr 2024