
FIU Unveils Bold New Web Application, `TerraFly;'
Could Have Annual Market Value of $1 Billion
Cutting-Edge Software Developed with Nearly $30 Million
in Support from IBM, USGS, NASA and NSF
MIAMI, Fla. (Oct. 26, 2001) - TerraFly, a new Internet-based software that makes
it possible for users to "fly over" vast land areas using only a ordinary web browser, was
unveiled today by researchers at Florida International University.
With potential markets ranging from the travel and real estate industries to state and
local governments, TerraFly has a potential annual market of $ billion, financial analysts
working with the project say. IBM and the U.S. Geological Survey recently contributed
nearly $ 0 million worth of computer hardware and data in
the development of TerraFly, raising total support for the
groundbreaking project to nearly $30 million.
"With the generous support of our industry
partners, TerraFly is now one of the largest, if not the largest, publicly accessible databases
on the web," said Naphtali Rishe, Ph.D., principal investigator on TerraFly and the director
of FIUTs High-Performance Database Research Center. "TerraFly now includes imagery for
the entire United States, and weTre excited about incorporating additional areas around the
world. The possible uses for this technology are endless."
Terrafly uses high-resolution imagery collected by the U.S. Geological Survey. Unlike
other computer systems over which such imagery may be viewed, however, TerraFly
interfaces with such web browsers as Internet Explorer and Netscape, allowing virtually any
user to "fly" over imagery in whatever direction and at whatever speed the user chooses.
What may be TerraFly's most attractive feature for commercial use, however, is that
it allows for graphic overlays, making it customizable for individual markets. Real estate
firms, for instance, might develop overlays that show potential customers listed homes; the
overlays could be further customized to include asking price, tax information, interior
photographs of the home and other key details. Customers could have a much stronger idea
of what properties interest them before driving to visit them, cutting down shopping time.
Those customizable elements make TerraFly an attractive technology to license for
market development, say financial experts working with TerraFly who have estimated its
annual worth to be as much as $ billion.
In addition to the $6.7 million in computer hardware and more than $3 million in
data recently donated by IBM and the USGS, respectively, TerraFly has generated major
support from both NASA and the National Science Foundation.
"We are proud to participate in this technology project through a cooperative
research and development agreement," said USGS Deputy Director Kathryn Clement "We
think this technology has tremendous potential."
"TerraFly is a wonderful example of the possibilities inherent in our High
Performance Database Research Center and of the cutting-edge research being done at our
university," said FIU President Modesto A. Maidique. "As FIU continues to mature into its
role as a national research university, TerraFly will be joined by more and more inventions
from our laboratories and researchers. This is a proud day for this university."
Founded in 1965, Florida International University is now one of America's leading public
research universities. It is Florida's only public, urban university to hold both the Carnegie Foundation's top
rating for research universities and a chapter of Phi Beta Kappa. FIU conducted more than $61 million in
sponsored studies in 2000-01.
Download PDF here: 10.26.01 FIU Press Release
© Copyright 2001 FIU