Q AW: How would you characterize the aerospace industry's maturity compared to other manufacturing sectors when it comes to the digital transformation? A Cordner: When it comes to product capability, testing and monitoring, the aerospace industry has been on the forefront of digital transformation for decades. But because aerospace is such a low-volume industry with long product lifecycles, often 30 to 40 years, the transference of those capabilities into manufacturing, supply chain and financial processes has been much lower than many other sectors, such as high tech and automotive. Aerospace has perfected the art of managing outcomes instead of inputs. Digital transformation requires accurate process inputs, high levels of standardization and synchronized processes. These are not traditional areas of high priority in aerospace.
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