Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Percepto Mitigates COVID-19 Impact with Autonomous Drone Technology - The rapid advances in drone technology in recent years, along with a “perfect storm” of AI, analytics, and Internet of Things convergence, has been driving increased adoption of autonomous drone technology - Percepto.co / Frost.com
Percepto Mitigates COVID-19 Impact with Autonomous Drone Technology

 

PRZOOM - /newswire/ - Santa Clara, CA, United States, 2020/07/07 - The rapid advances in drone technology in recent years, along with a “perfect storm” of AI, analytics, and Internet of Things convergence, has been driving increased adoption of autonomous drone technology - Percepto.co / Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering/Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Frost & Sullivan’s research analysts predict market revenue (for drone services alone) will grow more than 10-fold from 2020 to reach $515 million by 2030.

Owing to this demand, we took a closer look at the rapidly-growing industrial autonomous drone segment, identified the market leaders, and earlier this year recognized one company, Percepto, with our in the autonomous drone industry.

Then, the COVID-19 pandemic hit. And it brought the changing attitudes to and applications of autonomous drone technology to the forefront. The pandemic resulted in a massive decrease in travel and widespread orders for people to remain quarantined at home and/or practice “social distancing”. While the nature of actions taken to limit the spread of the virus has severely impacted economic sectors like travel, hospitality, and entertainment, the repercussions have been felt in nearly all industries.

It has become increasingly clear that the growing range of applications which can be conducted by drones already a trend pre-pandemic has been turbocharged by COVID-19. Ensuring “contactless” and remote yet continuous operations in multiple industries, forward-thinking operators have quickly ramped up rollouts and adapted usage patterns of autonomous drones to the “new normal”.

Several market factors were driving the uptake of autonomous drone systems even before demand driven by the pandemic response came into play. Frost & Sullivan research (frost.com) has highlighted several major trends that will continue to fuel the commercial drone market growth. Those trends include automation and artificial intelligence (AI) two technologies which are linked because computer vision, a subset of AI, enables key autonomous drone navigation features including precise landing and autonomous navigation in case of GPS loss. More importantly, computer vision and AI enable people detection and tracking, fire detection, anomaly detection and other applications that make the autonomous drone far more than just “a flying camera”, and enhance the ROI of drone usage for a variety of tasks.

As more and more beyond visual line of site (BVLOS) operations occur, demand for pilotless drones will increase. There will be more “man-on-the-loop” as opposed to “man-in-the-loop” operations as drones will be monitored rather than flown. In addition to AI enabling advanced functionalities and autonomous flight, machine learning will be increasingly relied upon to process data at the edge enabling real-time notifications and alerts that assist organizations in responding more quickly and effectively to anomalies and crises.

Percepto (percepto.co) is a company that exemplifies the capabilities, trends and technologies listed in the previous paragraph. They provide a best-in-class drone-in-a-box solution. The company’s proprietary Sparrow drones are designed with advanced analytics, AI, automation software, computer vision, and ML to optimize functionality. Its ruggedized and weather-proof Percepto Base and PerceptoCore software round out a system that provides 24/7 pilotless drones for a wide range of enterprise applications. Percepto’s solution is so impressive the firm recently earned our 2020 Enabling Technology Leadership Award for the Autonomous Drones Market. While there are other drone-in-a-box solutions, there are only a few companies that have mature, deployed systems and none have deployed as many as Percepto.

The market for fully-autonomous drones is still nascent. As global drone regulations begin to shift in favor of these systems, autonomous drone companies with solid, deployable solutions stand to benefit. In general, there’s growing demand for drone autonomy which can be evidenced by the recent release of the Skydio 2 as well as DJI’s Matrice 300, which can automate routine inspections. However, the true growth potential in the autonomous drone market is for drones that are part of a broader solution one that automates not just the flight itself but also the planning of a flight, the data analysis and the insight dissemination. These systems can involve a network of semi- and/or fully-autonomous drones that launch automatically, on a schedule or on cue (via AI or other sensors), and can be monitored from a remote location and at whatever scale is required. This will maximize return on investment. There are many competitors in this space, but Percepto’s autonomous drone-in-a-box solution rises to the top due to the proven performance of its deployed products and the company’s endless drive to customize its solution to address various use cases and operational needs.

Response to the COVID-19 pandemic has resulted in the expansion of some current drone use cases as well as the discovery of new use cases. In general, this has led to a growing appreciation for the benefits that small drones can provide. There is no way to determine how long this pandemic will last, or if the virus will mutate and persist, which makes it difficult to estimate the impact COVID-19 will ultimately have on the growing UAS market. However, because they possess the ability, by design and process, to limit human contact while conducting operations like delivering critical items, conducting critical infrastructure inspections, and monitoring high value assets, drones and drone services will only see increasing demand. Especially autonomous drones like those that Percepto provides.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering/Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering/Artificial Intelligence articles,
CATCH Visitors via Your Competitors Announcements!


Percepto Mitigates COVID-19 Impact with Autonomous Drone Technology

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Percepto Drone-In-A-Box | Frost & Sullivan
Contact: Michael Blades - Frost.com 
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Engineering/Artificial Intelligence via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Engineering/Artificial Intelligence Most Recent Related Press Releases:

Data Science to Accelerate Drug Discovery with Artificial Intelligence and Machine Learning Says Frost & Sullivan
Ultromics Lauded by Frost & Sullivan for Pioneering AI-based Cardiovascular Suite, EchoGo
SAP.iO Fund Invests in Neural-Based Search Company Jina AI
Evolv Applauded by Frost & Sullivan for Its Revenue-driving Customer Experience Optimization Technology
ABB Unveils Solutions to Accelerate Intelligent Manufacturing and Healthcare At China International Industry Fair
Helvar Commended by Frost & Sullivan for Leading the AI-powered Lighting Controls Market with its ActiveAhead Solution
QTS Lauded by Frost & Sullivan for its Best-of-Breed Data Center Facilities Offering Unparalleled Reliability, Resilience, and Operational Visibility
US DoD to Focus C4ISR Spending on Commercial IT Advances in Artificial Intelligence and Cloud Computing Reports Frost & Sullivan
trinamiX, Owned Subsidiary of BASF Introduces Innovative Technology to Better Monitor and Control the Purchasing & Refining Process of Coffee Beans
Frost & Sullivan Recognizes LinkShadow as Innovation Leader in User and Entity Behavior Analytics Based on Machine Learning

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Huntington Study Group Ltd







 
  ©2020 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today