There are many discussions taking place about how robots may potentially steal assembly line jobs and that drones will replace delivery people, cutting humans out of the workplace. But in some instances, expanded use of drones may create more jobs rather than take them away.
Goldman Sachs reports that drones will be a $100 billion market by 2020 with the fastest expansion in businesses and civil government. Commercial sector growth will likely be biggest in agriculture, insurance, and oil refining.
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.