When you think of “drones,” what comes to mind? Maybe it’s the toy drone your 10-year-old neighbor constantly crashes into your yard. Maybe it’s that rumour you heard about a futuristic fleet of Amazon quadcopters lightly touching down on your front step to drop off a package.
Pipelines require a lot of data collection in order to operate smoothly and safely. Traditionally, this data has not been cheap or easy to obtain. Pipeline industry professionals are increasingly turning to unmanned aerial vehicles (UAVs), or drones, to help them meet these challenges.
According to McKinsey, the UAV industry is expected to grow to $26 billion by 2026. The oil and gas industry is expected to benefit significantly from this growth.
All businesses rely on electricity to function. So when the power goes out, any business experiences loss of operations that can cost thousands to millions of dollars. An unplanned electrical outage, especially a long one, can lead some businesses to a point where it's too difficult to recover.