Asset Management

Technology Prowess at The Paris Air Show

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As a technological and aviation enthusiast sitting in the grand stands today at the Paris Air Show in Le Bourget, it’s easy to be overwhelmed by the rate of change and progress the aviation industry has experienced as a result of technology advancements. The ability to send teams into space and collect data from planets billions of miles away, as well as capturing, transmitting and analyzing this data is a process achieved very easily – and it should amaze all of us.

Advancement of technology and the adaption of mission’s tasks

This and many more achievements are directly attributable to the advancement of technology coupled with the adoption of a mission’s tasks. What we are achieving – in practice and with future planning – were only ideas on a scratch pad twenty or thirty years ago. Today, this rate and pace of change and progress happens at a faster pace, yet still requires the same level of engineering, planning, and execution.

Twenty years ago in 1997, the Sukoi SU-37 Terminator offered incredible flight versatility and mission support from level flight to vertical take-off and landing – something that was only thought of but made possible in fighter form from Sukoi. Both of these advancements are a testament to the learning and continued perfection of flight and systems. But these systems had to have a benchmark and a place to begin. Engineers and designers needed to capture the basic and first configuration management of the initial design in order to build each of these multi-million dollar investments.

Changes in investment models driving change

Today, the regular use of leasing systems or aircraft has driven financials from a capital investment to an operating investment. This investment requires new tools and capabilities to manage the financials. Typical operating leases have the accounting and legal teams involved but rarely the operating teams of flight operations and maintenance. The configuration management and lease compliance can cost the operator and eventually the lessor because of delayed lease returns million.

Mitigate exposure and cost with Maximo

Maximo for Aviation Lease return capabilities help the operator mitigate exposure and cost when it comes to final return and configuration compliance. The Lease Return component of Maximo for Aviation provides a cost comparison through task cards and resources, of either doing the non-compliant work or just paying the penalty and move on.

Maximo and Maximo for Aviation have the capability then and now to manage the required steps and configurations and changes of the build to be supported over the life of the operation of the assets. Whether we are managing unmanned systems, aircraft of fixed and rotor wing or submersibles, Maximo for Aviation can provide a life cycle of configuration.

In 1997 we were astounded at the capability of the Sukoi SU-37 Terminator. In 2017 we are in awe of the Lockheed Martin F-35. Both need configuration management. Both need Maximo for Aviation.

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