Information Services and Analytics: 2017 - 2026
Within the information services market are solutions to generate, analyze, and share data. Solutions range from flight navigation software to aircraft health management systems. The ten year market is forecasted to be $350B growing at 4.1 percent annually.
As MRO is streamlined, Boeing forecasts that customers will invest in information services. Asset health management and predictive maintenance are leading change in the information services that commercial and government users are buying to improve their productivity and efficiency. When integrating Internet of Things (IoT) with cloud computing, advanced sensor technology, wearables, and advanced imaging more than just data is created; improvements to operational performance and decision making is created. Supply and network optimization and enterprise resource planning (ERP) solutions will make it easier to purchase materials and minimize inventory levels.