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Spire's six most recent Spirethoughts.

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EU offers more market access to Vietnam
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Drones: Winging it like a bird
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The World Bank’s USD212 million Green loan for Vietnam
Thumbnail_A global digital currency in the works_
A global digital currency in the works

Drones taking flight across many industries

As drone technology matures, the business applications continue to multiply – from logistics to security to agriculture. It is only a matter of time before drones overcome the remaining technical and legal barriers and become assimilated into most industries.

It is estimated that the drone industry would be worth USD10 billion by the year 2025. It is set to transform the operational landscape of many industries. For instance, a Singapore restaurant is experimenting with trials of drones to serve customers their food. With over 7,000 staff needed to keep Singapore’s booming restaurant industry ticking, drones could raise productivity.

Several companies (including Amazon.com) are experimenting with the use of drones for document and small parcel delivery in big cities, as well as surveillance of crops to monitor crop health in large plantations.

Drones are being used for entertainment purposes as well. The world’s first drone circus, known as “Air”, is coming to the Netherlands. The spectacular is set to be arranged by the Royal Netherland Air Force with an amazing medley of music, special effects, video and projections.

How long before drones impact your industry?


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