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Stock impact report

Robots Enable a Digital Transformation [Forbes]

DEUTSCHE LUFTHANSA S/ADR (DLAKY) 
NASDAQ:AMEX Investor Relations: investor-relations.lufthansagroup.com/en.html
Company Research Source: Forbes
Agilox Robot with Swarm Intelligence Agilox Lufthansa Technik Logistik Services (LTLS) begun their digital transformation three years ago. LTLS, with revenues of almost 270 million Euros in 2017, provides maintenance, repair and overhaul of aircrafts and aircrafts components. The company has several material flows related to warehousing: they receive brand new spare parts from the manufacturers, they receive repaired parts from partners, and they receive unserviceable parts from airlines they will repair at Lufthansa Technik's own facilities. LTLS's Digital Transformation The digital transformation is divided into three action areas: First, digitize the core by increasing operational efficiency; secondly digitally enhance their products, and finally, explore whether digitization can allow them to create new types of opportunities based on new business models or new digital products. Because about half of this company Show less Read more
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