According to reports, impediments in accessing climatological data is apparently acting as a roadblock in expansion of private participation in the field of weather predictions, said Jaya Singh, Director, Weathersys. In India Weathersys and its sister concern Skymet have been operational in the field.
Singh said private players rely on data provided by government weather service and at times purchase it from them. “As per international protocol, some climatological data has to be made public, which acts as raw material for us,” she said.
Singh said the cost of setting up weather stations is a major deterrent for private players. “The opportunity in such a market is vast but financial hurdles are huge,” she said.
Talking about the entry of foreign players in the Indian market, Singh said major players like Weather Channel are in talks with them to increase their presence in the market. “However, you need to have real presence on the ground to have a successful business venture,” she said.
Singh said Weathersys is working with solar, aviation and shipping industries for providing forecast. The company is in the field of instrumentation and software programming for forecast and weather-related studies, she added.
“The market is maturing. Other than regular players, we are receiving enquiries about weather predictions from holiday makers and wedding planners ,” she said.