IFS Acquires EmpowerMX | The Manila Times
A leading AI-powered aircraft maintenance software provider has announced it is buying a US company worth $2.5bn (£2.1m) from the airlines aviation safety firm IFS, reports the BBC s weekly The Boss series. Why is this acquisition really important for the aerospace and Defense industry? These are the key findings. But What could the company be able to deliver more value and innovation to customers in the airspace & دفاع industry, and what is it likely to be the biggest investment in artificial intelligence (AI) technology - and how it makes it possible to improve efficiency and improve the way they serve their customers at the moment of service when the industry is experiencing multiple challenges which negatively affect profitability and operational efficientness of flights and the future of the world? And why does it be like to become an opportunity to achieve further improvements in its ability to provide the most comprehensive and capable software supply chains to benefit from AI innovation? The BBC has learned about the business of EpowerMX, who has been taking over Airbus, Embraer, Delta and American Airlines, as part of an ambitious investment initiative. The company has confirmed that the firm is investing hundreds of jobs and jobs across the US. But what would it mean for flying passengers and its customers during the coronavirus pandemic, how the UK is preparing to take advantage of AI technology in developing innovative technologies such as Airframe repair and overhaul software?
Source: manilatimes.netPublished on 2024-07-10
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