Complex data handling made easy, by ESA BIC start-up

The start-up was established in 2014 to develop high-end digital software platforms for climate change and payment systems.

“Our platforms build upon the information architectures of our customers’ business environment by augmenting existing investments to co-create solutions localized to their business context,” says Hasan Malik, CEO of Cloud Asset.

Focused on specific problems with emphasis on R&D, Cloud Asset has successfully developed platforms for Big Data, Payment Systems, Data Visualization and Deep Analytics & Decision Support systems.

“We are working on very exciting projects allowing us to harness innovations in cloud computing, big data tools and analytics for the benefit of our customers.”

Manage Thailand`s water systems with thirty thousand sensors

Cloud Asset helped the government of Thailand to create a national integrated water management system. This was done by using the company's flagship product RAMP, standing for the “Resource & Asset Management Platform”.

RAMP is an IoT & AI command and control software for complex user-oriented cases. It is capable of ingesting huge amounts of sensor data, open data, data from any source, manage the data in its proprietary data-lake, analyze the data with its AI capability and provide decision support for users and decision-makers.

It offers customers a unified architecture with an intelligent user interface to create total information awareness based on live data.

In Thailand, “We connected data from over thirty thousand sensors - live telemetry data, public data, multi-agency data, satellite data and internet data - to create a real-time situation awareness of the national water resources across the country,“ explains Hasan Malik.

“Our platform aggregates satellite data from a Japanese Aerospace JAXA, the National Oceanic and Atmospheric Administration NOAA and over 40 local government agencies and international databases to create live command centre for short term and for long term water management with availability, flood and drought predictions and monitoring to support decision making at the operational and execution levels.”

Finance on-line digital payment solution

In the finance sector, Cloud Asset has developed a digital payments PaaS solution called P3 to provide financial inclusion and omni-channel payments services to banks, large enterprises and service providers. Again, it is the company's advanced platform to handle in real-time large amount of data which provided the solution.

Servicing millions of transactions in Pakistan and Thailand

“Our team is in the process of global product launch and actively engaged in multiple customer bids and pilot projects. We are already servicing millions of transactions in Pakistan and Thailand ,” says Hasan Malik.

P3 handles all aspects of payment related web and mobile transactions for all types of devices and interfaces.

It's extensive API seamlessly plugs into applications to provide payment charging, refund and loyalty transactions from a secured instance per customer on premise or cloud.

“As an example, Tesco super stores in Thailand have chosen to digitize their customer payments service with P3.”

Cloud Asset is supported and hosted by ESA Business Incubation Centre Finland.

 

Meet the Cloud Asset entrepreneurs at ESA’s Business Applications Annual Conference SMART SPACE in Toulouse, France, 3- 5 June 2019, where they are ready to present and discuss their RAMP and P3 products.

SMART SPACE
Your Business Powered by Space

The 9th edition of ESA’s Business Applications Annual Conference SMART SPACE is jointly hosted by ESA Space Solutions, as well as CNES, in Toulouse (France) on 3rd – 5th June 2019.

The conference will bringing together agencies, industry, users, experts, entrepreneurs and investors to foster partnerships and inspire new ideas.

Thematic sessions focusing on smart finance, smart technologies, smart mobility, new space economy, smart health and smart resources.

Attend to find out about the latest developments in satellite applications, meet with technical and business experts, and create new contacts and exchange ideas with other attendees. Be inspired by demonstrations of successful services enabled by space and learn about funding and support opportunities from ESA and CNES.

ESA Business Applications and Space Solutions

ESA’s Business Applications and Space Solutions programme has a network of 20 ESA Business Incubation Centres, 15 ESA Innovation Partners and 14 ESA Ambassadors throughout Europe. It co-funds projects and start-ups, while also offering technical and business support to companies that seek to deliver rapid innovation and to raise private investment.

Overall ESA spends €400 million a year on strengthening the competitiveness of European and Canadian companies in the global markets for both satellite communications andr downstream applications.

ESA BICs - World's largest ecosystem for space-related entrepreneurship
The ESA Business Incubation Centre (ESA BIC ) Finland was founded in 2017 and it part of the wider network of 20 ESA BICs throughput Europe.

The 20 ESA Business Incubation Centres (ESA BICs) form the largest ecosystem in the world for space-related entrepreneurship and have fostered over 700 start-ups throughout Europe. Spread across some 60 cities in 17 countries, more than 300 start-ups are currently under the two-year business incubation development booster programme.

The centres offer complete access to all aspects of space-related innovation, technology and intellectual properties and is a gateway to ESA and European space research and developments. Located in Austria, Belgium, Czech Republic, Estonia, Finland, France, Germany, Hungary, Ireland, Italy, Norway, Portugal, Spain, Sweden, Switzerland, the Netherlands and UK, with more to open, over 700 start-ups have been fostered and another 180 new start-ups are taken in yearly to be supported under the two-years business development booster programme.