EmpowerMX’s powerful MRO technology adds value proposition for Aerospace & Defense
IFS, the leading technology innovator in cloud and Industrial AI software, recently announced the acquisition of EmpowerMX, an AI-powered aviation maintenance software provider specializing in Airframe Maintenance Repair and Overhaul (MRO) solutions.
The acquisition reinforces IFS’s commitment to Industrial AI and underpins the importance of industry-specific capabilities that enable customers to rapidly derive value and improve the way they serve their customers at the moment of service.
For aerospace & defense customers, this translates to improving efficiencies, enhancing production control, minimizing turn-around times, and reducing maintenance costs.
The acquisition will deliver more value and Industrial AI innovation to customers at a time when aviation MROs and the airline industry are experiencing multiple challenges that negatively impact profitability and operational efficiency, including supply chain disruption, labor and skills shortages, capacity shortfall, compliance, and ESG reporting.
Burgeoning MRO space
“Together, we not only expand our reach and foothold into the burgeoning MRO space, but we can also better serve a wider base of global A&D customers with the Industrial AI-fueled MRO innovation that enhances security, safety and efficiency,” affirmed Scott Helmer, President of IFS’s Aerospace & Defense Business Unit.
“With IFS’s global presence, EmpowerMX can help our MRO clients deliver faster turnaround, drive bottom line growth, and leverage the AI capabilities we are infusing into our products,” remarked Dinakara Nagalla, Founder & CEO, EmpowerMX.
“The acquisition of EmpowerMX will complement IFS’s existing cloud-based aviation maintenance solution and present IFS with an opportunity to strengthen its market position in the MRO sector,” commented Aly Pinder, Research Vice President, Aftermarket Services Strategies, IDC.
