CIOReview
| | AUGUST 20196CIOReviewThe aviation industry is a somewhat fragile one, and many factors may change its trajectory. It can be the geopolitical tensions, soaring fuel prices or something positive such as fulfilling the backlog of commercial aircraft, which according to research by Deloitte, currently stands at 14000. Furthermore, where on the one hand, industries such as automobile and healthcare are at the vanguard of technological disruption and embracing innovative applications across the value chain, the aviation industry has trailed, owing to compliances and laws of different countries. However, from 2019, the technological transformation of the Aviation industry seems promising. According to recent research by Frost & Sullivan, digital transformation programs in the airline industry could generate an incremental value of $5-$10 for every passenger, on an annual basis. Naturally, then the digital transformation will create extraordinary value for the industry by improving productivity, lowering the cost, and creating a new avenue for revenue generation. In this dynamic industry, aviation-engineering firms have a significant role to play. They have already started to leverage the power of IoT, machine learning, artificial intelligence, and virtual reality to enable enhanced productivity and efficiency. Harnessing these technologies will not only enable clean, lean, and flexible manufacturing and industrial automation but will also streamline software systems, improvise aircraft control, navigation systems, supply-chain management, communications tech, and more.In a nutshell, the aviation industry is set to see the upward shift with innovative technological transformation. These, and more, factors will shape the future of the aviation industry using increasingly advanced methods to build, repair, and maintain commercial fleets.Do let us know your thoughts.EditorialThe Upward Shift in AviationCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com August - 23, 2019, Vol 08, Issue - 67 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesAaron PierceCarolynn WaltersJustin SmithShirley FaithSamikshya BeheraRussell ThomasRichard Watsonrichard@cioreview.comVisualizersIssac GeorgeJohn Gotham*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin Smith
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