18th December 2019
As the year draws to a close, we wanted to summarise the amazing year Terrafirma has had, including our key 2019 events and also look towards an exciting 2020.
2019 has been a year of change at Terrafirma; time and resources have been invested in our growing team and we have established a new GeoData Department, which will be a key area of focus in 2020.
Our market-leading products have been further enhanced with additional data and expertise to address the issues presented to consumers by clay-related subsidence. The Ground Report and CON29M have continued to grow in use across the UK, with our CON29M now being used in 1 in 4 transactions within the UK's coal mining areas.
As well as technical and product innovation, Terrafirma have once again been pleased to offer work experience placements to Geography and Geology students from the University of Bristol, and in August Terrafirma took on Tough Mudder and raised over £500 for homeless charity St Mungo's.
As we look back across this years achievements, within our mission to innovate and educate professionals and the public on risks the ground poses, we have collated our 2019 highlights;
2020 will see more exciting product enhancements to our already market-leading reports, with our expert team already working on adding enhanced risk assessment for hazards such as coastal erosion and other climate change-related ground hazards.
The creation of the new GeoData Department, the appointment of renowned commercial and legal data expert, Lucy Oxer as Chief Data Officer in October (and the addition of an exciting new Director in January) provides the platform for the launch of the National Ground Risk Model (NGRM) in 2020. This pioneering DaaS Solution has been designed to enable smarter, future-proofed decision making for land appraisal, planning, insurance, asset management and within the financial services. It is the culmination of years of development into unlocking the value of GeoData and the knowledge held within our best and brightest geo-scientists, whilst additionally exploring the enormous potential for the use of Earth Observation data, machine learning and climate modelling within data-driven ground risk assessment.
It is an exciting year ahead for GeoData and Terrafirma are excited to be at the forefront of driving innovation, commercial application and academic research for the benefit of society.
To continue our charity fundraising efforts, Terrafirma are embarking on a ‘Mine to Mountain' challenge in April 2020. This sees the Terrafirma team travel to Snowdonia to the deepest underground point in the UK; 1,400ft below the surface, before climbing up to the summit of Snowdon, the highest mountain in Wales! All to raise money for homeless charity St Mungo's. You can follow our journey and donate here.
We would like to take this opportunity to wish all of our clients and partners a very Merry Christmas and a Happy New Year, and look forward to working with you in the new year.