The escalating demand for air travel, massive backlogs of new aircraft orders and a gradually resurging business jet sector, portrays a stronger outlook for the industry. However, under the banner are signs that the industry is undergoing a shift that will witness significant consolidation within areas of the supply base and downward pressure on profits as the original equipment manufacturer (OEMs) ramp up production of increasingly advanced platforms. Crafting strategies and techniques to utilize existing IT infrastructures and advance technologies like cloud and artificial intelligence, while maximizing support from external vendors, is key to developing future-proof IT platforms. These platforms will then be capable of supporting the business and its growth opportunities.

Currently, the aerospace industry conjures pictures of massive technologically advanced companies breathing life into engineering that are capable of zooming across the sky. These companies are continuously bringing in upgraded operational efficiency, advanced avionics and impressive interior cabin designs and noise reduction capabilities, driving increased customer demand. At the same time, utilization of advanced manufacturing technology and conversion to new electrical systems by these companies are swiftly transforming the way aircrafts are manufactured. This is prompting the supply chain to make the changes necessary to keep up with aircraft OEM demands.

To speed up the progress, it is important for the industry to share their intellectual properties more openly, move to adapt as many standard manufacturing tools as possible, and engage with software vendors as strategic business partners.

In our selection, we looked at solution providers who have created out-of-the-box solutions that address the unique requirements in the space. A distinguished panel comprising of CEOs, CIOs, VCs, analysts including CIO Review editorial board has selected “20 Most Promising Aerospace Solution Providers 2016”, listing the best vendors and consultants who provide key technology solutions related to aerospace vertical.
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