Page 12 - AAA SEPTEMBER - OCTOBER 2014 Online Magazine
P. 12
AVIONICS
Making Us All Feel More Secure
EARLIER ThIS YEAR, U.S.-bASEd plane and rotor technology (helicopter).
ThoughtFocus Technologies acquired Its primary focus is on systems like air
aircraft component software maker data systems, flight control systems,
Rayon Technologies, an indication that and many firmware/software related
avionics sector is on the growth path in systems.”Dependence on technology in
Asia. ThoughtFocus’ solution delivery for the aerospace industry is here to stay,”
the avionics vertical was happening out says Shylesh Krishnan, co-founder and
of North America, and was looking for a Executive Director, ThoughtFocus to
footprint in avionics in India. This forced Jay Menon of Asian Airlines and Airport
ThoughtFocus to look at companies in an exclusive interview.
in India. That’s how the acquisition According to him the global avionics
of Rayon happened. Rayon provided industry is approximately $6.3 billion
an innovative technology framework annually and Asia is likely to see a huge
Asia is said to see a huge increase in that enables customers to kick-start increase in R&D spend in avionics in
R&D spending in Avionics in the coming programmes and reduce time to market. the coming years. While China is said
year – In Asia it will be China and India.
China is said to outspend the U.S. in This type of framework gelled well with to outspend the U.S. in R&D spend by
R&D spending by 2020. Today U.S. R&D ThoughtFocus’ go-to-market strategy. 2020. Today US R&D spend is about 35
spending is about 35% of the total R&D ThoughtFocus provides solutions to the percent of the total R&D spend in the
spending in the world avionics industry both in commercial world.
12 ASIAN AIRLINES & AIRPORTS SEPTEMBER / OCTOBER 2014 WWW.ASIANAIRLINES-AIRPORTS.COM