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The MRO Market: Today and Tomorrow

MRO Market Opportunities – Industry Report: The commercial air transport MRO market is growing at a high rate, with total spending expected to rise to$114.7 billion in the next 10 years from $77.4 billion in 2018 – a growth of 48%; the expansion is back-end loaded towards the end of the 10 years. Read more…

How Repair Engineering Solutions by Engineering Services Companies help MROs improve TAT

Aircraft fleet size around the world is set to more than double, to almost 48,000 by 2040. The aircraft and engine MRO market is expected to grow at a CAGR of 3.8% during this period, and market demand is likely to reach $109 Billion. MRO companies and OEMs always endeavour to turn around aircraft and

Enabling Aircraft OEMs to Deliver Top-quality Products Faster

Recent reports from leading aircraft manufacturers indicate that aircraft fleet size around the world will double in the next two decades. The demand for new aircraft, including replacements, will be more than double during this period. OEMs in this industry are facing order backlog, and are working to overcome the challenges for on-time delivery while

IoT in Action: Discover New Business Opportunities with IoT

A team of experts from Quest Global, an engineering services provider, participated in IoT in Action, a flagship event series by Microsoft. Quest showcased its AI-driven vision analytics platform, ThirdEye, a comprehensive artificial intelligence-powered platform that leverages image analytics on the edge/cloud. With the ThirdEye platform, Quest enables customers to maximize the advantages offered by

Cockpit to Corporate – Lessons on People Leadership

Today, the business world is strife with cut-throat competition and a “grow or perish” environment. Therefore in business too, WAR-like strategy, planning, and execution are pivotal. From the strategy for gaining customers and growing, to winning the war for talent, to retention of talent and keeping them engaged through various measures. Many lessons can be learned

Energetica India | The Need for Speed and Safety – Digital Substation

Manoj Vivek and Inbu Raja EK writes about how digital substation facilitates a bi-directional flow of information between power consumers and grid for better data management control in an article published by Energetica India.

5 Design Standards for Interoperable Medical Imaging Devices

Over the years, healthcare delivery has undergone a paradigm shift. Stand-alone devices and hardcopies of medical reports & images have given way to connected, digital devices. Through digital transformation, healthcare industry has been able to improve patient care, reduce errors and adverse events, provide better diagnosis, lower costs and most importantly enhance innovation. Arguably, interoperability

Digital Oilfields – Exploring New Possibilities for a Better Future for the Oil & Gas Industry

Undergoing a massive transformation, the Oil & Gas industry has welcomed the digitalization wave unswervingly. As is the case with almost every other industry that is going through the imminent digital transformation, there is no denying that this industry is also driven by a very powerful combination of embryonic technologies such as cloud computing, Artificial

Digitalization Paves the Way for Smarter Power Plants

With each passing day, digitalization ensures a pretty positive impact on virtually every sector. The power plant division happens to be no exception. Digital transformation can do lot for the power plant sector. As the demand for electricity and renewable energy increases, the traditional methods that are followed in the conventional power plants won’t suffice

How Could Real-time Data Analysis Optimize Aero Engines?

The conceptual design of an aero gas turbine engine is quite complex. Just to arrive at the engine configuration, a multi-disciplinary study of aerothermodynamics, heat transfer, material technology, component design, and engine controls is needed. However, coupled with the aero engine’s super-quick data-analysis software capabilities, the present technology trends are constantly aiming at revolutionizing the