Proponent and Beep Analytics collaborate on AI platform for aircraft parts demand forecasting.

Thursday, April 19, 2018

 

Proponent (Kapco Global and Avio-Diepen) and Beep Analytics collaborate on AI platform for aircraft parts demand forecasting.

Proponent and Beep Analytics are collaborating on the development of a new predictive analytics platform which implements the best of machine learning technology developed at the Technical University of Denmark (DTU) to calculate spare part demand and assess market dynamics which is based on numerous data sources in combination with intelligent market feed-back functionality.

AIX Beep

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Benjamin Nieuwland (Director of Market and Business Intelligence, Proponent): “This is yet another example of how Proponent utilizes cutting edge technology while continuing to build qualitative and enduring personal relationships with our customers. We aim to further optimize our extensive demand forecasting capabilities and continue to focus on creating more value for our Airline, MRO and supplier partners”.

Jens Peder Pedersen (CEO, Beep Analytics ApS): “The close collaboration with Proponent, one of the largest and most visionary aircraft parts distributors, is strategically important for Beep Analytics, and our development of the world’s first predictive market analysis platform for aircraft spare parts. We benefit greatly from Proponent’s deep insight into market dynamics and parts distribution processes.”


Beep Analytics
Beep Analytics ApS is a Danish software start-up company, founded in 2016. It was established by a senior team of aerospace professionals and software developers, with more than 25 years of industry experience. Beep Analytics currently has 9 employees and has attracted funding from the Danish Innovation Fund and the Technical University of Denmark. The innovative Beep Analytics platform will be commercially available to OEMs, distributors and MROs in the second half of 2018. For more information, please visit www.beepanalytics.com