The advanced analytics for Multi Year Agreements (MYAs) project was developed with GE Aviation to better understand how our customers utilize our engines, and to tailor MYAs to better match their needs and manage risk. The technology solutions incorporated data science and stochastic optimization. The deliverables included a set of internal cloud-based tools known as the Fleet Analytics App and the Robust Commercialization Tool.
The impact of the project was to allow GE more flexibility in offering MYAs products to be competitive while managing risk. This enabled GE to better answer customer needs by offering customer-tailored options.
Capabilities utilized for Advanced Analytics for Multi-Year Agreements project
Business & Risk Analytics
Developing advanced business analytics to control financial risks, improve performance, and gain key business insightsRead more