A digital twin SaaS platform powered by AI for flood risk intelligence and engineering in urban area, enabling flood-risk mitigation ex-ante.
Urban Flood Risks: Challenges to Ecosystems and Health
€651B
in flood damages occurred in Europe between 1980 and 2022
Flooding poses severe risks to urban areas and the environment. Rapid urbanization often leads to disruptions to natural drainage systems, increasing flood risks, events that inflict damage to local ecosystems, increase the likelihood of waterborne disease, and transfer pollutants to aquatic habitats. The overflow of water leads to soil erosion, altering the landscape and limiting the amount of suitable land for local flora and fauna.
Enhancing Flood Risk Assessment with AI and Geospatial Data
SaferPlaces' cloud-based, digital twin SaaS platform provides the necessary information to stakeholders for flood-risk assessments in urban areas. It harnesses geospatial satellite and on-site data processed through AI and algorithms to deliver accurate prediction and mitigation strategies to deal with coastal flood risks and their environmental effects.
Minimizing Urban Flooding's Environmental Toll with a SaaS Platform
€32M
in flood damages avoided through technology deployment
Local governments and municipalities' use of this Digital Twin SaaS platform minimizes the risks and negative environmental impact caused by the flooding of coastal urban areas. By mitigating the effects of flooding, this solution lowers the scale of flood-caused pollutants, runoff released on aquatic ecosystems, and the emissions and pollutants from reactive reconstruction projects.
SaferPlaces is a suitable platform for:
- Insurance companies
- Municipalities
- Local governments
- Financial Institutions
The benefits of SaferPlaces' platform
This platform provides local governments and organizations with the ability to generate and deploy mitigating and reactionary efforts to limit losses caused by flooding. The deployment of this technology in a coastal city has seen €32M in avoided associated damages to flooding. By mitigating flood risks, cities can avoid losses related to physical damage, suspension of business operations, and loss of human life.
Sandbox Program
Batch #7
HQ Country
Italy
Area
Risk Mitigation
Industry
Civil Engineering
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