RE:Competitors?I don't think there is any competitors that provide both hardware and software. This company has hardware that can be connected to the flight's computer then analysis data inflight and transmit data via satelite to ground in realtime. This is very futuristic technology. Once the realtime data reaches ground there are endless possibilities with that data. For eg: The ground staff could identify the trouble with aircraft before it reaches ground and ask pilot land immediately savings hundreds of lives. The ground staff could create trends that identify a faulty machine part that is reaching its end of life and create a maintenance plan before next scheduled flight savings millions for the aircraft operator. Another example would be, if fuel consumption is more and it's tracked realtime. it could tell stories about any machine part rubbing aganist each other or any other trouble in the aircraft.
Aircraft could save millions in fuel by optimizing the data received. If one aircraft installs this and is able to optimize that fuel consumption thus improve there profits....just imagine what other airlines would do....