Why the Drone Startup Market Holds Real Economic Potential

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        #News(General) [ via IoTForIndiaGroup ]


        “I haven’t seen any other technology evolving as fast as drones. Four years ago, entrepreneurs running drone start-ups were building drones like kids in a hobby class. Today, however, you can buy drones off the shelf. A lot more automation has gone into them as many sensors have been built around drones since silicon (used for making sensors) has become cheaper and lighter,” says Rahat Kulshreshtha, Founder and Chief Executive Officer, Quidich Innovation Labs.

        The accessibility of drones and the learning cycle, hence, has become a lot easier – from two-three months to less than two-three weeks now. The Mumbai-based Quidich, founded in 2013, offers customized drone development and aerial filming. It has worked with Mumbai and Rajasthan police for surveillance of important events like T20 cricket match.

        Ubiquitous Adoption

        Drones much like other technologies replace human inefficiencies. For instance, government data collection process or activities including mining, agriculture, traffic management or oil and gas pipelines’ inspection have intrinsic inefficiencies. The Delhi-based enterprise drone solutions start-up WeDoSky weed out such inefficiencies by extracting data using drones and processing them to help decision-makers make better decisions.


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