Gartner says advanced analytics is in the Top 10 to watch in 2010
Gartner describes advanced analytics as ‘Optimization and simulation using analytical tools and models to maximize process and decision effectiveness by examining alternative outcomes and scenarios before, during and after process implementation and execution.’
We think this is a perfect description of Aerogility and the benefits that it offers the aerospace and defense sector.
Anyone involved in aircraft fleet readiness and sustainment knows that their decision making is a range of finely tuned trade-offs. Managing the availability of aircraft and achieving higher levels of fleet readiness is like balancing on a tightrope. Aftermarket managers must balance complex engineering programs, MRO utilization and a range of other factors, while ensuring that the fleet is available at the level agreed with their customer.
Analyzing your data can always provide insights, but the big challenge is that the aftermarket is a dynamic problem – changes in operational usage, engineering performance and emerging technical requirements can mean that what happened last year won’t necessarily tell you what will happen next year. The ability to simulate how your decisions may play-out in future is critical to understanding the decisions and trade-offs you make today.
Gartner go on to report ‘The new step is to provide simulation, prediction, optimization, and other analytics, not simply information, to empower even more decision flexibility at the time and place of every business process action. The new step looks into the future, predicting what can or will happen.’
Gary Vickers, Aerogility Business Development Director, said, “We were very pleased that Gartner have identified the importance of this technology. We have been promoting the benefit of predictive scenarios and comparative simulations for several years. It is a vitally important capability in the aviation aftermarket because maintaining fleet readiness is so complex and dynamic – and getting a fleet management decision slightly wrong can have huge repercussions in terms of costs and aircraft availability.”