Advancing operational earthquake forecasting
What is Quantectum?
Quantectum is an Operational Center dedicated to the advancement of operational earthquake forecasting, that offers a detailed earthquake forecast that will empower you to better assess and manage earthquake risks, create better mitigation plans, and ensure business continuity. The company was founded in 2019 and uses the most advanced physical and mathematical models for the explanation of faulting processes in the Earth’s crust.
It adopts the same standards for the production and evaluation of forecasts as in meteorology. Based on this, the earthquake forecasts are delivered to partners, commercial customers, and the broader community. Earthquake forecast standards are based on the most advanced mathematical models of earthquake triggering, an ensemble approach, and statistical testing of all results. Such an approach allows for complete automatization of the modeling processes developed up to the operational level. Quantectum cooperates with only high-ranking scientists, analysts, IT professionals, and other highly qualified experts.
About team
Streams of work
Quantectum develops and produces ensemble-based earthquake forecasts based on the tectonic shear stress field, the shear traction field, time-synchronization of earthquake sequences, and atmospheric precursory anomalies. The ensemble models describe the range of possible scenarios and the likelihood of earthquake occurrences.
Quantectum carries out research on all aspects of global earthquake forecasting. One of the two main theoretical approaches are based on the Litosphere-Atmosphere-Ionosphere-Coupling (LAIC) theory. The forecasts are statistically tested using standards defined by Collaboratory for the Study of Earthquake Predictability (CSEP), and Quantectum’s own extended standards.
Quantectum’s wholesome forecasting system has created an opportunity to analyze all aspects of tectonic and seismic processes. These datasets can be used for risk assessment and hazard mitigation up to several months ahead. Quantectum produces low-definition, high-definition, and ultra-high-definition forecasts in all seismically active regions worldwide.
Quantectum releases monthly forecasts, weekly analyses and forecasts, earthquake reports on all major earthquakes, and daily timelines with notifications, alerts, warnings, and alarms for all seismically active regions worldwide. Some of the forecasts are available freely, while detailed information packages are only available to customers.
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The discussion was about the possible cooperation and added value for each side.
Connecting earthquake forecasting with catastrophe bonds in London, UK.
According to the USGS earthquake report, in August we witnessed the least earthquakes in the whole year.
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The largest earthquakes in Slovenia occurred in 1511 in Idria and in 1998 in Zgornje Posočje.
In Italy, earthquakes can strike nearly anywhere as almost the whole Italian peninsula forms one giant earthquake-prone zone.
Did you know that shallow earthquakes tend to be more damaging than deeper ones?