Our recent FirstThursday event held at our central London office focused on Through-life Engineering Services (TES).
We welcomed Professor Andrew Harrison, Engineering Associate Fellow – Life Cycle Engineering at Rolls-Royce, as our guest speaker. Andrew’s presentation focused on how TES is essential to ‘making things work better, for longer, at lower cost’.
The big question of the evening was ‘what is TES and what is it worth’? Professor Harrison talked the audience through the topic and shared some interesting definitions and insights. TES brings significant economic benefits – it provides a positive impact on the economy, markets and growth. Around £275 billion of the UK economy by Gross Value Added (GVA) is attributable to sectors directly influenced by the use or support of high value, long-life assets. And Aerospace is a leading sector in adopting TES principles with expertise in the UK to deploy the capability.
TES integrates manufacturing, engineering and technology with new service-based business models, and its application is necessary to guarantee continued performance of complex engineering systems. TES features as one of the several major cross-cutting agendas in the Aerospace Technology Institute’s (ATI) technology strategy Raising Ambition. The capability presents significant opportunities for UK OEM’s and tremendous value to their customers. Investments in digital and other technologies that enable transformation to Industry 4.0 in the UK aerospace sector also enable through-life engineering services, allowing greater product reliability and lower lifetime costs. There is much potential to be explored in the capability – the ATI is working with stakeholders and the wider sector to understand the gaps and needs. The findings and insights are due to be published (later this year) in an ATI Through-life Engineering Services white paper for the UK aerospace sector.