Getting Real About Blockchain in Aerospace and Defense
Evangelists claim that the technology will revolutionize supply chains. But executives ask if it will create value. The answer: not as much as many think.
Whether in construction or aerospace and defense, business leaders are reevaluating the role that advanced technology plays in how their companies operate and deliver. Explore BCG’s latest thought leadership on engineered products and infrastructure to better understand the forces driving value creation.
Evangelists claim that the technology will revolutionize supply chains. But executives ask if it will create value. The answer: not as much as many think.
As digital investments rise, A&D leaders are asking tougher questions about the returns. In many cases, they are not getting satisfactory answers.
How will makers of these brand-new vehicles meet aviation-type standards and hold to much shorter development cycles?
New commercial competitors are small and fast, and they’re developing breakthrough technologies that the military wants. Some incumbents are underestimating the threat.
Recent hikes in global military budgets present big growth opportunities for defense contractors. But success will require more than new weapons systems.
Worksite productivity is still stuck at 1990s-era levels. Applying new technologies and lean principles at the bottom of the organization can boost output dramatically.
As the market consolidates and expands, rich opportunities are emerging. Established companies should adjust their business models, and newcomers should secure the right capabilities.
To address megatrends, the infrastructure and urban development industry must attract new talent, integrate services, and adopt advanced technologies.
To address an ongoing labor shortage, infrastructure and urban development companies should collaborate to improve skills and training, attract fresh talent, and promote use of new technologies.
The benefits are alluring, and the barriers are shrinking. New business models for 3D printing in construction could be viable in just a few years.
Leading companies are already sprinting toward a digital and data-driven future.
Combining the two is a great way to improve flexibility, productivity, quality, speed, and safety. So why aren't more companies doing it?
The experience of frontrunners suggests some imperatives for designing and implementing a successful transformation.
As cities become larger, governments strain to meet the needs of growing populations. Technology can help, but it’s only one part of a broader solution.
And that means owners need to start thinking and acting like private investors.
The construction industry is changing as robots’ capabilities on the work site continue to advance. Companies must begin positioning themselves for this transformation now.
Cities are getting smarter about mobility. And with agile approaches, they can unleash the true power of apps, big data, and other technologies to unclog transportation networks.
As additive manufacturing takes off, companies along the value chain must determine whether and how to capitalize on the fast-developing AM market.
From today’s tiny data gatherers to tomorrow’s industrial workhorses, drones will enable new ways to generate value. Here’s a look at how the market could evolve.
Industrial systems thinker Olivier Scalabre details how a fourth manufacturing revolution will produce a macroeconomic shift and boost employment, productivity, and growth.
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