The maintenance, Repair, and Operations (MRO) industry has moved relatively slow compared to the other digital transformation arenas. While technology has been embraced to detect damaged parts better or optimize repair processes, maintenance is still human and dependent on touch maintenance. The MRO industry is still almost roughly a decade behind sectors like the pharmaceutical industry and medical devices in terms of technology adoption or automation may be undergoing a shakeup.
According to Globalnewswire report, The MRO market is projected to grow to USD 4.7 billion by 2030, at a CAGR of 14.6%. The increasing digitalization of MRO to increase efficiency and reduce aircraft downtime is the key factor expected to fuel the growth of the digital MRO market. However, limited budgets that restrain the adoption of MRO hurdle the development of this market.
What’s become apparent today is the fusion of new technologies (like AR, VR, AI, machine learning). It is essential for technology leaders in the industry to use different technologies in more innovative ways.
The Rise of Robotics
With significant increases in data availability, pulling from the abundance of sensors present on modern aircraft and better data routers, we’re currently sitting with the building blocks to better processes. However, what is needed is to put this data into play, analyze it, and make predictions for useful variability of processes.
Predictive maintenance, or the use of sensor data to predict maintenance needs in advance, is already helping their maintenance providers anticipate component failure and reduce unexpected maintenance.
Virtual And Augmented Reality
With the rise of Augmented Reality, technicians would use smart glasses to see overlays of necessary service or repair points. In some cases, instructions and diagrams would be readily accessible. Technicians can view these diagrams through tablets or smart glasses to have better comparisons of products.
Moreover, reporting is enhanced with the introduction of Augmented Reality and lesser human involvement. This will eventually increase reliability and effectiveness in different operation arenas.
Real-time superimposed digital information is more advantageous due to fewer human errors, faster execution, fewer breakdowns, higher compliance, and increased profitability.
Bots And More
The era of hands-free computing is here. From Bots to Gesture-based computing powered by mixed reality, the future holds unimaginable scope for interactive communication between humans and the virtual world.
Powered by Artificial Intelligence (AI) and Natural Language Processing (NLP), Bots act as assistants for any blue-collar jobs in MRO and provide an unparalleled engaging experience for users to complete simple, repetitive tasks. It’s a zero UI (user interface) concept where users can use their mobile phones and other devices to chat and get intelligent responses to questions concerning maintenance and operations. The objective for bots is to move towards zero UI, not only through capabilities such as gesture computing but also by offering platform-independent capabilities.
With paperless maintenance, organizations are not only saving paper, time, and money; but also accelerating the provision and transmission of information. It also makes processes entirely obsolete, thanks to electronic documentation, more streamlined, clearer, and less prone to error. Superfluous data entry is no longer necessary.
Another significant point of conversation in MRO is data analytics, leading to artificial intelligence and machine learning developments. Digitalization helps better manage shutdowns and failures; the goal is to adjust your maintenance and increase your assets’ performance.
A 2019 MRO survey found that downtime is what most maintenance professionals want to reduce (and ideally eliminate). The purpose of digitalization and using sensors is to prevent and predict failures. Developments in data collection, analysis, and implantation through artificial intelligence (AI) is the way forward.
By integrating the solutions available on today’s market and helping users understand the benefits of using the latest technologies, MROs will be able to implement effective operational strategies, which will positively impact the future of MRO, eventually saving the entire MRO industry.