Previously, any such business ideas relating to Big
Data were hampered by high costs of wireless data communications (especially sat-com related), and data storage costs. But, these factors are ebbing away, since it is nearly free to store large amounts of data due to cloud computing advances, and in-fl ight communications costs have been dropping as new capabilities enter the market. Non-essential data can be more easily transmitted off -aircraft once on the ground at a very low cost. The software applications to manage large amounts of data are constantly changing and becoming more mainstream.
ALT
You asked. We acted. In the mid-1980s, new surplus aircraft parts were
abundant throughout the industry. As business flight missions changed, operators would switch aircraft, leaving spare parts for their former aircraft taking up valuable storage space. Then Duncan Aviation president Robert Duncan heard operators comment about this waste of money and resources. In 1984, he acted and formed the Aviation Parts and Communications division (AVPAC), which gave operators a way to consolidate their inventories and consign those parts worldwide. More than 30 years later, Duncan Aviation still
provides operators with parts and rotables services that include consignment, parts location and 24/7/365 AOG services. And we still listen to customer wishes and respond by developing and providing experience, unlike any other.
DATA DATA DATA Many aviation fi rms are already handling a growing around of maintenance and life cycle data, let alone managing electronic records, for many years now, but this is merely a tip of the iceberg. Many of these fi rms are not able to fully process the data they are currently receiving, which means that any optimization gains received from receiving Big Data are not being realized (yet). With the movement to ever-smarter aircraft and components, the deluge of data will overwhelm many operators and MRO centers. New service providers will emerge to help with this. The parallels of aviation being introduced to large data
gathering processes is nearly the same as the early days of Google, where it took many years, and many re-designs of the underlying software to the not only the search engine itself, but also the data gathering, sorting and analysis engine that powers this company. In the early days of Google, its founders concentrated their eff orts on developing algorithms for software which ‘spidered’ websites, and then optimized how people would be presented with the results of their search requests. This allowed Google to sell more ads to companies, since they had a better means to present targeted ads to consumers who were searching for specifi c information, and were able to attract more advertisers due to this. A multi-billion dollar company emerged in a few short years from simply fi nding ways to collect and sort large amounts of data, and charge a premium to reach the right audience. The FAA should take note of this…
NO, THE FAA WILL NOT BECOME
www.DuncanAviation.aero/60
THE NEXT GOOGLE But it can become a profi table data source, serving up near-real-time data (some value to this, especially to travel- related companies) and large amounts of sorted historical data (quite possibly a gold mine to aerospace/aviation manufacturers, operators and third-party service providers). Very few people predicted the rise of Google, and this is why the FAA could surprise us in due time.
Experience. Unlike any other. 20
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