MetTrigger Holdings - Possible new kid on the block

03Stormchaser · Unread post by **03Stormchaser** » Thu 09/07/2015 12:58

Unsure how many of you may have seen this? Possible new kid on the block in direct competition with MS.

MetTrigger Holdings is a company formed to provide high quality commercially focused weather information and solutions that will unlock demand for better weather observation and forecast data. Revenues are derived from selling high quality weather data (observations and forecasts, plus related software apps and services)...

To provide high quality localised data, MetTrigger has developed a concept for deploying a “hyperlocalised” weather observation collection network (WSN) that combines;
•fixed location weather stations,
•mobile weather stations, and
•a data collection cloud service.

The Company also owns a value added app, “WeatherMaster” that combines weather observations from fixed location and on-vehicle mobile weather stations with forecasts. Downer Group is now using this to monitor and respond to snow and ice conditions on the North Island Central Plateau...

MetTrigger is also researching the implementation of a lightning detection network (LDN) in New Zealand. There are a number of potential commercial uses for lightning data and this may present a further high value investment opportunity during 2016.

http://www.tbkcapital.co.nz/projects/pr ... re-you-are

jamie · Unread post by **jamie** » Thu 09/07/2015 15:59

interesting

more competition the better

TonyT · Unread post by **TonyT** » Thu 09/07/2015 16:10

They are not the only ones going done this micro forecasting road (or perhaps this is part of the same outfit):

http://weather2work.com

03Stormchaser · Unread post by **03Stormchaser** » Thu 09/07/2015 18:29

TonyT wrote:They are not the only ones going done this micro forecasting road (or perhaps this is part of the same outfit):

http://weather2work.com

Different people behind it. This one is really really micro forecasting!!! Crazy, can't see how this one would work, unless it's big construction worksite.

dizzy · Unread post by **dizzy** » Thu 09/07/2015 18:55

Hmmm. Interesting.

Not so sure that this company is direct competition for MS though... It says it's revenue will come from selling it's obs, yet MS give out (a certain amount of) their obs for free on their website. This company is certainly not going to be doing that, if that's how it's planning on making it's revenue. Possibly MS is even one of their potential customers! They've certainly got the most money available to purchase observation information!

Also 03stormchaser, I don't see how that weather2work app will work either... I suspect it will be relying on purely model data. Unless smart phones happen to have thermometers and hygrometers built into them these days, which I'm pretty sure they don't!

NZstorm · Unread post by **NZstorm** » Thu 09/07/2015 19:49

The market for weather products in NZ is quite small and there is no fast buck to be made in it. That's my intuitive opinion on the state of the industry.

Some other countries like USA have a massive market for weather products but there is a lot of supply over there.

03Stormchaser · Unread post by **03Stormchaser** » Fri 10/07/2015 18:26

It may be small, but look at Canterbury we have 3-4 weather forecasting companies here. MS, WW, Blue skies and CWU.

NZstorm · Unread post by **NZstorm** » Fri 10/07/2015 20:29

I don't think there would be many contracts up for grabs in NZ for Weather Services. If you wanted to tender in the market you would need to have scientific credentials.
Met Service seem to do a lot of their business offshore.

TonyT · Unread post by **TonyT** » Fri 10/07/2015 20:50

NZstorm wrote:The market for weather products in NZ is quite small and there is no fast buck to be made in it.

I am living proof that this is so very true!

NZstorm wrote:I don't think there would be many contracts up for grabs in NZ for Weather Services.

Lots of people are interested in the weather and want to hear a forecast, and quick to complain about the perceived accuracy of forecasts and forecasters, but very few are prepared to part with the cash to make it happen. It doesn't help that there are (probably good intentioned) people out there happy to give away their expertise for free.

Tim S · Unread post by **Tim S** » Fri 10/07/2015 21:06

The New Zealand WSN is expected to generate a loss in the first year of around $680,000 as the network is installed and commercial activity is established. By year 2 it is expected to generate a net operating profit of around $894,000, rising to $1,800,000 by year 4. Operating cashflow is expected to exceed $2,500,000 by year 4.

Umm, a little on the optimistic side aren't we?!

Were exactly do they expect these kind of dollars to come from?? They do know how many people live in NZ dont they?

shovelopikis · Unread post by **shovelopikis** » Fri 10/07/2015 21:17

Maybe they will contract out to nasa and the kiwi lab firms and offshore sectors investing here?

NZ Thunderstorm Soc · Fri 10/07/2015 22:16

Sounds like a load of rubbish from me

NZstorm · Unread post by **NZstorm** » Sat 11/07/2015 16:53

The USA has a good Met industry, due as much to its climate as its large economy. The weather there really is quite extreme, making NZs weather look tame by comparison.

03Stormchaser · Unread post by **03Stormchaser** » Sun 12/07/2015 00:30

NZstorm wrote:...making NZs weather look tame by comparison.

I can agree with that 100%, they seem to cope a whole lot better with extreme events and getting on with life afterwards.

Be watching this company's progress with interest.

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