How drone technology is transforming business deals

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How drones are helping dealmakers through the pandemic to deliver low-carbon due diligence PwC ad

In response, PwC Central and Eastern Europe have developed a drone-based tool for site inspections.The disruptions caused by the ongoing COVID-19 pandemic have touched every aspect of businesses, from massive remote-work shifts to ongoing breakdowns in the global supply chain.

"That's why due diligence lies at the heart of every single business transaction," she continued."To do this, you need to physically travel and see the asset. But when you can't travel, you need to come up with an innovative solution — that's where you can involve drones and on-site cameras to do the job for you."

"Buyers will likely want to visit at least one site to say they have 'kicked their tires,'" he said."But now their visits can be much more concentrated on time with the seller's management team. The drone solution will be the key tool of the site visit, as it reduces cost and increases the quality of the assessment.

But reducing air-travel reliance is not the only uplift Gajewska imagines drones creating."There is also the social impact of the tool," she said."It gives our clients an opportunity to create working conditions for employees that help their work-life balance, rather than spending days traveling to visit new sites."

 

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