Public Funding for Tonic Analytics Limited

Increased digitisation of record keeping and asset operation within the air transport industry has created an opportunity for technology advancements in the field of ‘Big data’ analytics to help the civil air transport industry improve maintenance effectiveness. An opportunity exists for airlines to move beyond the limitations of existing predictive maintenance approaches. This would be achieved through the integration of currently disparate data sources, such as electronic maintenance records, aircraft parametric data and operational data to create a ‘Big Data’ set on which novel analytics and decision optimisation technologies would be applied. Through this approach, maintenance organisations would be provided with a new level of holistic and contextual information, empowering them to make smarter decisions and actions and address a significant portion of the $2.7B cost of unplanned maintenance activity The objective of this study is to assess market viability and readiness for the idea, explore potential barriers, solutions and partners and generate a formal business plan for the concept