TempoQuest, TQI, is a “weather software as a service” company established to meet the need for faster, more accurate weather forecasts. Today, TQI is in the process of developing unique software, which will deliver next-generation weather forecasts to commercial users and government agencies around the world. Development efforts are currently underway with the time to first release estimated to be 18 months.
TempoQuest’s suite of software solutions are being designed to run on graphic processor unit accelerators (GPUs) instead of CPUs, NVIDIA. This will dramatically increase the speed and accuracy of analysis. Though GPU accelerators are currently in use for other ‘big data’ applications, the technology has not yet been applied to comprehensive weather data analysis.
NVIDIA Corporation has committed to providing TempoQuest with support and assistance, including , technical support on application engineering, hardware and software integration as well as marketing, sales and distribution assistance for the TQI’s GPU forecasting product.
As currently practiced, satellite sensors, drones, radar, etc., will continue to collect global weather data. TempoQuest will then process this data and provide it to today’s major specialist weather companies, such as The Weather Company, AccuWeather, and others. For several of their high-value end users, like commodity traders, insurance firms, power utilities, major agricultural companies, etc., speed and accuracy are critical to the success of their businesses and an extremely valuable asset.
The expenses for this business are relatively modest as the main cost is continued development and maintenance of the software. Sales channels are current commercial providers of weather forecasts. Therefore, the business has inherently high operating leverage and each incremental user is highly profitable.