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Commercial Weather Services Association

Commercial Weather Services Association. The Commercial Weather Services Association. Steven A. Root, CCM President of CWSA President & CEO WeatherBank, Inc. sroot@weatherbank.com. Commercial Weather Services Association. America’s Weather Industry. 60+ years of innovation

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Commercial Weather Services Association

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  1. Commercial Weather Services Association The Commercial Weather Services Association Steven A. Root, CCM President of CWSA President & CEO WeatherBank, Inc. sroot@weatherbank.com AMS APT Boulder

  2. Commercial Weather Services Association America’s Weather Industry • 60+ years of innovation • AWI is the only private sector producer of weather • information, systems and services • American business and public are the beneficiaries • of AWI innovation and free and open exchange of • government data • American weather is the best in the World AMS APT Boulder

  3. Commercial Weather Services Association America’s Weather Industry • Innovation and competition results in more • information, better tailored for end-users • No cost to the government or the U.S. taxpayer • Generates taxes and significant benefits – more • than 35 times its total revenue • Government competition increases AWI risk, • curbing innovation and value AMS APT Boulder

  4. Commercial Weather Services Association America’s Weather Industry • Understands business, works with business, and is • a business itself • Government is government, often does not • understand business, and does not have the same • entrepreneurial interests • Commercial Weather Companies must be • profitable year in and year out, risking capital, IP, • their life’s work AMS APT Boulder

  5. Commercial Weather Services Association America’s Weather Industry • Thousands of AWI weather innovations that have • benefited: • -the public through media • -every business/industry through value-added • services • Key to innovation is competition within the AWI • Government must recognize it should not compete • with the AWI – competition is a private sector • function AMS APT Boulder

  6. Commercial Weather Services Association • Frequency for M&A’s between AWI members has • increased IN 2008 • Consolidation will continue • End users are becoming more sophisticated • End users becoming more articulate in defining • needs and products they seek • End users are expecting solutions from the • Enterprise vs. from one sector or another AMS APT Boulder

  7. Commercial Weather Services Association The Future • America’s Weather Industry is growing • Consolidation in AWI will continue • Traditional partnerships within Private sector will • continue as members seek to mitigate risk • Non-traditional partnerships across sectors • will be more common • Demand for products/services exceed our ability to • supply them AMS APT Boulder

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