AI-Driven Predictive Maintenance for Aircraft
The global aircraft fleet is expected to reach 38,0000 by 2033. Since the maintenance of every piece of aircraft is costly and complex, adopting AI in aviation is inevitable. Today, industry leaders like Boeing, Airbus, and Lufthansa rush to implement AI in aircraft maintenance procedures and build up massive subdivisions like Lufthansa Technik that implement […]
Balancing Algorithms and Data
The Trade-off Between Advanced AI/ML Models and Simple Linear/Logistic Regressions for Accuracy Understanding the Algorithms Older complex machine learning uses tons of data to train AI. For example, a popular computer-vision data set known as MNIST, designed to train models to read human handwriting, contains 60,000 handwritten images from 0 to 9. Models like ChatGPT […]
OCR and AI in Cargo Tracking: Real-Time Visibility
The worldwide air freight market will reach USD 133.47 billion, a considerable increase compared to USD 66.6 billion in 2021. The annual growth rate is projected to be 10.3%. With such growth in the volume of transported goods, automatization will shift from luxury to everyday necessity. In this article, we shall discuss how optical character […]
OCR in Document Management for Aviation Companies
According to discussions on the professional pilot forum PPRuNe, flying makes up a fourth of a pilot’s duties. The rest is paperwork. Besides pushing the panel buttons and navigating the airplane through the clouds, as we see in the cinema, a pilot should perform tons of calculation and analytics tasks, which require an extreme level […]
Enhancing Efficiency in Logistics: The Role of OCR and AI
According to the McKinsey report, the US economy only loses up to 95% billion US dollars a year due to delivery delays. These numbers arise from lost parcels, miscommunication, or long parcel processing. AI technology promises to minimize losses and enhance the productivity of operations. AI solutions and OCR make logistic processes faster, more innovative, […]
