Siddharth Shihora, Consultant, PwC – Space Practice
Siddharth Shihora works within PwC’s space practice team as a consultant. He has extensively worked with government entities in the GCC region and EU, for studies related to SRU. He also has expertise in the satcom and small satellite markets, especially in the context of constellations.
Mr. Shihora also holds two masters, one from the International Space University in Space Studies. And one from Kingston University (London) on Aerospace engineering.
October 21st, Monday, 11:30am-12:30pm Panel 2: Which existing Earth industries can target the Space markets
October 22nd, Tuesday, 11:00am-12:00pm Panel 5: Information Technologies, ML, AI & Deep Learning for Space and Earth Innovations
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Space – We are helping our clients in this transversal sector to solve their complex business issues from strategy to execution. This strategic sector has a significant impact on numerous industries and human activities. The space sector is going through a deep transformation in the various segments of its value chain. As a result of these changes, it is reinventing its business model and speeding up its technological development, prompting the traditional players to review their strategies.
- Space: a cross-disciplinary sector
- An industry that influences entire sectors of the economy and society
- New Space
- New markets for space data
- New business models and new risks
The Space sector is extensive in its reach, and extremely diverse in its scope: it benefits numerous industries and human activities. The space sector is going through a deep transformation in the various segments of its value chain. As a result of these changes, new entrants appears, new business models emerge and technological development accelerate, prompting the traditional players to review their strategies and to proactively adapt.
The space sector is becoming more and more a key enabler across industries and services. Satellite communication has historically been a key space domain with obvious extensive commercial value. Satellite positioning is deeply intertwined in our daily life and part of countless services in almost all industries.
In the last years, space imaging data, from earth observation satellites, has been growing out of its niche market status into a new market segment, thanks to advancements in cloud storage and cloud computing which make data accessible, and easily processable: this allows integrated applications based on multi-signal data, as well as advanced analytics with fusion of multiple data sources (demographic, sociological, geographical, etc.) to produce added-value insights that enable businesses to improve their performance on the market. This has the potential to expand the reach and the impacts of space to even more industrial sectors, and the current trends show a clear progression towards wider space data analytics adoption.