Goldman Sachs forecast a $100 billion market opportunity emerging for drones from 2016 through to 2020. We are more than halfway through that window, and real estate is one of the industries feeling the greatest reverberations from drones’ arrival. Drones are able to collect data in unprecedented ways, complete tasks like physical inspections which can be too risky for humans and are impacting the marketing of real estate to investors or buyers in ways never before possible.
Real estate is being or will be impacted by the arrival of drones in four broad ways. So says Jake Fingert, partner at Camber Creek, a Washington, D.C.-based venture capital firm that invests in real estate tech companies. First, drones can allow developers to tell more compelling stories through video. Imagine being able to build a powerful social media campaign to lure prospective renters to a new urban high-rise apartment building by showing week-by-week progress of the building’s construction from a drone’s perspective, Fingert says.
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.