Redefining products in the commercial aviation space: the next generation of “Power-by-the-Hour”

by   |    |   3 minutes  |  in Aviation & Defense, Business Technology, Digital Transformation, Research, Service Management, Strategy

The fundamental shift from selling products to guaranteed outcomes has been aided by exponential technological growth over the last ten years. The concept of “Power-by-the-Hour” was invented by Rolls-Royce in 1962, which means it has been in play in the commercial aviation industry for more than 50 years. This program has reshaped the relationship between…

Read more

by   |    |   4 minutes  |  in Aviation & Defense

BRICS nations have an opportunity to assert themselves on the global stage and are looking to invest in their armed forces. Defense spending in the BRICS (Brazil, Russia, India, China, South Africa) and other emerging economies shows no signs of abating. Indian military imports are coming up to $100 billion, South Africa is tipped to spend over…

Read more