Precipitation as a key parameter in hydrometeorology and other water-related applications always needs precise methods for assessing and predicting precipitation data. In this study, an effort has been conducted to downscale and evaluate a satellite precipitation estimation (SPE) product using artificial neural networks (ANN), and to impose a residual correction method for five separate daily heavy precipitation events localized over northeast Austria. For the ANN model, a precipitation variable was the chosen output and the inputs were temperature, MODIS cloud optical, and microphysical variables. The particle swarm optimization (PSO), imperialist competitive algorithm,(ICA), and genetic algorithm (GA) were utilized to improve the performance of ANN. Moreover, to examine the efficiency of the networks, the downscaled product was evaluated using 54 rain gauges at a daily timescale. In addition, sensitivity analysis was conducted to obtain the most and least influential input parameters. Among the optimized algorithms for network training used in this study, the performance of the ICA slightly outperformed other algorithms. The best-recorded performance for ICA was on 17 April 2015 with root mean square error (RMSE) = 5.26 mm, mean absolute error (MAE) = 6.06 mm, R 2 = 0.67, bias = 0.07 mm. The results showed that the prediction of precipitation was more sensitive to cloud optical thickness (COT). Moreover, the accuracy of the final downscaled satellite precipitation was improved significantly through residual correction algorithms.As precipitation varies greatly in space and time, gridded precipitation data in high spatiotemporal resolution is a considerable requirement as input for hydrometeorological and water resources management applications. This type of data is highly important for timely action (e.g., the initiation of landslide and mudslide movement) and decision making, such as evacuating an area with high potential for flooding, or to secure food and water supply [1]. However, high spatiotemporal resolution datasets are usually available only on a country level or cover a specific geographical region. These type of datasets might be obtained by interpolation of in situ observations and reanalysis products, or derived through remote sensing observations [2].The monitoring of precipitation from space opens a new era of precipitation observation. Hence, precipitation and hydrologic cycle studies are a hot topic in atmospheric science. High-resolution satellite precipitation estimates (SPEs) provide an effective global source of uninterrupted data for various water-related applications, especially over regions where ground-based observations are often lacking or sparse. These factors are underlying reasons why the increasing use of satellite data, which provide much better geographical coverage despite the potential limited accuracy, depends on precipitation products. The limited accuracy could be caused by various reasons e.g., algorithm, orographic effects, cloudy and/or snowy conditions, the relatively s...