By Michal Mazur, PwC Drones aren’t new technology by any means. Now, however, thanks to robust investments and a somewhat more relaxed regulatory environment, it appears their time has arrived—especially in agriculture. Unmanned aerial vehicles (UAVs)—better known as drones—have been used commercially since the early 1980s. Today, however, practical applications for drones are expanding faster than ever in a variety of industries, thanks to robust investments and the relaxing of some regulations governing their use. Responding to the rapidly evolving technology, companies are creating new business and operating models for UAVs.

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