Proponent (Kapco Global and Avio-Diepen) and Beep Analytics collaborate on AI platform for aircraft parts demand forecasting

Proponent and Beep Analytics are collaborating on the development of a new predictive analytics platform which implements the best of machine learning technology developed at the Technical University of Denmark (DTU) to calculate spare part demand and assess market dynamics which is based on numerous data sources in combination with intelligent market feed-back functionality.

Benjamin Nieuwland (Director of Market and Business Intelligence, Proponent): “This is yet another example of how Proponent utilizes cutting edge technology while continuing to build qualitative and enduring personal relationships with our customers. We aim to further optimize our extensive demand forecasting capabilities and continue to focus on creating more value for our Airline, MRO and supplier partners”.

Jens Peder Pedersen (CEO, Beep Analytics ApS): “The close collaboration with Proponent, one of the largest and most visionary aircraft parts distributors, is strategically important for Beep Analytics, and our development of the world’s first predictive market analysis platform for aircraft spare parts. We benefit greatly from Proponent’s deep insight into market dynamics and parts distribution processes.”