This, together with other data collected by contributing missions and ground, sea or airborne instruments, is used to support key economic or societal areas, underpinned by strategic, cross-cutting policies. In Europe, this effort has centered around the Copernicus Programme, providing access on a full, free and open basis to the Sentinel satellites’ data. With increasing attention being placed on environmental sustainability, digitalization and economic viability, by policy makers and industry actors alike, it becomes essential to understand and quantify the benefits from the use of satellite-derived information. Yet, a thorough understanding of the value of this information is still, to a large extent, lacking. Both public actors–who have been traditionally the driver of investments in Earth Observation systems - and private companies, are seeking to exploit information stemming from the use of EO data across a wide range of sectors (agriculture, disaster management, environmental monitoring, etc.). The role of Earth Observation (EO) data from satellites to support informed decision-making and more efficient operational processes is becoming increasingly recognized. The paper describes the updated methodology and the results obtained through its application. The six dimensions are described in the paper and have been tested on a significant number of recent cases. Consequently, a set of non-monetary dimensions have been defined which provide a new framework for the analysis. For instance, organisations can benefit through an increased reputation, or societal values such as quality of life can be felt. Whilst early cases focused on economic value i.e., monetized benefits, later ones recognise that often the benefits may be wider than this. A case-based, value-chain methodology has been applied through which the impact on society can be analysed. This allows a much finer, detailed understanding of how the data is being used and hence contributing to informed decision making. The approach discussed in this paper is bottom-up building on the use of a single product or service arising from the use of data coming from one or more of the Copernicus Sentinel satellites. Often, top-down cost-benefit analyses are used to justify budgets but with very broad-based, macro-economic assumptions. However, analysing the value that this generates remains a challenge. The role of Earth Observation (EO) data from satellites in supporting informed decision-making and more efficient operational processes is becoming increasingly recognized. 1European Association of Remote Sensing Companies, Brussels, Belgium.Geoff Sawyer 1*, Eleftherios Mamais 2 and Dimitri Papadakis 2*
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