GE Aviation has launched the Configuration Data Exchange, an offering targeting a reduction in customer maintenance costs by driving asset productivity and MRO optimization.
Announced on Tuesday (November 15), GE said that the exchange connects aviation firms and allows for the digital exchange of key operations, maintenance and configuration data.
This, according to GE, will allow for two-way asset data flow between airlines, MROs, lessors, OEMs and component brokers, working agnostically to various IT records.
GE identified “disparate maintenance and engineering systems across the industry, as well as millions of paper and PDF records” as barriers to reducing operating costs and improving asset utilization.
“While capturing and processing aircraft sensor data and fault codes have been performed for years, there is a considerable information gap with respect to maintenance, repair and installed configuration data,” it said in a statement.
Jim Daily, GE Aviation’s vice-president and chief digital officer, said: “There are major inefficiencies in the management of data generated within our industry.”
Daly continued: “Through Predix, the Configuration Data Exchange will bring disparate systems together to provide future insights and will help to reduce the $4bn annual spend on manually managing data within airlines.”
In order to bring the offering to the market, GE confirmed it had partnered with IT consultancy Capgemini, which will provide implementation services.