TECH TALK
have your IT person set this up for any key systems. There really is no excuse not to for any business which depends upon records retention.) Costs for software applications do
not drop so readily though, but their feature sets typically grow with industry needs. Application vendors have much higher costs than those who operate large server farms (Google, Amazon, Microsoft, etc.) which many cloud computing vendors depend upon.
DATA IS PRICELESS For the most part, the majority of Internet-based companies have their valuations completely based upon the value the market prescribes for the data they gather, analyze and utilize to provide some sort of service we fi nd useful. Where would Google be without gathering all of our searching or
browsing activities, or Facebook without knowing all of your likes, dislikes, wants, desires, which cat videos you enjoy and in some cases, everything you do? This brings me to addressing the title of this article. As two key examples of this, Boeing buying AerData and GE buying AirVault, illustrate why big metal-bending companies see value in owning companies that handle key aviation records information. Not to bore anyone with obvious information that most readers of an aviation magazine would know, but hardware OEMs recognize revenue primarily when aircraft, engines or spare parts are sold (although they are all trying to expand further into aftermarket activities). Being able to not only acquire continuous revenue streams from
CITATION | LEARJET | KING AIR | HAWKER | BEECHJET | CESSNA 400 SERIES | PLUS MANY MORE Before
managing aircraft records is attractive, but, the larger end game is what they can learn from such data over time. The aircraft OEMs have always wanted more data from airlines and operators, and are able to acquire for the most part in diff ering ways, but, via online platforms such as AirVault, this makes this task may potentially be so much easier. Now, many of their customers
FAA/PMA approved replacement windshields, side cockpit and cabin windows.
1 Year Warranty on parts and labor if we install!
On Site Professional Installation Available – Before
After
Heated Windshield Delamination Repair
Before
Heated Windshield Delamination Repair
17304_Perkins_Poster.indd 1 After 50
DOMmagazine.com | aug 2017 AFter We buy heated windshield cores
Heated windshield and side cockpit delamination repair. PERKINS AIRCRAFT WINDOWS
2600 S. Cherry Lane, Suite 162 | Fort Worth, TX 76116 800.880.1966 |
sales@perkinsaircraft.com |
www.PerkinsAircraft.com 4/16/15 3:11 PM
provide digital aircraft records management providers with a snapshot of their entire aircraft operation in a concise format. Once the ATA and IATA and other industry groups are better able to standardize on data formats for all types of processes, the value of the digital aircraft records companies will grow due to their ability to process it, and do something more useful with it, ala Google and Facebook. No more data ‘trapped’ in static formats such as PDF (which requires much work to actually scrape the contents off of, and creates issues for software trying to extract from such fi les) or image fi les. These are just ‘electronic paper’ and not truly digitized. The OEMs apparently see this, and some of them are taking action publicly with such buyouts. But how long before you have a Google or an Amazon move into the aircraft records management business? Or one of the large fi nancial institutions, due to their growing skillset with blockchain-secured data handling? I would not be surprised to see one of the large Internet companies, or some of the smarter fi nancial companies either team with or buy into the aviation data market. In fact, the aviation industry could benefi t from having a data specialist company swoop in and fi nd a way to better manage the ever-expanding reams of data being generated. Can you imagine how Google may be able to package the resulting data analysis which it would sell back to
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68
