In the civil aviation industry asset management is key to running a successful and profitable business model. With parts in high demand, low in numbers and exorbitant in price, one can feasibly cut costs and increase efficiency of the entire organization by improving asset functionality and maintenance. Business Development and Sales for Aerospace & Defense at IFS, Espen Olsen believes that the Internet of Things (IoT) and augmented reality are two monumentally important technologies that will start to dramatically develop in 2017 and holds the key to unlocking the ceiling in terms of potential within your business. With aircraft sales set to triple by 20134, The Internet of Things (IoT) will drive the use of Aircraft Health Monitoring Systems (AHMS).
AHMS will bring with it vast improvements in the analysis and utilization of big data to streamline MRO. AHMS will also reduce maintenance costs through the collection and analysis of data from IoT sensors which constantly measures and calculates things factors like vibrations, speed, pressure data and torque to identity issues before they become a major problem. The other half of the data utilization is to feed the data back into the analytical system in order to prescribe maintenance activities that are designed to provide the best outcome in terms of asset uptime and reliability.
Prescriptive analysis will revolutionize MRO and will allow engineers to not only repair an asset but teach the asset itself to tell you what needs to be repaired, when and how to do it. These two technologies will change the way we look at aircraft maintenance and repair. The IDC predicts that by 2020 more than 50% of all business analytics software will incorporate prescriptive asset management.Just NSN Parts
Here at Just NSN Parts, we have expansive and dedicated array of aircraft and aviation products. If you are interested in a quote, please don’t hesitate to contact our friendly sales staff at www.Justnsnparts.com call us at toll free at 1-714-705-4780.