EIC Rose Rock has invested $3 million in Salient Predictions, a Boston-based weather analytics company specializing in advanced weather forecasting, emphasizing its potential to enhance operational reliability in the energy sector.

Information on the Target

Salient Predictions, based in Boston, is a weather analytics company that specializes in Subseasonal to Seasonal (S2S) weather forecasts. Designed by experts from the Massachusetts Institute of Technology (MIT) and the Woods Hole Oceanographic Institution, Salient employs advanced data and methodologies to ensure highly accurate weather predictions spanning from two to 52 weeks.

This innovative approach combines ocean and land-surface data with machine learning, enabling enterprise clients in various sectors, including energy, agriculture, transportation, and insurance, to enhance their decision-making processes amidst the uncertainties of a changing climate.

Industry Overview in the United States

The weather analytics industry in the United States has become increasingly vital due to its impact on various sectors, particularly energy. Accurate weather forecasting can significantly influence energy demand, reliability, and supply,