Victor Yermak on Bloomberg TV

Share on Facebook0Tweet about this on TwitterShare on Google+0
Victor Yermak

Victor Yermak, CEO of Dataerion, shared his vision of the future of the drone market with the Bulgarian business community in his interview on Bloomberg TV. During the next 10 years this market will more than double in size, from 2 to 5 billion dollars, and drones will become a real source of added value in many businesses and industries.

“It’s a challenge – integrating drones into our life and building relationships with them”, says Yermak. “People are afraid of robots, because they may compete with them in the future. Artificial intelligence has the potential to compete with people.”

He notes that military UAVs have been in existence for almost two centuries, while the civil drone industry started developing rapidly only two years ago. According to Yermak, the two industries which can benefit the most from drone technologies are agriculture and insurance. For example, in crop insurance UAVs can be used for precise estimation of losses.

Yermak also noted that Bulgaria is a perspective market for aerial technologies, because the absence of heavy regulation, such as certification of pilots, stimulates the industry. In the future, The EU’s general norms will be met, and at that point the main goal will be not to impose excessive regulation on the industry, because that may hinder innovation.



Share on Facebook0Tweet about this on TwitterShare on Google+0

Sample posts

Screen Shot 2019-05-10 at 1.54.39 PM

Skyglyph for Agroinsurance on hr I equarium Portal

We are pleased to inform that our Skyglyph agroinsurance solution is placed to hr I equarium Marketplace for Insurance Solutions  ( and now available to Hannover Re clients. hr | equarium is Hannover Re’s online platform for connecting providers of innovative solutions and services with insurance companies around the world. With more than 5,000 contacts […]


Participation in 5th Asia Agriculture Insurance Conference

Asia’s agricultural sector holds the peak position in the food pyramid for the world with 2.2 billion people in the region relying on agriculture for their livelihood. To discuss the future of agro Insurance and Impact of Climate Change, Technology & Inclusive Insurance, experts will come 20-21 Sep 2018, to New Delhi, India to 5th […]


Offering Big Data Analytics & Tech Solution to Farmers & Insurance Companies in India

There are many types of insurances, including index-based insurance, which use satellites photos for measuring some indices (for example NDVI) and reimbursing. But, for many types of risks, payouts from the index-based insurance products are poorly correlated with actual damage experienced by farmers in their fields, resulting in limited uptake and limited impacts. Image resolutions […]