The 2020 Ocean Enterprise Study

May 26, 2020

Comprised of for profit and nonprofit entities in the maritime industry that supports and sustains ocean measurement, observation and forecasting, the Ocean Enterprise “sometimes referred to as the ‘New Blue Economy,’ comprises the platforms, technology, and information services that deliver the ocean observations, measurements, analyses, and forecasts enabling the wider Blue or Ocean Economy.1” These elements “include products and services related to the world’s oceans, coasts, and tidal reach environments, as well as the U.S. Great Lakes system2” that are thoroughly woven into the fabric of our daily lives.

Led by the National Oceanic and Atmospheric Administration (NOAA) and the United States Integrated Ocean Observing System (IOOS) and conducted by the ERISS Corporation, The Ocean Enterprise Study provides the opportunity to showcase the sector’s contribution to U.S. employment and to better understand the global reach of U.S. Ocean Enterprise companies exporting across the world. When last conducted in 2015, the Ocean Enterprise Study found that 410 businesses in 36 states had contributed $7 Billion in annual revenue to the U.S. economy. Five years later, the question at hand is just how much has the enterprise grown? This is what NOAA and IOOS® are hoping to determine by conducting this second study.

Tim Gallaudet

“NOAA strongly supports the IOOS Ocean Enterprise Study 2020. Applying data and services to grow the American Blue Economy is a top priority for our agency, and the information provided by this study will help us further the sustainable economic contributions of our oceans, coasts, and Great Lakes,” said retired Navy Rear Admiral Tim Gallaudet, Ph.D., Assistant Secretary of Commerce for Oceans and Atmosphere and Deputy NOAA Administrator. “We are proud of our IOOS Program and partners that have enabled NOAA’s leadership in Ocean Science and Technology.”   

The study could not be timelier. It will give the sector an opportunity to voice its collective views concerning the impact of COVID-19 and the related disruption to important markets, such as offshore oil and gas. Furthermore, the Blue Economy has seen unprecedented change since the 2015 survey. It is on the cusp of revolutionary progress in capabilities and opportunities.

Carl C. Gouldman

“The Ocean Enterprise isn’t an easily identifiable industry sector which is why we did this study in the first place.  We have more opportunities than ever before to form productive partnerships with private industry to help us live, work, and play safely in and on our ocean and Great Lakes” said Carl C. Gouldman, Director, U.S. Integrated Ocean Observing System (IOOS) Program, NOAA. “This study not only helps identify those opportunities, but it also helps us advance the dialogue about public-private partnerships in the ocean observing community. We welcome any U.S. based firms to join the effort and fill out our survey this year to help us improve our partnerships.”

 MTS members participation in this survey will be a critical contribution to help NOAA and IOOS prepare for the years ahead. A final report of the survey results will be published in fall 2020 and will be available to all participants.

Do your part. Raise your voice and contribute your professional insight by participating in the 2020 Ocean Enterprise Study.

1 and 2) National Oceanic and Atmospheric Administration (NOAA), the United Integrated Ocean Observing System (IOOS) and the ERISS Corporation –

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