July 22-26, 2024 | Farnborough, United Kingdom
Farnborough International Airshow 2024
#FIA24
Inspiring demos
Join us on a journey towards reinvention powered by GenAI
What to do when a traditional risk management approach is not enough? Assessing the impact of disruptions quantitatively is key to staying ahead and improving resilience. An Accenture GenAI-powered solution makes this possible.
Empowering engineers with GenAI by making automation effortless, contextual, and continuously improving.
See the benefits of shopfloor automation, virtualization, shadowing, digital quality and GenAI innovation. Discover how our assets redefine quality control, modularization and optimization to propel aerospace production into the future.
GenAI-powered author assist provides analytical superpowers and a huge efficiency boost to any technical authoring team.
Reinventing the pursuit process by utilizing GenAI partnered with company data to reduce labor and increase the probability of a win (Pwin).
Stories to watch
The commercial aerospace outlook is positive as revenues are expected to surpass 2019 levels however supply chain issues persist. To address these, the aerospace companies need to adopt technology-based approach and use of AI and digital solutions.
55%
of executives say they are still relying on time-consuming and cumbersome manual processes for supply chain monitoring, data exchange with suppliers and risk management.
GenAI is transforming aerospace industry unleashing human potential, productivity and creativity. Leaders must embrace GenAI in business development, engineering, supply chain and aftermarket, ensuring transparency and trust through responsible AI.
95%
of aerospace and defense executives agree that making technology more human will massively expand the opportunities.
Emphasizing long-term resiliency, the industry is turning to automation, robotics, and AI enhancing manufacturing precision and safety while reducing non-conformities.
$41B
annually missed revenue growth opportunities due to disruptions in market.
The aerospace industry faces a talent gap with an aging workforce and high attrition. Emphasizing the need for reskilling and acquiring new skills, particularly in AI, is crucial for adapting to technological advancements and retaining talent.
42%
of the aerospace and defense workforce have less than five years of tenure with their current employer.
What else can I learn?
Who attended Farnborough this year
John Schmidt
Senior Managing Director – Aerospace & Defense, Global
Julio Juan Prieto
Senior Managing Director – Aerospace & Defense, EMEA
Tobias Geissinger
Managing Director – Engineering Services, Aerospace and Defense, Global
Brian York
Managing Director – Technology, Aerospace and Defense, Global
Nick Taylor
Senior Managing Director – Technology, Cloud First, Aerospace and Defense, UKIA
Joyce Kline
Managing Director – Strategy and Consulting, Data and AI, Aerospace and Defense, Global
Eduardo Mozas
Managing Director – Industry X, Supply Chain, Aerospace and Defense, Global
Veronique Rollin
Managing Director – Strategy and Consulting, Manufacturing, Aerospace and Defense, Global