Class notes

Lecture #3b - Drones

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Course
BUS 1440 (BUS1440)

Institution
University Of Denver

Book
The Fourth Industrial Revolution

Overview of drones What the drones are, its important features, the problem(s) it solves, and how it works Potential business applications for drones Risks, challenges, and potential unintended consequences associated with drones

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Uploaded on December 31, 2024
Number of pages 5
Written in 2024/2025
Type Class notes
Professor(s) Neil j. pollard
Contains Lecture #3b - drones

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The Fourth Industrial Revolution & Starting a Business

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1. Class notes - Lecture #1 - the fourth industrial revolution
2. Class notes - Lecture #2 - the internet of all things
3. Class notes - Lecture #3a - artificial intelligence
4. Class notes - Lecture #3b - drones
5. Class notes - Lecture #4a - extended reality & autonomous vehicles
6. Class notes - Lecture #4b - digital twins
7. Class notes - Lecture #4c - cybersecurity
8. Class notes - Lecture #5a - blockchain & cryptocurrency
9. Class notes - Lecture #5b - bio-technology
10. Class notes - Lecture #6a - big data/data analytics
11. Class notes - Lecture #6b - neurotechnology
12. Class notes - Lecture #6c - additive manufacturing
13. Class notes - Lecture #7b - quantum computing
14. Class notes - Lecture #8b - geoengineering
15. Class notes - Lecture #9b - 5g (fifth generation)
16. Class notes - Lecture #7a - marketing part 1
17. Class notes - Lecture #8a - pitch workshop
18. Class notes - Lecture #9a - marketing part 2
19. Class notes - Lecture #10 - starting a business
20. Class notes - Lecture #11 - startup financials
21. Class notes - Lecture #12 - strategy
22. Class notes - Lecture #13 - esg & triple bottom line
23. Class notes - Lecture #14 - globalization (global business)
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Top Down View

Global Market
2020: $18.8 billion
2027 Projection: $40.9 billion

Drone (For our purposes): Any flying vehicle that does not require a pilot.

Zooming in

Key Features:

● Flight time on a charge
● Payload capacity
● Speed
● Smart home return
● Spacial awareness
● Noise level
● Camera-Thermal, 4k,
Video and photo
● Full autonomy

Problems Solved:
● Airways dont have as much traffic - but that may change
● Sustainability
● Removes the need to pay for an operator
● Faster than a car

, Military Drones

Military uses drones with thermal cameras to scout enemies + get real time information

The United States believes drones can save lives of people in the military

In 2023 the US military spent ~ 916 billion dollars on the entire military

And only about 8 billion or 0.79% was spent on drones

In 10 years from now military spending on drones is expected to reach about 35 to 40%

Shipping Drones

Major companies that use drones

UPS

UPS/ use trucks/ drive down the road and use trucks as the hub

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