How IOE help us in building business productivity by optimizing whether forecasting.

Bryson Koehler, Executive Vice President and Chief Information Officer at The Weather Channel, shares his perspective on The Weather Channel and the Internet of Everything

Did you know that the weather affects about 35 percent of the world’s gross domestic product, every day? And, as you might guess, humans make decisions every day that are completely based on the weather. Weather is the most primal decision making factor to everything we do. Just as a person’s demeanor can change if it’s raining or sunny, business decisions and outcomes can change in the same manner. The more information we have about the weather, the smarter we can be. So we, at The Weather Channel, have been utilizing the Internet of Everything to gather and analyze data and assist businesses, cities and everyday consumers like you and me.

The Internet of Everything has changed the game of what our teams at The Weather Channel can do. While our company began as a 24-hour network devoted to weather programming, we have adapted a number of innovations over the years, and today have become a tech-led media company. We’ve grown from providing accurate forecasts for 2.2 million locations, four times an hour, to forecasting 2.8 billion locations, 15 times an hour. With the IoE we have been able to bring weather information to people across the world, giving them the information they need when they most need it.  As a CIO, I try to unleash innovation. The more our technology tools can work autonomously of us, the more we can focus on our output and what they can do to impact our everyday lives.

Apart from that Whether forecasting has direct influence on business like , beer consumption will straightaway increase on humid days. 

Also, for Insurance sector it is like boon, once insurance company have the data about the particular city. Lets assume a strong hailstorm will be arriving in a city. Insurance company will advice their customers and already told them not to use cars outside. this will decrease the number of accidents and vice versa decrease the cost of cliams payout.