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14:38
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Originally posted by Inferno31
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While some of what you have been saying may be true . I think you are generalising the entire imaging sector. The CEO himself acknowledged multiple times that there are a lot of competitors and knows there are the likes of Google and others in the space but more in the consumer space and other segments. But Nearmap has a niche clientele that they are catering their services towards as the client have visual analytics needs . Nearmap is a B2B company with particular industry clients in mind. at this stage Nearmap is tiny and can gain market share quickly. Sure maybe 5-10 years down the line it might struggle as it reaches maturity but then there are other countries and continents to map. Drones, satellites etc are tools to capture imagery , but Nearmap is a visual analytics company and their IP is the image analysis software besides the hypercam, that they offer to clients to analyse and make informed decisions .
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And Drones are seen as a nuisance and make people more paranoid about others looking into their backyards or interfering with airspace etc or crashing into houses whereas aircraft are not so badly viewed even though they doing essentially the same thing.
