Periodic Reporting for period 1 - WISE (WISE – Wide Instantaneous Support Equipment)
Okres sprawozdawczy: 2015-02-01 do 2015-07-31
In the current market organization, aircraft structural repairs require on-site specialized expertise. As experts are not available in every airport, they often have to be flown on site and this creates costly delays. Instead of physically moving the experts, WISE proposes to bring expert assistance to the on-site teams through an advanced augmented reality communication system. Any maintenance site will then be able to benefit from a cumulated expertise which provides better results than any individual expert and avoids the added inconvenience of delaying the repair. Air flight security will subsequently be improved and costs reduced.
In the course of this feasibility study, a series of technical validation tests were conducted and several technological choices were analyzed in order to select the most efficient means to answer the specific demands of the project. The various potential choices that were first considered finally converged towards a unique vision of WISE’s design and a consensus over the way to implement it.
Simultaneously, a thorough refining of the business plan was carried on ranging from a financial analysis to a projective study of the commercialization process and the expected return on investment. The business model evolved progressively with each of the choices into its final form that responds to our company’s functioning model and enables us to answer the demand.
In parallel, a survey was sent out to various international aerospace authorities to serve as a validation basis for the project’s main assumptions and the study’s conclusions. Interviews were also conducted with key clients thus giving us feedback from France, Australia, Turkey… We were thus able to carry out an estimation of the proposition’s value at each point of the feasibility study by comparing the customers’ needs and potential gain to the solutions that the WISE system can offer.
This approach not only confirmed the main hypothesis that was set in this project’s proposition but also contributed to mature the project’s definition in response to the three considered axes: technical, financial, and market based. Demand for the WISE project was expressed and defined, technical choices affecting the design were considered and selected, and a strategy was elaborated to answer these two affecting aspects.
Simultaneously, a thorough refining of the business plan was carried on ranging from a financial analysis to a projective study of the commercialization process and the expected return on investment. The business model evolved progressively with each of the choices into its final form that responds to our company’s functioning model and enables us to answer the demand.
In parallel, a survey was sent out to various international aerospace authorities to serve as a validation basis for the project’s main assumptions and the study’s conclusions. Interviews were also conducted with key clients thus giving us feedback from France, Australia, Turkey… We were thus able to carry out an estimation of the proposition’s value at each point of the feasibility study by comparing the customers’ needs and potential gain to the solutions that the WISE system can offer.
This approach not only confirmed the main hypothesis that was set in this project’s proposition but also contributed to mature the project’s definition in response to the three considered axes: technical, financial, and market based. Demand for the WISE project was expressed and defined, technical choices affecting the design were considered and selected, and a strategy was elaborated to answer these two affecting aspects.
The WISE process proposes a business model that aligns with the clients' best interest.
Besides the obvious added value it has on improving a repair's quality and insuring operators' safety, it also allows economic gain for both the providing company and the client.
Reduced aircraft downtime translates into higher value for producers, airliners, and subsequently to clients.
As for the implementation of the concept, it will require the hiring of skilled developers, technicians, and operators.
Thus, it will grow the company's numbers and positively impact its subcontractors in the same way.
Besides the obvious added value it has on improving a repair's quality and insuring operators' safety, it also allows economic gain for both the providing company and the client.
Reduced aircraft downtime translates into higher value for producers, airliners, and subsequently to clients.
As for the implementation of the concept, it will require the hiring of skilled developers, technicians, and operators.
Thus, it will grow the company's numbers and positively impact its subcontractors in the same way.