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Given recent developments in the global economy due to Coronavirus, this once stable industry has been thrown into turmoil. And with price transparency, deregulation, and fluctuating fuel prices on the cards, competitivity amongst the crisis is set to curate a cocktail of issues for this sector.
But we have the remedy.
Whilst the aviation industry has always relied on up-to-date technology and has even been a vital force is leading the world in digital-terms, failing to keep up with it threatens the existence of your business.
Turbulence is forecasted - strategy is a necessity.
Aviation has always relied on the latest technological innovations - and it's driven it, too. But this isn't to say that the sector doesn't require the overhaul expected of less digitally-driven industries.
Research and Development is infamous for taking many years to complete, but together with technologies that can provide data-driven insights into your business and its customers and reduce the time taken to design and develop products, you can streamline the entire business. And thanks to the latest changes in the wider economy for the leisure and travel industry, commercialisation and innovation need to be met with higher standards of efficiency.
Moving fast in a digital manner might seem unnecessary for such a quick-paced industry, but staying ahead is a constant process. Complying with the Civil Aviation Authority also complicates the picture.
By bringing together your vital production and the all-important customer, we can frame your business in a whole new light.
Whether you're running an airline or perform aircraft leasing, your daily operations are by no means a simple feat. In fact, the challenge behind keeping the aviation sector up in the air is down to one thing: meeting the customer’s expectations and keeping them happy. At the fore of achieving this for your business is sourcing an operating model that aligns your best practices with your customers, and this pivots on a data-driven approach.
By bringing together the complex amalgamation of data between customer service agents, airport colleagues, and those mid-flight, meeting the customer’s needs at each and every stage of the buying and travelling process can be achieved.
On top of this, airlines are fuelled by immense volumes of data that can be far too much to cope with at one time, especially when being translated for the customer. Monitoring and controlling it via operational models is key.
Director of Technology, Simply Brands
For those with an ear to the ground, our services carry out a Digital Transformation.
A Digital Transformation rethinks how you manage your employees', your clients' and business’ data, and how you carry out your business operations. Or, in simple terms, a DT is the technological revamp your business needs to stay competitive.
The aviation industry has always stationed itself as unique, bridging together technological innovation and the need to satisfy and protect customers at all costs. But it’s the dual-focus which confirms that the sector is due an intense digital transformation via our aviation consultants.
This starts with technologies devoted to that all-important communication within the airline industry. In fact, this is where the future of the industry pivots around, ensuring you can find security in the lack of stability, and streamline complex business processes with digital solutions for the entire supply chain.
However, recently analytics, automation, the cloud, and the Internet of Things - that is, the latest innovations devoted to a wide range of sectors - have been integrated into the industry’s technological range.
Assume that your competitors are already versed in this digital technology; plotting your next move will cost you time. Digitalisation won't just bring you up to speed, it will also encourage the future evolution you need to keep up the pace.
SOURCE DATA-DRIVEN INSIGHTS
Your customers should never be reduced to a statistic, nor should they ever be - but using data-driven insights to tap into their exact desires is far more effective than labelling them with a code, ensuring you can personalise the best experience.
TEST PRODUCTS AT PACE
As with all leisure-focused sectors, the chief perspective looks at the customers’ satisfaction. By ensuring your products will satisfy your customers, you can be sure to score sales thanks to high-speed insights from data.
At the world around your sector changes, altering your aviation company to grasp a hold of relevant business operations is key. Detect the exact products and services your clientele expects, and fine-tune your business’s innovation via data-driven insights.
VIA BUSINESS MODELS
At the centre of your business' digital transformation is one thing: your business. Technology might be the future, but it starts with our airline clients' business models.
Innovation might be the buzzword of the the 21st century, but taking the steps to put it into place is no simple feat. Your production, supply chain, and customer-based communication needs to be considered.
VIA YOUR BUSINESS’ GROWTH
No one can predict the future - but you can bet that thriving demand is certain to be forecasted in your business'. Drive growth via far-ranging technology.
PREPARE FOR EVOLUTION
Coronavirus has thrown the industry into contention. This is not a small blip in the sector - this is a mountain only innovation can tackle. It’s time to rethink technology, and never stop rethinking it.
DIGITALISE YOUR MILITARY PRECISION
Problems can arise on either side of the supply chain. No matter how big, nor small, issues can throw your business into chaos. Plant technology into the root of all your departments, and source issues before they arise.
STAY CLOSE TO YOUR SUPPLY CHAIN
Collaboration is essential to the aviation industry - and every other sector currently operating. The supply chain must be a part of this, too, to guarantee customer care from the airport to up in the air.
+ What is the aviation sector?
This industry is comprised of all businesses that encompass all aspects of air travel and the other activities that contribute to it. This includes airlines, aircraft manufacturers, researchers and specialists, businesses involved with military aviation, and businesses that produce drones.
+ Is the aviation sector growing?
The aviation sector in recent years has continued to soar, but as a result of the Covid-19 pandemic all industries involved with travel have suffered greatly. Jobs have been slashed, flights cancelled, and profits fallen. The future of aviation after the pandemic is difficult to ascertain, but it is predicted that customer-centric safety will be the focus of it.
+ What is the future of the aviation sector?
The aviation sector currently relies on meeting customer needs from check-in to up-in-the-air. This rests on big data from a variety of sources. Analytics are a necessity for the clientele, and automated manufacturing processes are essential for the production of the planes or related products.
+ What are the trends in the aviation sector?
The future that lies up ahead for the aviation sector is not clear. But the pre-Coronavirus trends are forecasted to continue after with much-needed acceleration. This includes a passenger focus, artificial intelligence, sustainability, and virtual reality to cement a customer-relationship with added ease and data analysis.
+ Is the aviation sector cyclical?
As a result of airlines’ leverage, this sector has historically been cyclical with sharp rises in demand and even sheerer falls periodically just like the aerospace and defence sector. However, according to some economists, the sector is counter cyclical.
Taking things technological might seem a challenging feat set to put your troops through their paces, but with Lolly Co at every step of the way, navigating the new territory need not be difficult. In fact, with our United Kingdom-based tech-team assessing your business’ exact needs and walking you through each step, you don’t need a map, either! But, if you do fancy finding your way around tomorrow’s business technology, you can start here.
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