Understanding Water Through Data
Water effects nearly every aspect California agriculture, all the way down to lending decisions made by banks to farmers. However, the factors that contribute to a property’s water assets can be numerous. AQUAOSO is a new company that is helping agricultural lenders understand the water resources associated with the properties they’re lending against. Here’s CEO Chris Peacock.
Peacock.. “At the highest level at AQUAOSO we help organizations understand the financial impacts of water scarcity on their operations. And we do that through software as a service. So we gather data, we aggregate that data, we geospatial map that data, and then we help organizations understand the impacts of water scarcity on specific operations all the way down to an individual parcel of land. Most of the work that we do today is focused on the banking space, and in particular agricultural bankers.”
The company pulls together numerous data points to help lenders save time, and they offer analytics to help lenders and farmers better understand the impacts of that data.
Peacock… “Farmers don't always have all of the data and they don't always have accurate records. So a lot of the times the banks will check on that information and it would take weeks, if not a month to get some of that information. So we've been able to aggregate all of that information into one place, and our customers are now able to pull all of that information instantaneously.”
Learn more about how AQUAOSO is bringing together data and analytics for water in agriculture at www.aquaoso.com