Big Data in the Aerospace Industry

Badea, Victor Emmanuell; Zamfiroiu, Alin; Boncea, Radu

doi:10.12948/issn14531305/22.1.2018.02

Cited by 30 publications

(11 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In terms of volume, the growth of data created by airline businesses has always been rapid, from a byte to a massive quantity produced per minute with the inclusion of diverse and numerous data sources including booking, advertisement, fuel, flight route, etc. [34]. In terms of velocity, a large volume of airline data is generated, and it is important that it be reviewed, evaluated, and processed rapidly, with a linkage to previous data used to predict the outcome based on the airline businesses' capabilities [4,35].…”

Section: Web Analytics Importance In Airlines' E-commercementioning

confidence: 99%

The Effects of Cryptocurrency Trading Websites on Airlines’ Advertisement Campaigns

Σακάς

Giannakopoulos

Reklitis

et al. 2021

JTAER

View full text Add to dashboard Cite

In future years, airline companies will be leaning more and more towards cryptocurrencies to implement their digital marketing strategies as leaders seek to gain an understanding of the factors affecting airlines’ visibility parameters. Cryptocurrency investment websites are currently experiencing rising demand, making them an appropriate site for paid advertisements. The above factors suggest the need for airlines to harvest cryptocurrency investment and platform users in their favour. To this end, it can be beneficial for airlines’ web promotions to link certain web analytics metrics to cryptocurrency trading site metrics. For research purposes, web analytics data were monitored and gathered for 2 consecutive years from 10 globally leading cryptocurrency trading companies and 10 airline websites. A three-stage model was adopted by the authors. In the first stage, statistical analysis was implemented using cryptocurrency and airline metrics, followed by fuzzy cognitive mapping and agent-based modelling stages. The findings of the study indicate that engagement with cryptocurrency trading websites has a positive impact on airline websites’ global ranking and visibility parameters. The outcomes of this research provide noteworthy digital marketing strategies which can be addressed by airline companies to increase their website visitors and optimise visibility parameters with the assistance of cryptocurrency trading websites.

show abstract

Section: Web Analytics Importance In Airlines' E-commercementioning

confidence: 99%

The Effects of Cryptocurrency Trading Websites on Airlines’ Advertisement Campaigns

Σακάς

Giannakopoulos

Reklitis

et al. 2021

JTAER

View full text Add to dashboard Cite

show abstract

“…Advanced data analytics techniques enabled airlines to engage in more accurate realtime customer intelligence which in turn improves personalized marketing and price discrimination (Knorr, 2019). The most important practices of big data analytics in airlines are predictive maintenance that aims to reduce costs and minimize maintenance (Badea et al, 2018). Improving customer interaction and revenue management is the motive for using big data (Chen et al, 2017).…”

Section: Applications Of Big Data In the Airline Industrymentioning

confidence: 99%

Big Data Analytics in Airlines: Opportunities and Challenges

Mohamed

Al-Azab

2021

Journal of Association of Arab Universities for Tourism and Hos

View full text Add to dashboard Cite

Big data refers to the huge amounts of information in the structured and unstructured form that cannot be processed using traditional data systems. Big data technology facilitates the utilization of high volumes of external and internal data to create new products, services and improve business operations. In the era of big data, airlines can provide services that are more satisfying to customers and to stay competitive in their fierce marketplace. Airlines can reap many benefits from big data, but many challenges still remain. This study illustrates how airlines successfully adopt big data technology. The paper also explores the opportunities and challenges of big data in the airline industry. Based upon the qualitative approach, 27 semi-structured interviews with employees and experts at airlines in Egypt were conducted. The findings reveal that big data has a great importance in providing broad opportunities for airspace management, enhancing flexibility in dealing with each passenger, boosting problem solving, supporting decision, providing safe flights, boosting predictive maintenance, and improving performance. The findings illustrate a range of challenges that airlines may face when dealing with big data, such as shortage of qualified human resources, absence of data-driven culture, dealing with and processing huge amounts of data, as well as data privacy and security issues. Finally, implications for practice as well as future researches are discussed.

show abstract

“…The phrase "Big Data" refers to the development and application of technologies that offer the appropriate user with the right information at the right time from a massive amount of data that has been expanding exponentially in our society for a long time. The issue is not just dealing with fast expanding data volumes, but also handling more varied forms as well as increasingly complicated and interlinked data [35]. Simulation -as expected, simulation is up there with the most important innovations and techniques of Industry 4.0.…”

Section: Big Data Analyticsmentioning

confidence: 99%

Impact of Industry 4.0 on Aerospace and Defense Systems

Tabaković

Duraković

2021

Defense and Security Studies

View full text Add to dashboard Cite

The aim of this article is to address key features and the wave of new technologies that Industry 4.0 brings to Aerospace and Defense Systems. This research paper enthusiastically depicts what the future of the Aerospace and Defense industry could be while also providing information about those braves enough to already step into the world of all around digitalization. With this approach, the aim is to interconnect every step of the operation towards creating a mostly perfect environment which cuts off any human mistake and guarantees increase in revenue stream and customer satisfaction. The main method of implementation of Industry 4.0 to many industries is digitalization. Digitalization is the digital upgrade to any company or industry which, when applied correctly, guarantees nothing but success in revenue streams and customer service. This process is a complex blend of many modern technologies and implementing such a hefty upgrade might be problematic to those who have been surviving on very old business models for tens of years. Industry 4.0 is a fast-changing environment and those who are quickly adapting to this wave of change are setting themselves for success. The primary goal of this research paper is to provide an insight into the world of technology Industry 4.0 offers and how that technology could help Aerospace and Defense create a portal to the future.

show abstract

Big Data in the Aerospace Industry

Cited by 30 publications

References 1 publication

The Effects of Cryptocurrency Trading Websites on Airlines’ Advertisement Campaigns

The Effects of Cryptocurrency Trading Websites on Airlines’ Advertisement Campaigns

Big Data Analytics in Airlines: Opportunities and Challenges

Impact of Industry 4.0 on Aerospace and Defense Systems

Contact Info

Product

Resources

About