Rolls Royce says half of its £14.6bn revenue came from analytics and maintenance service last year.
Singapore Airlines has inked a five-year deal to use Rolls-Royce’s big data analytics to reduce fuel consumption across its fleet.
The UK engine manufacturer is providing analysis tools to the airline through its TotalCare civil aerospace product, which offers engine management and maintenance software.
Singapore Airlines has signed the deal for 137 aircraft - Airbus A330, A350 AND A380 which are all powered by Rolls-Royce Trent engines.
This includes VisiumFUEL, which analyses data from on-board system monitoring, flighting planning, operations control and engineering systems.
Rolls-Royce has changed its traditional engine manufacturing and distributing business to a service model, essentially licensing engines to airlines to maintain a perpetual revenue similarly to a software company.
It claimed it can cut firm’s fuel consumption- an expense that usually accounts for 40 percent of an airline’s operational costs - through its predictive analytics.
The firm has used big data techniques involving HPCs to compute models to manufacture jet engines for several years now.
The firm says half of its £14.6 billion underlying revenue came from its ‘aftermarket services’ stream.
This article has been extracted from http://www.computerworlduk.com, please click on this link to read the article in full http://www.computerworlduk.com/news/data/rolls-royce-provide-airlines-with-fuel-efficiency-data-analytics-3618027/
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