Don't worry about drones falling from the sky

Nicholas Shields
walmart drone delivery

BI Intelligence


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Drones falling from the sky pose little danger to humans, according to a new study from the Federal Aviation Administration (FAA). The report found that if a DJI Phantom 3 drone falls on a person's head, it has just a 0.3% chance of causing a serious injury like a concussion.

On the other hand, a falling block of wood with the same mass carries a 99% chance of causing a head injury.

This bodes well for businesses hoping to more extensively use drones in the coming years. Drone regulations, which are mandated by the FAA, are due for an update next year, thanks to a reauthorization act passed by Congress in March 2016. Currently, these regulations are very stringent, largely because of safety concerns and fears that they could be dangerous to humans and other aircraft. But next year's update could make them looser, particularly as companies innovating in the space hit roadblocks as a result of the current regulations. This new report could help their case.

And if the FAA crafts more lenient regulations, that could benefit a myriad of companies innovating in the space, including firms like Amazon and Walmart that are angling to launch a commercial drone delivery service.

The Internet of Things (IoT) is disrupting businesses, governments, and consumers and transforming how they interact with the world. Companies are going to spend almost $5 trillion on the IoT in the next five years — and the proliferation of connected devices and massive increase in data has started an analytical revolution.

To gain insight into this emerging trend, BI Intelligence conducted an exclusive Global IoT Executive Survey on the impact of the IoT on companies around the world. The study included over 500 respondents from a wide array of industries, including manufacturing, technology, and finance, with significant numbers of C-suite and director-level respondents. 

Peter Newman, research analyst for BI Intelligence, Business Insider's premium research service, has conducted an exclusive study with in-depth research into the field and created a detailed report on the IoT that describes the components that make up IoT ecosystem. We size the IoT market in terms of device installations and investment through 2021. And we examine the importance of IoT providers, the challenges they face, and what they do with the data they collect. Finally, we take a look at the opportunities, challenges, and barriers related to mass adoption of IoT devices among consumers, governments, and enterprises.

Here are some key takeaways from the report:

  • We project that there will be a total of 22.5 billion IoT devices in 2021, up from 6.6 billion in 2016.
  • We forecast there will be $4.8 trillion in aggregate IoT investment between 2016 and 2021.
  • It highlights the opinions and experiences of IoT decision-makers on topics that include: drivers for adoption; major challenges and pain points; stages of adoption, deployment, and maturity of IoT implementations; investment in and utilization of devices, platforms, and services; the decision-making process; and forward- looking plans.

In full, the report:

  • Provides a primer on the basics of the IoT ecosystem
  • Offers forecasts for the IoT moving forward and highlights areas of interest in the coming years
  • Looks at who is and is not adopting the IoT, and why
  • Highlights drivers and challenges facing companies implementing IoT solutions

To get your copy of this invaluable guide to the IoT, choose one of these options:

  1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
  2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the IoT.

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