We discuss Spherical Needlets and their properties. Needlets are a form of
spherical wavelets which do not rely on any kind of tangent plane approximation
and enjoy good localization properties in both pixel and harmonic space;
moreover needlets coefficients are asymptotically uncorrelated at any fixed
angular distance, which makes their use in statistical procedures very
promising. In view of these properties, we believe needlets may turn out to be
especially useful in the analysis of Cosmic Microwave Background (CMB) data on
the incomplete sky, as well as of other cosmological observations. As a final
advantage, we stress that the implementation of needlets is computationally
very convenient and may rely completely on standard data analysis packages such
as HEALPix.Comment: 7 pages, 7 figure