| | May 20176CIOReview2017 commenced on a brighter note for the U.S. Aerospace industry as the trade surplus in products set a new record for international sales in 2016, delivering $146 billion in exports. Currently, the industry is in a sweet spot facing radical transformation under the new administration and a grand promise of $54 billion in the FY 2018 budget proposal. As a result, a grander digital transformation is on the cards for the industry that will boost subsidized innovation in varied component technologies, technology-sensitive managerial techniques, research and development, and new methods of production and manufacture. As evident, the aerospace industry continues to fly as one of the most advanced manufacturing base of industries, fuelling the U.S. economy by supporting millions of jobs. Even beyond its sheer size, the industry stands at the vanguard of technological disruption, embracing innovative applications across the value chain. With technology becoming more autonomous, government agencies are partnering with commercial technology firms to harness the power of IoT, machine learning, intelligent apps, artificial intelligence, and virtual reality for enhanced productivity and efficiency. These technologies are not just enabling clean, lean and flexible manufacturing and industrial automation but are also streamlining software systems, improvising aircraft control, navigation systems, supply-chain management, communications tech, and more. Under the purview of sophisticated automation systems, the human-machine collaboration and digital systems are also fueling disruption where data from sensors are driving strategic decisions in diverse operations in-flight as well as on the ground. Also, operations below the wing are advancing towards real-time integrated solutions that can offer ubiquitous connectivity to passengers. Along with the implementation of these technologies, stakeholders need to address the security and privacy issues that can create hurdles. Also, with the proliferation of new age mobile devices and applications, the infrastructure stands in the need of simplification and standardization for cost-efficiency, agility, and elasticity. Owing to unique requirements of the industry, the OEMs and integrators are grappling to provision end to end automation systems that define industry's excellence in overseeing processes and operations.To put in succinctly, the aerospace industry is turning to an exciting chapter with a promising future and stellar opportunities for diverse domains. Let us know your thoughts.Jeevan George Managing Editoreditor@cioreview.comEditorialChapter of DisruptionCopyright © 2017 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.CIOReviewMAY - 26 - 2017Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 MAY - 26 - 2017, Vol 06 SE 67 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesT: 510-565-7560Aaron PierceJoshua Parker Russell ThomasAva GarciaMelissa ReaktenwaltSarah FernandesKatherine Joneskatherine@cioreview.comVisualizersJohn GouthamManaging EditorJeevan GeorgeAEROSPACE SPECIAL
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