{"id":3321,"date":"2019-01-29T10:55:04","date_gmt":"2019-01-29T18:55:04","guid":{"rendered":"http:\/\/droneanalyst.com\/?p=3321"},"modified":"2019-01-29T10:55:04","modified_gmt":"2019-01-29T18:55:04","slug":"evaluating-the-economics-of-bvlos-drone-operations","status":"publish","type":"post","link":"https:\/\/droneanalyst.com\/2019\/01\/29\/evaluating-the-economics-of-bvlos-drone-operations\/'","title":{"rendered":"Evaluating the Economics of BVLOS Drone Operations"},"content":{"rendered":"<p>We just announced the release of our latest research on commercial drone operations. <em><a href=\"https:\/\/lp.precisionhawk.com\/unlock-bvlos-drone-operation?utm_campaign=bvlose&amp;utm_source=Skylogic\" target=\"_blank\" rel=\"noopener\">The Economics of Using Drones for BVLOS Inspections<\/a><\/em> is a white paper sponsored by PrecisionHawk, the leading provider of drone technology for the enterprise, which provides a foundation for businesses to evaluate when it\u2019s best to use traditional ground and manned aviation, line of sight drones, or BVLOS (for \u201cbeyond visual line of sight\u201d) drone inspection approaches. It\u2019s designed as a comprehensive primer of drone inspections in specific industries.<\/p>\n<p>The paper answers questions like:<\/p>\n<ul>\n<li>What\u2019s the best way to enable an effective drone strategy?<\/li>\n<li>What are the economic benefits of operating drones?<\/li>\n<li>What are the costs, benefits, and risks of using drones for BVLOS operations?<\/li>\n<li>How does that compare with traditional inspection methods?<\/li>\n<\/ul>\n<p>Here is an excerpt:<\/p>\n<p>As the commercial drone industry continues to evolve, widespread BVLOS drone inspection has the potential to significantly change business models for oil and gas, utilities, insurance, and other industries. Representatives we spoke with in those industries point to four main drivers motivating them to explore BVLOS operations:<\/p>\n<ul>\n<li><strong>Safety<\/strong>, as in preventing fatal helicopter crashes or accidents from having to manually climb towers to take readings;<\/li>\n<li><strong>Costs<\/strong>, or reducing dependence on a $1,500-per-rotor-hour helicopter and personnel and even cutting the time and expense of the multiple flights needed in flying drones within visual line of sight (VLOS);<\/li>\n<li><strong>Data inconsistency and lack of quality<\/strong>, since manual data collection sometimes involves photos taken from a helicopter traveling at speed and at different heights for each flight\u2014which leads to inconsistency\u2014or hand-written notes taken while visually inspecting with binoculars\u2014which leads to imprecise or poor quality data;<\/li>\n<li><strong>Time to value<\/strong>, meaning that BVLOS flight can cover a wide area and collect high-quality data much more quickly than traditional means, so, for example, insurance claims of total loss can be indemnified faster.<\/li>\n<\/ul>\n<p>The 21-page report also provides a guide for when\u2014and how\u2014to deploy drones to inspect assets, use cases for how drone missions compare with traditional methods, and insight from PrecisionHawk\u2019s customers about how they\u2019re refining their inspection strategy\u2014and their results.<\/p>\n<p>You can register to <strong>get the free report here:<\/strong> <a href=\"http:\/\/bit.ly\/2Rn8z6y\" target=\"_blank\" rel=\"noopener\">http:\/\/bit.ly\/2Rn8z6y<\/a><\/p>\n<p>Image credit: PrecisionHawk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We just announced the release of our latest research on commercial drone operations. The Economics of Using Drones for BVLOS Inspections is a white paper sponsored by PrecisionHawk, the leading provider of drone technology for the enterprise, which provides a foundation for businesses to evaluate when it\u2019s best to use traditional ground and manned aviation, &#8230; <a title=\"Evaluating the Economics of BVLOS Drone Operations\" class=\"read-more\" href=\"https:\/\/droneanalyst.com\/2019\/01\/29\/evaluating-the-economics-of-bvlos-drone-operations\/&#039;\" aria-label=\"Read more about Evaluating the Economics of BVLOS Drone Operations\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":3323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,7,36,49,30,23],"tags":[115,73,119,9,118,77,102,116,20,10,117],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evaluating the Economics of BVLOS Drone Operations - 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