Aerospace Production: Digital Transformation Picks Up Steam
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July 23, 2018 - by Scott Hamilton for Leeham News.
Farnborough: Digital technology, Blockchain, Artificial Intelligence, Digital Thread and Digital Factory technologies continue to gain momentum for aerospace production as companies throughout the supply chain strive to cut costs.
The consulting firm Accenture, in advance of the international air shows in Paris or Farnborough, identifies that it sees as the key stories that will come out of the show.
Accenture was on target for Farnborough.
Indeed, the show was low energy, with fewer orders than many past shows. The largest orders came from that ubiquitous company, Unidentified (though more than 200 airplanes are believed to be destined for China).
Some companies sent smaller delegations or didn't come at all.
The headline out of United Technologies was about digital. It was just one example of the digital stories at Farnborough this year.
LNC and I have talked throughout the last year about production transformation in the drive to lower costs, gain efficiencies and through automation address the increasing scarcity of the workforce pool.
John Schmidt, the global managing director for Accenture's global aerospace practice, said the five themes named above also strive to improve product quality, security of product delivery, identify potential production issues and improve parts tracking and identify potential production anomalies.
"We move to...