One of the world's most prominent and influential sectors, the aerospace and aviation sector primarily serves five markets. These include commercial airliners, missiles, general aviation, spacecraft, and military aircraft. Commercial air travel is expanding steadily and strongly, particularly in developing countries. With an estimated 14% annual growth rate, it is one of the industries with the quickest growth. Maximizing fuel efficiency is also urgently needed, thus, aviation and aerospace businesses are using AI and Big Data to analyze and foresee the areas that need the greatest attention.
Various factors, including sustainable practices, have prompted the adoption of cutting-edge tools and techniques for constructing, and repairing both commercial and military fleets. Undoubtedly, as this industry develops further, advancing technology, electric propulsion, and new, intelligent materials will bring about additional change, and create new opportunities.
The aviation and aerospace sector is expanding to fulfil enormous, continuously increasing demand while reaching new heights with cutting-edge tactics and solutions as aircraft systems become more complex.
In this edition of APAC CIOoutlook, we present the list of the Top 10 Aviation Tech Solutions Providers - 2022. TIK Systems is one of the prominent aviation tech solution providers in the region. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs— Enea Fracassi, Chief Operating Officer, Corsair International; Scott White, Senior Manager Strategy and Business Development, Airbus in Australia Pacific; Friedrich- Wilhelm Menge, Chief Technology Officer (CTO), The German Air Navigation Service Provider DFS presenting their views and opinions on how organizations can incorporate changes in the aviation industry. We hope the valuable insights from industry thought leaders and the aviation tech solution providers featured in this edition help you make informed decisions for your organization.