In summary, DAAS represents a new and exciting business opportunity. For the short term, drones should be relegated to ‘data acquisition devices’ and the emphasis should be on “it’s all about the data”. Companies that are focused on applications with a quantifiable ROI will create good value propositions. The winners will be those companies that develop proprietary algorithms which solve real business problems, minimize capital and labor costs, and are nimble enough to react quickly to tech developments and regulatory changes.
What do you think?
Feedback is appreciated, email me at [email protected]. I promise to provide an update with your good suggestions included.
What’s in the next article?
In the next instalment Ill go through financial model assumptions, discuss some how-to’s to get your business started, and talk about mitigating some of the risks identified in this instalment. Here are some additional points of view:
• As commercial drone use soars, 'drone services' take flight - http://fortune.com/2015/07/17/commercial-drone-service/
• Drone-for-Hire Business Makes Big Bet on Industry - http://www.nytimes.com/2015/09/30/business/drone-for-hire-business-makes-big-bet-on-industry.html
• A Business Case for UAS- http://www.suasnews.com/2015/09/38745/a-business-case-for-uas
• Drones + X http://techcrunch.com/2015/09/13/drones-plus-x/
• Owner of Milton Keynes drone business believes technology will become ‘prevalent’ http://www.suasnews.com/2015/09/38754/owner-of-milton-keynes-drone-business-believes-technology-will-become-prevalent/
Event 38 designs and manufactures drones, specialized optical sensors, and a cloud based Drone Data Management System-TM for small and medium sized businesses. Today we have customers in 49 countries using our products for agriculture, surveying, construction, environmental preservation, and other applications. For additional information please contact us at