Aerospace & Defense

The Aerospace and Defense industry faces unprecedented disruption on multiple fronts:

• Demand is increasing.
• Agile new competitors are targeting the market.
• Technology is impacting across the value chain.

Seventy-six percent of industry executives agree digital transformation is imperative to overcome this turbulence.

Companies that have already embraced digital transformation are surging ahead – achieving up to four times improvement on their digital investments. Others will accelerate velocity to their own digital transformation by embracing digital at the core of their business.

The aviation aftermarket still uses as lot of paper—but that is not going to be the case forever. In this fragmented, global industry where the same companies can compete and cooperate, figuring out how to share and leverage data and technologies within a shared ecosystem is key.

Aviation Week Chief Editor MRO Lee Ann Shay talks with Accenture Global Aerospace and Defense Lead John Schmidt and Accenture Aerospace and Defense Aftermarket Lead Jon Baker about this and how technologies such as artificial intelligence and virtual reality are already making an impact on MRO—from optimizing inventory and maintenance planning to improving customer service on a technical level.