Pro Installer July 2018 - Issue 64 | Page 44

44 | JULY 2018 Business Read online at www.proinstaller.co.uk DRONES COULD ADD £42BN TO UK GDP BY 2030 - PWC RESEARCH Over 76,000 drones could be in the UK skies in 12 years’ time Drone technology has the potential to increase UK GDP by £42 billion (or 2%) by 2030, according to new research from PwC. The research estimates there will be more than 76,000 drones1 in use across UK skies by 2030. More than a third of these (36%) could be utilised by the public sector (including in areas such as defence, health and education). There are significant opportuni- ties for economic gains across all sectors, but the GDP uplift gener- ated by drones is forecast to have the largest impact on the whole- sale and retail trade sector with an increase of 2.5%, amounting to around £7.7bn. President reflects on progress during tough times In the last two years the Glass and Glazing Federation (GGF) has received wide coverage in the trade media for many successes as well as for some high profile departures. Since 2016, the GGF Board on behalf of its Members has devised a long term stra- tegic plan. This plan is now being imple- mented to ensure the GGF remains as the leading trade body in the glass and glazing industry. The strategic plan addressed all areas of the GGF and its subsidiary companies and entailed departmental and management re-structure. As with any significant structural change in an organisation, it is inevitable that staff will join and leave during the transition. It is unfortunate that some personnel decided to leave and also disappointing that some appointments haven’t worked out the way the GGF Board had initially expected. How- ever it is reassuring that most of the key long term GGF staff remain with the GGF and its group of commercial companies and are consistently delivering the benefits and service our Members and customers deserve. The report finds that drone tech- nology could help the UK achieve up to £16bn in net cost savings by 2030 through increased productiv- ity. The technology, media and tel- ecoms (TMT) sector stands to save the most by using drones, with a potential net saving of £4.8bn by 2030. Drones have ‘ the potential to offer a powerful new perspective for businesses across a variety of industries ’ Across the UK PwC estimates there will be 628,000 people working in the drone economy by 2030. New types of jobs to de- velop, build, operate and regulate drones will be needed, as changes in productivity and consumer de- mand resulting from drone usage create jobs. Elaine Whyte, UK drones’ leader at PwC, commented: “Drones have the potential to offer a powerful new perspective for businesses across a variety of in- dustries, delivering both productivi- ty benefits and increased value from the data they collect. The UK can be at the leading edge of exploiting this emerging technology”. https://www.pwc.co.uk/ GLAZING SUMMIT ATTRACTS 400 INDUSTRY LEADERS From some quarters, criticism has been levelled at the GGF Board, though it must be emphasized that GGF Board Members have been elected by the GGF Members to make decisions for the benefit of the broad GGF Membership. Though admittedly this transitional period has been difficult at times, the GGF Board, the staff and our Members are to be commended for their continuous great work across many areas. Substantial progress has been made in the last two years and today we are starting to see the benefits with record numbers of companies joining and staying with the Federation. featuring some of the industry’s most influ- ential people. Discussions ranged from materials and products to technology and innovation, with the final discussion of the day focused on mergers and acquisitions. The keynotes included Jade Greenhow from Insight Data who gave an expert overview of the industry and outlined further consolidation across all sectors. Jade also highlighting product trends and changes within the supply chain with the rise of trade-counters and local builders now capturing more market share from traditional double-glazing installers. One of the UK’s leading economist’s Dr Walter Boettcher from Colliers Interna- tional gave a powerful presentation on the UK economy and construction sector after Brexit. The conference was a ‘who’s who’ with CEOs and stakeholders from the indus- try’s most influential companies attending, with combined UK annual sales of over £1 billion. http://www.ggf.org.uk www.glazingsummit.co.uk The inaugural Glazing Summit con- ference was held on 22nd May and was at- tended by 400 business leaders from across the glass and glazing industry. The conference had 9 sessions including key-note speakers and panel discussions