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UKHotViews©

 

Wednesday 10 January 2018

PwC puts worker bees on drones

LogoAccountancy & advisory firm PwC has launched a specialist unit for commercial drone operations in the UK. The move follows the successful setup of the Drone Powered Solutions centre in Poland last year.

Targeting the global market for drone-enabled business services that it has valued at over $127bn, PwC has set up a small UK team of specialists to expand its reach in the industry. The initial investment is, however, modest and will start with six dedicated full-time employees. In addition, there are specialists embedded in each of PwC’s main business areas - assurance, tax, deals and consulting - as well as in particular sectors, such as power and utilities, national security and construction.

To begin with, PwC will focus its consultancy services on how drones can be used in asset maintenance and monitoring, capital projects and construction where they can help capture information from a different angle, gathering data quickly from hard-to-reach places with accuracy down to a few centimetres. It will seek to deliver new insights to clients by applying data analytics and machine learning techniques to the raw data collected by drones. Longer- term, however, it believes that the use of drone data will become business as usual within the next decade.

New technologies – particularly data analytics and AI -  are disrupting the professional services world. They are changing radically both the services being offered to clients and how more traditional services are delivered. All of the major players are making significant investments their own digital transformations as we have highlighted in our recent coverage of Deloitte, EY and KPMG. PwC is doing a good job of demonstrating the application of digital technology in their own business (see here) and the move into drone-enabled business services is another logical step along this path. Time will tell, however, whether demand of the scale it envisages in this area ever fully materialises.

Posted by Duncan Aitchison at '08:59' - Tagged: consultancy  

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