Companies in the A&D industry are facing one of two extremes...either a dramatic increase in demand, or severe drop off in new business. While commercial aviation is having trouble keeping up with demand, drastic budget cuts from the US Department of Defense have defense contractors scrambling to find new revenue opportunities. The bottom line for both sides of the aerospace & defense industry is that business as usual will no longer suffice.
Research suggests that A&D leaders understand this need to change, even if they may not yet know how to make the necessary changes. Industry executives interviewed said their highest priority was to create competitive advantage through new, innovative products and services.
Agile IT solutions are the key to remaining competitive and adapting to fast changing demands. Download this paper to learn more about ways that modern ERP solutions help you create a competitive edge.
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