Veryon Expands Aviation Solutions with Strategic Acquisition of RCMBT

SAN FRANCISCO–Veryon, a leading name in aviation information services and software solutions, has solidified its commitment to innovation with the acquisition of RCMBT, a Canada-based provider specializing in parts reliability analytics. This strategic move, announced recently, integrates RCMBT’s advanced capabilities into Veryon’s portfolio, promising to enhance predictive maintenance and operational efficiency for aviation operators worldwide. RCMBT, known for its two decades of experience, delivers crucial insights to original equipment manufacturers (OEMs), regional airlines, and cargo operators, focusing on optimizing fleet reliability through advanced data analytics.

“This acquisition marks a significant step in our journey to empower aviation operations with cutting-edge technology,” stated Norman Happ, CEO of Veryon. “By incorporating RCMBT’s sophisticated analytics into Veryon’s suite of solutions, we are providing our customers with unparalleled visibility and intelligence, enabling them to manage their operations more proactively and effectively. This integration underscores Veryon’s dedication to leading aviation innovation.”

The synergy between Veryon and RCMBT is set to revolutionize aircraft maintenance through enhanced parts forecasting and cost analysis. By combining RCMBT’s expertise with the Veryon Diagnostics platform, operators gain direct insights into part replacement costs and can monitor recurring defects with greater precision. This powerful combination facilitates proactive resolution of common issues and allows for optimized maintenance schedules driven by machine-enabled pattern analysis and algorithm-based failure predictions. Veryon is ensuring that aircraft operators can significantly reduce unscheduled maintenance and maximize aircraft availability.

The impact of RCMBT’s data-driven approach is already evident in the aviation industry. Envoy Air, for instance, has reported a 14% reduction in unscheduled downtime by leveraging RCMBT’s platform. Bombardier has also seen substantial benefits, achieving a 40% cost reduction and a 95% proactive accuracy rate in maintenance planning. These results highlight the tangible advantages that Veryon customers can now anticipate through this acquisition. Veryon is committed to delivering similar, if not greater, improvements across its expanded customer base.

“Joining forces with Veryon presents an exciting opportunity to amplify our impact on the aviation industry,” commented Gord Haynes, CEO of RCMBT. “We believe that together, we can set a new standard for reliability in aviation. Veryon’s extensive reach and resources, combined with RCMBT’s advanced analytics, will provide customers with unprecedented tools to manage their fleets more efficiently and effectively.” The integration of RCMBT’s technology into Veryon’s offerings is poised to create a transformative shift in how the industry approaches aircraft maintenance and reliability.

Beyond product enhancements, this acquisition strategically positions Veryon to strengthen its relationships with OEMs and advance its vision of spearheading the aviation industry’s transition towards predictive, AI-driven solutions. Veryon’s long-standing commitment to the aviation sector, demonstrated through previous acquisitions like CaseBank, Flightdocs, and Rusada, is further reinforced by this latest strategic move. Veryon currently supports over 7,600 customers across 175 countries, impacting more than 75,000 users and covering over a quarter of the world’s commercial fleet.

Customers of both Veryon and RCMBT can expect continuous, uninterrupted support and ongoing product development. This acquisition is designed to provide a more comprehensive suite of solutions while maintaining the trusted reputations and brand values of both providers. Veryon continues to be at the forefront of aviation maintenance technology since 1973, consistently expanding its capabilities to meet the evolving needs of the industry.

About Veryon

Veryon is the premier provider of aviation software and information services, supporting a vast global network of over 75,000 aircraft maintenance professionals and more than 7,600 customers in nearly 175 countries. Veryon is dedicated to maximizing aircraft uptime for a diverse clientele, from business aviation teams and MROs to major airlines and OEMs. By tackling challenges such as unscheduled repairs, part availability, and cumbersome paperwork, Veryon minimizes ground time, reduces delays, and eliminates unnecessary costs. The Veryon platform offers comprehensive management of maintenance, operations, manuals, and diagnostics, making it the technology platform of choice for thousands of aircraft operators, 25% of the global commercial fleet, and over 100 OEMs. Customers leveraging Veryon solutions have achieved an average 23% reduction in aircraft downtime costs. Veryon: Your partner in achieving more uptime. Discover more at veryon.com.

About RCMBT

Since 2003, RCMBT has been a key provider of decision support technologies within the aerospace industry. RCMBT’s mission is to assist customers in capturing, analyzing, and transforming reliability data into actionable strategies that enhance aircraft availability. RCMBT’s advanced analysis delivers technical reliability insights through machine-enabled pattern analysis and proactive maintenance planning with algorithm-driven failure predictions. Operators can now develop prioritized maintenance action plans, aided by RCMBT’s Cause Analysis recommendation engine.

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