The increasing availability of satellite data from the Copernicus program provides a great potential for different environmental monitoring use cases. In particular, integrated cloud environments offered by satellite data platforms, such as the national Copernicus Data and Exploitation Platform – Germany (CODE-DE), enable the development of high-performance analysis services and the generation of innovative remote sensing products. However, this potential is not yet fully exploited by end users from the various fields of the environmental sector. Reasons for this include the missing availability of sufficiently powerful hardware for processing large amounts of satellite data as well as the lack of expert knowledge about remote sensing methods. Therefore, for the aim towards improved water monitoring, the WaCoDiS research project developed novel approaches which facilitate the use of satellite data within business applications. This article presents essential outcomes of the WaCoDiS Project. It demonstrates the potential of Copernicus data for water management applications and describes the technical building-blocks of a distributed system architecture that enables interoperable satellite data processing in cloud environments based on well-known geo-standards.