ForecastWatch has launched a new independent platform for weather forecast verification and market intelligence.
The release brings an expansion to the company’s verification capabilities, introduces a de-anonymized participation model supported by like-to-like benchmarking groups called Markets, and adds new API and data integration tools. The platform now covers more than 50 forecast producers over 2,400 weather stations worldwide.
The verification upgrade is the most significant aspect of the new release. Where the previous platform focused on post-forecast-day analysis, the new platform extends verification across the full forecast lifecycle – adding pre-Forecast Day risk detection through Forecast Risks, Forecast Watchlist and Forecast Email Alerts, and isolating station-level issues through a new Station Watchlist.
Eric Floehr, CEO of ForecastWatch, said, “For years, verification has meant looking backward. The new platform changes that – meteorology teams can now see forecast risk signals before calendar day and isolate station-level issues the moment they appear. It’s a full-lifecycle view of forecast quality.”
The Markets benchmarking system groups producers into like-to-like peer sets, alongside a de-anonymized participation option.
“Anonymized benchmarking was the right model for where the market was, and it built the foundation we’re building on now. Markets let producers be compared against peers that actually look like them – and that’s a big reason our producer count has grown the way it has,” Floehr said.
The new Data Export and API tools enable customers to embed ForecastWatch verification data directly into their internal dashboards, BI systems and customer-facing products.
ForecastWatch said the updates represent the most significant capability expansion in its history.
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