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Remote Monitored Systems Plc

Drone Technology Drives Construction Industry Innovation

With the construction industry continually evolving, the role of technology within the job sector has also improved. According to an article in GeoSpatial World, the use of drones in construction will see “a manifold growth,” within the next 10 years, lowering the cost of projects, increasing productivity, and improving surveying accuracy.

The magazine referenced a PwC report that said up to 600,000 people will be employed in the drone industry by 2030. The report also said drones will help to collate 3D information within the industry.

 

Remote Monitored Systems plc (LON:RMS) is focused on the continued development of the Company’s ‘Survey & Inspection’ business. RMS also has a majority interest in GyroMetric Systems Limited, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts. In addition the Company is implementing an enhanced growth strategy via the appraisal of complementary acquisition or investment opportunities. This is in line with the Company’s stated objective to achieve improved financial performance in the near term.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.