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This MIT Startup, Airworks, Aims To Be The Top Aerial Data Analytics Service For Construction Firms

Forbes - Tech

In the Age of Big Data, humans generate 2.5 quintillion bytes of data each day. Looking at data related to land surveying for construction, the lack of automated information processing makes the activity expensive and tedious, costing clients an average range of $10,000 to $20,000 for a two-month project. David Morczinek and Adam Kernowski established Airworks, a Cambridge, M.A.-based data analytics startup that automates the processing of 20 million points of data from drone images to help decision-makers at land development and construction make sense of their aerial data. They are playing a more significant role in a variety of commercial applications such as aerial filming and package delivery. The global management consulting firm, McKinsey & Company, estimates that the commercial drone industry will have an economic impact ranging from $31 to $46 billion on U.S. GDP.