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Analytics facilitates manufacturers to manage resources better and reduce time to market, and permit airlines to comprehend customers better and predict their behavior.
FREMONT, CA: The aerospace industry has been a source of innovation. Be it technical developments that soon make it into the hands of customers or proactive responses to economic trends quickly felt by the rest of the world, the aviation and aerospace industry is paving its way.
Below are a few things that the industry can look forward to in the coming years.
Big Data technology is growing its influence on the aviation industry, informing the way enterprises interact with their customers and consumer expectations of the businesses with which they network. Analytics facilitates manufacturers to manage resources better and reduce time to market, and permit airlines to comprehend customers better and predict their behavior. Consumers, consequently, have become accustomed to applications and websites that can find them exceptional travel dates, ticket prices, and seats with the click of a button. Additionally, they expect nothing less than an ideal service from the businesses with which they interact.
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The use of carbon composites and fiber in aerospace has been on the rise as a lightweight and fuel-efficient alternative to metals such as iron and steel. Most of the increase has been in wide body jets, although material costs and production rates have reduced the cost-benefit of composites in narrow-body aircraft. But the passage of time, on the other hand, has started to shift popular opinion. Firms are beginning to see significant savings in replacement and maintenance costs for carbon fiber components, making it more appealing to expand adoption across the complete fleet.
Industries from farming to logistics are finding uses for Unmanned Aerial Vehicles (UAVs). Farmers are monitoring their fields, while warehouses are monitoring their stocks, and construction companies are mapping build sites and monitoring progress using drone technology. Additionally, the drone has replaced the helicopter and crane as a source of aerial shots in the film industry. The market for piloted aircraft will never diminish, but one can expect to see demand for UAVs increasing as new industries discover new uses.