The global aerospace market is foreseeing a growth of $352.5 billion by 2023. The major drivers for this growth are increased aircraft size, high replacement rate, and the constantly changing security programs that force companies to embrace new technologies on and off the ground in planes. Yet, in recent years, aerospace industry has suffered fatal difficulties in the execution of major programs.
With rising challenges in operational costs, lack of infrastructure, Maintenance Repair and Overhaul (MRO), value chain and many others, IT departments within aerospace today must do more than just send, receive and store communications.
Adding to these, there is a requirement to upgrade tools for designing, procuring, manufacturing, and supporting aerospace products. With workflows being digitized and contemporary The companies featured in this list showcase extensive business process knowledge, integrated and innovative strategies combined with talent base across locations. A distinguished panel comprising of CEOs, CIOs, CTOs, and analysts including CIO Review editorial board has selected the final 20.