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Progressive Disintermediation of the Commercial Aviation Industry Ecosystem
ISSN: 0148-7191, e-ISSN: 2688-3627
Published March 19, 2019 by SAE International in United States
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Event: AeroTech Americas
The re-invention of the global aviation industry is well underway. This dramatic change is being achieved through the use of emergent technology to facilitate a progressive disintermediation of traditional aviation business solutions and services. This progressive disintermediation will continue unabated as this technology is adopted and deployed within the aviation industry. The challenge and opportunity is to whom will lead this re-invention and how will it be accomplished. The integrated use of rapidly evolving technology (Blockchain, IoT, Artificial Intelligence, 5G Cellular Technology and Mobile Edge Computing) is facilitating an integrated more industry cooperative approach enabling this progressive disintermediation. The Boeing Company and other industry leaders are challenging themselves and others by embracing this re-inventive opportunity and by cooperatively learning from peer industries, then adapting the knowledge for applicability to the aviation industry to reform or re-define the aviation ecosystem. Boeing has conducted several proof of concepts with these respective technology sets to validate the efficacy of the technology and to establish a baseline understanding of the interoperability opportunity. What if we do nothing? How long can we wait? Three to five years and then the progressive disintermediation of the industry sectors will have formed new ecosystems with transformative business relationships leveraging the integrated capabilities of these five emergent technologies.