SAN FRANCISCO–Veryon, a leader in providing aviation industry with information services and software solutions, has strategically acquired RCMBT, a Canada-based company specializing in parts reliability analytics. This acquisition, finalized recently, marks a significant step for Veryon in enhancing its portfolio and delivering more comprehensive solutions to aircraft operators, OEMs, regional airlines, and cargo operators globally. RCMBT, known for over two decades of expertise in advanced decision-support technologies for the aerospace sector, brings to Veryon advanced capabilities in optimizing fleet reliability and performance through data-driven insights.
“We are thrilled to integrate RCMBT’s cutting-edge technology into Veryon’s suite of solutions,” stated Norman Happ, Chief Executive Officer of Veryon. “This acquisition underscores Veryon’s commitment to equipping our customers with unparalleled visibility and analytics. By adding RCMBT’s sophisticated parts forecasting and cost analysis tools, Veryon is empowering aviation operations to achieve greater efficiency and effectiveness through incredibly advanced technology.”
The synergy between RCMBT’s advanced parts forecasting and cost analysis tools and Veryon’s existing platform, particularly Veryon Diagnostics, is set to revolutionize aircraft maintenance. This integration will provide users with direct insights into part replacement costs and enable proactive monitoring of repeat defects. Aircraft operators leveraging Veryon’s enhanced platform can now more accurately predict failures and optimize maintenance schedules through machine-enabled pattern analysis and algorithm-driven predictions, ultimately minimizing unscheduled maintenance and maximizing aircraft availability.
Happ further emphasized the combined strengths, noting, “By uniting the expertise of Veryon and RCMBT, we are poised to deliver even greater value to our customers. Our combined solutions will significantly reduce aircraft downtime caused by parts shortages and enhance overall fleet performance, ensuring our clients benefit from superior operational efficiency.”
The impact of RCMBT’s data capabilities is already evident in the aviation industry. For example, Envoy Air has reported a 14% reduction in unscheduled downtime by utilizing RCMBT’s platform. Similarly, Bombardier experienced a substantial 40% cost reduction alongside achieving a 95% proactive accuracy rate in maintenance planning. These results underscore the immediate and significant benefits that Veryon customers can anticipate from this acquisition.
Gord Haynes, Chief Executive Officer of RCMBT, shared his perspective on the acquisition: “Joining forces with Veryon presents an incredible opportunity to scale RCMBT’s already exceptional analytics capabilities. We believe this acquisition will truly revolutionize fleet management for our customers, setting a new benchmark for reliability within the aviation industry.”
Beyond the immediate enhancement of product offerings, this acquisition strategically positions Veryon to strengthen its relationships with OEMs and advance its vision of leading the aviation industry into a future driven by predictive, AI-enhanced solutions. Veryon’s proactive approach, now amplified by RCMBT’s analytics, promises to minimize operational disruptions and optimize maintenance operations across the board.
Customers of both Veryon and RCMBT can expect uninterrupted 24/7/365 support and ongoing product enhancements. Veryon is committed to ensuring a seamless transition and continued excellence in service. This acquisition allows Veryon to offer an even more robust and comprehensive suite of solutions, reinforcing its trusted reputation and commitment to the aviation sector.
Veryon has been a pioneer in aviation maintenance technology since 1973, consistently expanding its capabilities through strategic acquisitions, including CaseBank, Flightdocs, and Rusada. Today, Veryon supports over 7,600 customers across 175 countries, empowering more than 75,000 users and covering over 25% of the world’s commercial fleet. This acquisition of RCMBT further solidifies Veryon’s position as a leader and innovator in the aviation industry, dedicated to driving efficiency, reliability, and uptime for its global clientele.
For more detailed information about Veryon and its expanded capabilities, please visit veryon.com. To learn more about RCMBT, please visit rcmbt.com.
About Veryon
Veryon is the premier provider of aviation software and information services, serving a vast global network of over 75,000 aircraft maintenance professionals and more than 7,600 customers in approximately 175 countries. Veryon is dedicated to increasing aircraft uptime for various aviation sectors, from business aviation teams and MROs to major airlines and OEMs. By addressing critical challenges such as unscheduled repairs, part availability, and complex paperwork, Veryon minimizes ground time, reduces delays, and eliminates wasted resources. Veryon’s technology platform streamlines maintenance and operations, enhances manual and diagnostic processes, and ultimately delivers significant improvements in aircraft downtime costs, averaging a 23% reduction for its customers. Veryon: Let’s get you more uptime. Discover more at veryon.com.
About RCMBT
Since its inception in 2003, RCMBT has been dedicated to providing the aerospace industry with advanced decision support technologies. RCMBT’s solutions enable customers to effectively capture, analyze, and transform reliability data into actionable plans that significantly improve aircraft availability. Through machine-enabled pattern analysis and algorithm-driven failure predictions, RCMBT delivers technical reliability insights and forward-looking maintenance planning. Operators can utilize RCMBT’s Cause Analysis recommendation engine to develop prioritized maintenance action plans, further optimizing their operational efficiency and aircraft performance.
