Latest news with #RohitAgarwal
Yahoo
10-06-2025
- Business
- Yahoo
The Weather Company Widens Lead as World's Most Accurate Forecaster, Empowering Critical Decisions in an Era of Climate Volatility
The Weather Company is now nearly 4 times more likely to be the most accurate forecaster,1 combining AI innovation, proprietary technologies, and human expertise to deliver precise weather intelligence for people and businesses worldwide ATLANTA, June 10, 2025 /PRNewswire/ -- The Weather Company©, which includes The Weather Channel© digital properties, has once again been determined to be "the overall most accurate provider globally" by ForecastWatch, the premier organization for evaluating weather forecast accuracy. In the latest comprehensive report, Global and Regional Weather Forecast Accuracy Overview, 2021-2024, The Weather Company has maintained its position as the world's most accurate forecaster every year since this type of analysis began in 2017, with its lead continuing to expand significantly compared to other providers included in the report, such as Microsoft and Accuweather. "As weather patterns continue to evolve and become more impactful globally, forecast accuracy is a critical foundation to what people and businesses need to make meaningful decisions," said Rohit Agarwal, CEO of The Weather Company. "More than just a number, a reliable forecast can empower you to live your best life, rain or shine, wind or snow. Especially as we focus on translating that forecast to deliver more personalized, relevant weather intelligence through our consumer digital platforms and enterprise products." Growing Accuracy Gap in an Era of Climate Volatility The report data showed that the accuracy gap has widened substantially – The Weather Company (noted as The Weather Channel in the report) is now nearly 4 times more likely to be the most accurate forecaster than the next best forecasting service, up from over 3 times in 2021 and 2 times in 2017. For extended 14-day forecasts, this advantage grows to nearly 6 times more likely to be the most accurate provider than the next closest provider. This forecast precision has become increasingly vital, as 2025 is on track to continue the trend of ever-increasing insured losses from natural disasters than past years, potentially reaching $145 billion globally.2 With the U.S. alone experiencing 27 billion-dollar weather events in 2024 – with costs estimated at $182.7 billion3 – people and businesses must rely more than ever on accurate forecasts to help them make informed decisions. About the Report The report is a comprehensive weather forecast accuracy study spanning four years, 2,000+ global locations across eight regions of the world, and 84 different accuracy metrics covering precipitation, temperature, cloud cover, wind and other forecast variables. ForecastWatch analyzed more than 600 million forecasts from 24 different weather providers. Each provider was noted each time it finished in first place for each metric, and according to the report, "overall, for global first-place points, number of metrics won, and percent of metrics won for 1-14 days out forecasts, The Weather Channel is the dominant leader" (emphasis added). In fact, "The Weather Channel was the overall leader in first-place finishes globally, and for each region individually." Unique Blend of Technology and Human Expertise The Weather Company's unprecedented accuracy stems from a unique, multi-faceted approach that includes several proprietary technologies: WxMix: A proprietary real-time AI forecast engine that considers over 100 forecast models from global agencies like the U.S. National Weather Service, ECMWF, the U.K. Met Office optimized through AI to leverage the best forecasting methods for specific locations and conditions, on demand Human Over the Loop: A unique collaboration between humans and technology combines cutting-edge AI together with a team of 100 expert meteorologists, enabling both the speed necessary for changing weather and seasoned judgment Forecasts On Demand Engine: Proprietary technology that delivers personalized forecasts in milliseconds, producing over 25 billion forecasts daily across 2.2 billion locations worldwide. GRAF: A high-resolution global weather modeling system that updates 6x more frequently and up to 3x the resolution compared to other leading global models.4 Weather model output is combined with data – surface observations, radar, satellite and more – that is synchronized using JEDI, a data assimilation system that brings observational data into models. Real-World Impact Across Industries The Weather Company's superior forecast precision directly impacts decision-making that affects millions of people's lives daily and is critical for operations across a diverse range of businesses. The stakes are unmistakably high – 89% of executives report that weather directly impacts their daily operations.5 Through its years of dedication, expertise, and commitment as well as partnerships with organizations like NVIDIA, NCAR and UCAR, as well as continuing relationships with NOAA, The Weather Company continually advances weather science to protect what matters most. This relentless pursuit of excellence has earned recognition not just as the most accurate forecaster, but as the most trusted news source – trust that's built when people see how accurate forecasts help them make better, safer decisions across countless sectors, from aviation and agriculture to energy and emergency management. The world's leading weather provider,6 The Weather Company powers the weather forecasts on over 2 billion devices and sees over 330 million people accessing its digital properties monthly across The Weather Channel app and Weather Underground app and Storm Radar app, as well as over 2,000 enterprise customers relying on its weather products. In a world increasingly affected by weather events, The Weather Company's commitment to accuracy delivers something invaluable: informed decisionmaking, whatever the forecast. For more information, visit © Copyright The Weather Company, 2025 About The Weather CompanyThe Weather Company helps people and businesses around the world make more informed decisions and take action in the face of weather. With its deep industry expertise and highly accurate, high-volume weather data combined with advanced technology and AI, The Weather Company provides insights and solutions that harness the power of weather in a scalable, privacy-forward way. The world's most accurate forecaster, the company serves hundreds of enterprise customers and is trusted by hundreds of millions of monthly active users via digital properties from The Weather Channel ( and Weather Underground ( Visit 1 ForecastWatch, Global and Regional Weather Forecast Accuracy Overview, 2021-2024, commissioned by The Weather Company.2 SwissRe Institute,sigma No 1/2025, Natural catastrophes: insured losses on trend to USD 145 billion in 2025, 3 NOAA National Centers for Environmental Information (NCEI) U.S. Billion-Dollar Weather and Climate Disasters (2025). DOI: 10.25921/stkw-7w73 4 GRAF model updates its global forecasts every hour, unlike other conventional global models that typically update every six hours. Current global weather models forecast down to 9-13 kilometers (5.6-8.0 miles), while GRAF forecasts down to 4 kilometers (2.4 miles). 5 "Weather Means Business," October 2024, conducted by Magid, commissioned by The Weather Company. 6 According to Top Downloadable Weather Apps in 2024, by Active Users, from Sensor Tower (Jan 1 - Dec 31, 2024) View original content to download multimedia: SOURCE The Weather Company Sign in to access your portfolio
Yahoo
10-06-2025
- Climate
- Yahoo
The Weather Company Named World's Most Accurate Forecaster For Eighth Year Running
A new independent study has confirmed what millions of users and thousands of businesses have long trusted: The Weather Company delivers the most accurate weather forecasts worldwide. The study, conducted by ForecastWatch, a globally recognized evaluator of weather forecast accuracy, analyzed more than 600 million forecasts from 25 different providers. The verdict? The Weather Company ranked #1 in overall accuracy across 84 major categories and metrics, including precipitation forecasts, temperature forecasts, wind, and cloud cover. In fact, The Weather Company, which includes digital properties like and The Weather Channel app, was found to be nearly four times more likely to be the most accurate forecaster than the nearest competitor. That number rose to six times more likely when it came to extended 14-day forecasts. The Weather Company also earned more first-place finishes than any other provider since ForecastWatch began measuring in 2017. 'Forecast accuracy is a critical foundation to what people and businesses need to make meaningful decisions,' CEO Rohit Agarwal highlighted in a press release. 'More than just a number, a reliable forecast can empower you to live your best life, rain or shine, wind or snow.' This consistent recognition as the most accurate weather forecast provider has helped solidify The Weather Channel's position as the most trusted news source in America. In a recent poll from YouGov, The Weather Channel ranked #1 in trustworthiness–a title it has held for four years running. Americans are 49% more likely to consider The Weather Channel trustworthy than untrustworthy, making it a rare source depended upon by both Democrats and Republicans, according to the survey. The Weather Company's world-class accuracy is built on a foundation of scientific rigor, innovative technology, and human expertise. Using AI-enhanced, hyperlocal forecasts, the company harnesses massive amounts of real-time data: Ingesting more than 75 billion terabytes of data daily, fueling more than 100 global forecast models. Producing 25 billion personalized, continuously updated forecasts for 2.2 billion locations worldwide. Leveraging a proprietary AI and machine learning-based system, combining tech with the insight of meteorologists, atmospheric scientists and data engineers through a unique 'human over the loop' model. Operating GRAF, the only globally available, hourly updating, high-resolution weather modeling system that can forecast even small-scale events like individual thunderstorms. Collaborating with scientific powerhouses like NASA, NCAR UCAR and NVIDIA to ensure The Weather Company remains at the cutting edge of weather science and innovation. For an even deeper dive on how our most accurate forecasts are made, click here. For more than 40 years, The Weather Company has helped individuals and businesses navigate daily life and global crises alike. Its products reach more than 330 million people monthly through platforms like The Weather Channel app (the #1 most downloaded weather app) and TWC also has ongoing relationships with more than 2,000 enterprise clients in sectors from agriculture and aviation to retail and pharma, who rely on weather intelligence for critical decisions. In an era marked by record-breaking weather events and billion-dollar disasters, having the most accurate weather forecast isn't just a luxury, it's essential for safety and planning. The ForecastWatch study highlights how crucial dependable forecasts can be to protecting lives and property. With this latest recognition from ForecastWatch, The Weather Company continues to prove that when the world needs to know what the weather will do next, it turns to the most trusted and accurate name in the forecast game. lead editor Jenn Jordan explores how weather and climate weave through our daily lives, shape our routines and leave lasting impacts on our communities.
Axios
04-06-2025
- Business
- Axios
Weather Company CEO wants AI to help you know when to walk your dog
Weather Company CEO Rohit Agarwal said that AI brings new opportunities for forecasting but keeping humans in the loop is their "secret sauce" during Axios' AI+ Summit in New York on Wednesday. Why it matters: AI is improving forecasting and has the potential to help combat climate change, boost public safety and offer hyperlocal forecasts. Zoom in: Agarwal said AI has the potential to solve problems for businesses and enterprises that are highly dependent on the weather to serve their customers. For example, Agarwal explored the possibility of telling pet owners the specific day of the week or time of day that walks should take place to keep pets safe. "Wouldn't it be fun if we actually deliver that message to you, knowing that you're likely to have a pet, that you're likely to choose in the morning or afternoon walk, and that you have the type of dog that actually can use a lot of exercise?" Agarwal told Axios' Ashley Gold. But as companies race to adopt the technology, human expertise plays a crucial role. Driving the news: Agarwal said the Weather Company's AI models are one of their "superpowers," along with the human element. "We think that our secret sauce is also how we apply talented scientists and meteorologists to the formula to ensure that there is checks and balances against what those models are effectively communicating and computing so that we can ensure that we are delivering an accurate forecast for our customers," Agarwal said. As the Trump administration takes a sledgehammer to the federal government, including at NOAA and the National Weather Service, Agarwal said the Weather Company leverages relationships with those agencies to deliver "world class forecast data."
Axios
04-06-2025
- Business
- Axios
WATCH LIVE: Axios AI+ NY Summit
Axios' annual AI+ NY Summit will dive into the transformational forces behind the global race to dominate AI, the state of play for enterprise AI, and how industries like finance, policy and media are facing abrupt changes as a result of these. Featured speakers include NY Gov. Kathy Hochul, The Weather Company CEO Rohit Agarwal, actor/filmmaker/entrepreneur Joseph Gordon-Levitt, Writer CEO & co-founder May Habib, Lumen Technologies president and CEO Kate Johnson, WNDRCO founding partner Jeffrey Katzenberg, Aura founder & CEO Hari Ravichandran, Runway co-founder and CEO Cristóbal Valenzuela and Lux Capital co-founder Josh Wolfe.
Yahoo
12-05-2025
- Business
- Yahoo
The Founders Arena WealthTech Accelerator Announces Spring 2025 Cohort Focused on AI, Automation, and Advisor Enablement
Fourth Cohort announced by Accelerator connects startups with financial institutions to fast-track research, development, and adoption ARLINGTON, May 12, 2025 /PRNewswire/ -- The Founders Arena WealthTech Accelerator, in partnership with First Rate, Inc., SEI® and the City of Arlington, today announced the selection of its Spring 2025 cohort. The six companies—AssetLink, Investipal, MDOTM, Sequence, Quorus, and YourStake—represent a diverse set of solutions designed to streamline financial advisory workflows, enhance investment performance, and deliver more personalized client experiences through automation and data intelligence. Now in its fourth cohort, The Founders Arena continues to serve as a launchpad for high-growth WealthTech companies, bridging the gap between founders and the financial institutions that power the wealth management industry. Since inception, four participating startups, Charityvest, Sora Finance, upSWOT, and Caribou, have gone on to be acquired, and multiple cohort companies, including Bento Engine and Zeplyn, have found unique ways of partnering together though the connections the cohort creates. "The Founders Arena really helped us in three key ways: it sharpened our pitch and value proposition for the RIA customer base, deepened our connectivity across the broader space, and enabled us to define a proof of concept with an enterprise customer," said Rohit Agarwal, Co-Founder and Co-CEO, Sora Finance. The Spring 2025 cohort includes: AssetLink: A bidirectional intelligence platform that empowers asset managers and distribution teams to make smarter, faster fund placement decisions by directly connecting with buyers whose clients align with their strategy. AssetLink is based in New York, NY. Investipal: An advisor-first tool that automates portfolio construction and proposal generation. Investipal's AI-driven optimization engine delivers transparent, customized investment recommendations in minutes, allowing advisors to focus on growth. Investipal is based in Toronto, Ontario. MDOTM: An AI-powered investment platform that enhances portfolio management, decision-making, and reporting for wealth and asset managers. By delivering actionable insights and automating investment workflows, MDOTM helps reduce manual errors and save time. MDOTM is based in London, United Kingdom, with offices in Milan and New York. Quorus: A platform that lets asset managers deliver tax-managed, customized investment accounts while automating trade execution and portfolio optimization. Managers can focus on strategy development while Quorus handles the infrastructure. Quorus is based in New York, NY. Sequence: A financial operating system that consolidates accounts and automates cash flow, liability management, and savings through direct integrations with users' financial tools. Currently serving consumers, Sequence plans to expand into B2B wealth management applications. Sequence is based in New York, NY. YourStake: A document intelligence and meeting assistant that enables advisors to skip administrative work and move straight to financial planning. YourStake automatically turns notes, statements, and forms into structured data and personalized portfolio analysis. YourStake is based in Brooklyn, NY. The 8-week hybrid program is based out of Arlington, Texas, and connects participating founders with mentors, investors, and executives at leading financial institutions. Through tailored "VIP Visits" with financial institutions, participants receive firsthand feedback from potential partners and clients in the wealth management ecosystem. "We're seeing an inflection point where advisors and asset managers are demanding tech that not only enhances outcomes but radically simplifies operations," said Pamela Cytron, President of The Founders Arena. "In a time when AI is accelerating change across the industry, it's never been more critical to spotlight breakthrough innovation." Executives and financial institutions are invited to participate in the Spring 2025 VIP Visits, a limited series of 1:1 meetings with the Spring cohort to help organizations source, pilot, and scale emerging technology. "The commitment of The Founders Arena to the City of Arlington has been truly profound," said Arlington Mayor Jim Ross. "Celebrating its second anniversary, and announcing their fourth cohort, the accelerator has demonstrated unwavering dedication to nurturing the next generation of founders while embedding itself into the fabric of our city. Their continued investment of time, resources, and talent into Arlington shows how we are a hub for innovation and entrepreneurship." "The Founders Arena has built something unique—an accelerator that actually accelerates product-market fit by putting startups in front of institutions early and often," said Kendrick Wakeman, Co-Founder and CEO of WealthTech Strategy Partners. "The proof is in the acquisitions and partnerships we've already seen come from the first three cohorts, and with this fourth one, we're excited to keep collaborating with visionary founders who are solving real industry challenges." About The Founders Arena WealthTech AcceleratorThe Founders Arena WealthTech Accelerator (TFA), based in Arlington, TX, is an accelerator program dedicated to supporting the next generation of WealthTech startups globally. In strategic partnership with the City of Arlington, First Rate Inc., SEI®, and the Arlington Economic Development Corporation, TFA provides a comprehensive ecosystem of resources, mentorship, and networking opportunities. By fostering collaboration between startups, financial institutions, and the local community, TFA aims to drive innovation in wealth management and contribute to Arlington's growing reputation as a hub for financial technology. TFA's program includes mentorship sessions, technical workshops, and community engagement activities, all designed to accelerate startup growth and promote innovation within the WealthTech sector. Through its unique blend of startup support and community involvement, The Founders Arena is paving the way for transformative solutions that meet the evolving needs of the wealth management industry. For more information visit Media Contact:Aaron Berger394995@ 917-355-8959 View original content to download multimedia: SOURCE The Founders Arena
