Sky Machines Magazine - Unmanned and Remote Aviation Issue #001 2016 | Page 48

Post Processing and Analysis will become far more sophisticated. This component of the DAAS model will also undergo significant change. We have only begun to develop applications that let us create actionable information for end users. Look for thousands and thousands of offerings to come to market in the upcoming two to three years. Developing proprietary algorithms will become a key component to the success of the DAAS business model.

Interpretation and consultation will become the cornerstone. Here is where the DAAS model continues to make most sense. Building relationships with your customers, acting in a paid advisory role as a subject matter expert will continue to be valuable.

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 or agile enough to react quickly to tech developments and regulatory changes.

Drone Services as a Business Pt 1

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