Digital Transformation Momentum SkySelect has demonstrated a strong focus on digitizing the aircraft parts procurement process, launching its eProcurement-as-a-Service platform and integrating with complementary tools like Rotabull and AeroParts Now. This indicates a receptive environment for innovative digital solutions, providing opportunities to introduce complementary products that enhance or extend their platform capabilities.
Market and Customer Expansion The recent onboarding of Finnair Group and strategic integrations suggest SkySelect is actively expanding its client base within the commercial aviation sector. Business development efforts could target other major airlines and MRO providers looking to modernize their procurement workflows through touchless and data-driven solutions.
Investment and Growth Potential With recent funding of $10M and revenue between $25M and $50M, SkySelect is positioned for scaling operations and exploring new market segments. There is potential to offer tailored procurement or analytics solutions to existing and prospective clients aiming to optimize costs and reduce supply chain lead times.
Technological Adoption SkySelect’s use of modern tech stacks like PWA, Amazon SES, and JavaScript libraries signals a commitment to a seamless user experience and reliable platform performance. This opens avenues for partnership in areas such as AI-driven analytics, additional integrations, or enhanced user engagement tools.
Industry Trends and Opportunities The company's focus on cost transparency through the Aircraft Parts Price & Lead Time Index aligns with industry trends toward data transparency and real-time market insights. Partnering on or expanding these analytics services could attract clients interested in smarter procurement decision-making and supply chain visibility.