Growth on the surface, turbulence below
With aerospace and defense companies continuing to contend with myriad challenges—from insurgent competitors and breakneck technological change to geopolitical instability—being relevant is more important than ever. Industry players are working hard to develop new and innovative ways to serve the needs of their customers, suppliers, partners and workforce at the “moments that matter.” They are operating in a post-digital world where technology is the fabric of reality. Aerospace and defense companies can use it to meet stakeholders wherever they are, at any moment in time—if they rise to the challenge. As they do, they are becoming more like living businesses, building and sustaining symbiotic ties with all their stakeholders.
Five technology trends reshaping aerospace and defense
This year’s Accenture Technology Vision highlights five emerging trends that will have a decisive impact on the entire value chain, from aircraft design to passenger or pilot experience. In each trend, digital saturation is raising expectations, abilities and risk across industries, as well as shaping how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era.
DARQ Power: Understanding the DNA of DARQ
The next set of technologies to master include distributed ledger, artificial intelligence, extended reality and quantum computing. Individually, they’re powerful. In combination they’re game-changing.
A new kind of Living Business
To become living businesses, aerospace and defense companies should transform based on five key pathways.
Target core and disruptive growth initiatives
This path involves identifying new value and business models by rethinking investments based on a better understanding of customers’ digital needs. With that understanding in place, it’s a matter of deciding whether a new idea or opportunity is worth it.
About the research
Every year, Technology Vision and Accenture Research professionals identify five technology trends that will shape business over the next three years.