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1 PESTEL ANALYSIS:MKTG 6023: Agricultural Marketing Agri Business Management, Fanshawe College MKTG 6023: Agricultural Marketing SKYDEPLOY Name of Organization:SKYDEPLOY UAS INCORPORATED Industry:Aviation and Aerospace Headquarters:Richmond Street, London, Ontario, Canada Founder:Ted Strazimiri Mission:“Our mission is to make aerial data and unmapped inspection with drones simple, safe and affordable.” Services:Spatial Analytics, Precision Agriculture, Remote Inspection, Surveying and Mapping.
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2 Sky deploy is the provider of drone technology intended to provide valuable aerial data for actionable insights. The company drones generate high resolution aerial maps and images in real time and interpret the findings via reporting systems in a timely manner, enabling companies to access drone-based inspection at an affordable cost.By Spatial Analytics they also proved that they can make us to utilize parking space in a best way. Sky deploy also makes farmers to know plant and field health, plant stand count, irrigation requirement. PESTLE ANALYSIS ElementFactorBusiness Impact Political Legislative&Regulatory framework: Canadian Aviation Regulation (CARs) Transport Canada (TC) Funding:TChasstartedR&Don model aircrafts and conducting trials with drones as apart of Artic UAS (TC’s Drone strategy 2025) Stability:Elections are conducted in Sep2021andwonbypreviously ruling party. High:Certification is needed to fly drones (Modelaircrafts).Limitedoperations (maxtake-offwt=25kg,max altitude=300ft, day light) Penalties can be imposed Moderate:Chancetocollaboratewith governmentforthesecurity, surveillance, and other services. Low:The same government will be ruling until the next elections so there may not be major changes in different policies (tax) Economic Labourcost& Productivity:Aerospaceindustry needshighlyskilledworkforceto perform the operations. CostofOperation:Thefieldof aerospace is accessed at higher cost astheequipment&partsmight need to be imported. Consumer sending:Covid Pandemic has changed the mind set of majorities of population. Even the wayoflivinghaschangedalot compared to pre-pandemic period. High:Employerneedstohireskilled labour at competitive salaries. Fast, accurate and most efficient. High:Highcostforthedronesand importing taxes, certification cost etc. Establishingandoperatingastable businessinspaceindustrymighttake long time to achieve profitable success. Expenditure on recreational activities has declined due to change in priorities of peoplefocusingmoreonhealth. Decreases the business for the drone photo & videography.
3 Sociological Demographics & Education:Trends in demographics play a key role in demand economy forecasting. Adaptability&Perception:Cultural beliefs and awareness on the tech play important role in success of new business. Some people are unable to leave the age-oldculturalpracticesdueto theircustoms,beliefs,financial status etc. Attitudetowardswork:Encourage entrepreneurialnatureandmust have interest & knowledge towards tech. Younggenerationprefershighly intensive tech products whereas old age (45+) like low tech services/products. Geography with young population create more demand for the business. Some people described drone as a threat to privacy, some as a toy, some had psychological image as weapon. These perceptions due to lack of awareness create low demand. This reduces the use of drone technology inthefieldofagriculture,where precession can be achieved by the help of drone tech. Thiskindofattitudeincreases investment in research & development of new tch and markets. Technological Innovation - Drones are innovated to present information to farmers.It helpsfarmerstomaintainplant health, fruit optimization. Our technology analyses traffic with unparalleled detail. This allows for smarteranalyticsandqualitative insights. Site Progression Withenhancedvisibilityandmonitoring capabilitiesdronesprovideuswiththe actionable analytics that are revolutionizing farming. Gainacompleteunderstandingof patterns and capitalize on unused space with redevelopment opportunities. Keepyourteamontrackwiththe informationthatmatters.Shareand annotate models of the site and compare withyourto-be-builtplans.Thissaves capital and time which impacts business. Legal Safety laws-A drone must meet the relevantRPASSafetyAssurance requirementstoconduct advancedoperations. Patents -Multiple drone innovations can be protected by patents, subject to patent eligibility criteria. RPAS will undoubtedly transition into all areas of the airspace, as well as provide new solutions that will be adopted by manned aviation. Reviewing the patents not only provides an insight into the company’s ambitious program,butalsointothefutureof commercial drones more broadly.
4 Environmenta l Weather – Most consumer drones available today can be damaged by rain,snow,overheatbutlatest particulardroneslikeParrot HydrofoilMiniDroneandthe PowerDolphin are waterproof. Ecological impact -In rural areas, drones are designed to replace road deliveriessoastoovercome infrastructurechallenges;though dronesnotablyconsumelessfuel andconsequentlyhaveasmaller impact on the environment. It is the advantage for drone companies to increase their business by giving trust to the consumers that drones can work in any type of environments. As drones consume less fuel and some work on hydrogen fuel the investment capital for business decreases as a result Profit increases.
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5 References Transport Canada, Advisory Circular (AC) 600-004: Guidance Material for Operating Unmanned Air Vehicle Systems under an Exemption, (Issue 02, 22 December 2016), https://www.tc.gc.ca/eng/civilaviation/opssvs/ac-600-004-2136.html Ally, W. (Nov 10, 2020). PESTLE analysis. https://www.cipd.co.uk/knowledge/strategy/organisational-development/pestle-analysis- factsheet#gref Haula, K. (n.d.). Online shopping and Drone technology in Russia. https://elar.urfu.ru/bitstream/10995/68084/1/978-5-8295-0581-3_2018-06.pdf Sky Plc PESTEL & Environment analysis. (n.d.).Fern Front University. http://fernfortuniversity.com/term-papers/pestel/nyse4/6885-sky-plc.php Ferguson, J.P., & Clara, L. D. (2018). Blue Skies: Connecting African Farmers to Global Markets.HBR Publications.https://embapro.com/frontpage/pestelcase/5797-skies-blue Frue, K. (July 28, 2020). PESTEL Analysis.https://pestleanalysis.com/pestle-analysis-template/ Transport Canada.Drones in the Canadian Arctic.https://tc.canada.ca/en/programs/national-aerial- surveillance-program/drones-canadian-arctic Office of the Privacy Commissioner Canada.Guidelines for the Use of Video Surveillance of Public Places by Police and Law Enforcement Authorities.https://www.priv.gc.ca/en/privacy- topics/surveillance/police-and-public-safety/vs_060301/ CAN1 Business.https://www.can1business.com/company/Active/Skydeploy-Uas-Incorporated