Cloud-native Airport Management Platform: AeroCloud Raises $12.6million in Series A Funding

26 Apr 2023

Aerocloud was founded out of Chester, U.k, in 2019 and is a cloud-native airport management software startup used by dozens of airports across the world. Aerocloud affirmed all stakeholders' access to data with the cloud that include features that support common airport use-cases such as automated gate allocation for flights and optimizing spare gate capacity to shoot up revenue.

Aerocloud is a smart technology operator and management platform with experts that are concentrated to win challenges. It helps users to use a web browser to control business operations by clicking, typing and dragging. It serves its customers with forecasting using historical data, such as estimating passenger numbers for a specific time of the year. The airport management software space includes legacy incumbents such as Amadeus and Sita, but as with just about every young upstart looking to supplant the long-established status quo, AeroCloud touts its cloud-native credentials as a major selling point for would-be new customers.

George Richardson and the Co-founder disclosed to TechCrunch that “by introducing Artificial intelligence and machine learning into our intelligent airport management system, we are allowing airport operations team to plan less and more action. Hence, airports have a task requiring varying amounts of human interaction on a day-to-day basis.

The platform interlocks important data, such as the number of passengers that are presently boarded on a specific plane and its due time to depart, allowing it to predict whether the plane is likely to leave on time. It can automatically reassign gates to inbound planes if its scheduled arrival gate has a delayed plane still present.

The CEO, Richard added that the AI can beat the human head to a solution and on the surface, the airport management software market might seem a somewhat niche vertical.
He further added that “You may see a niche in terms of the number of airports there in the world, but the potential of the niche is significant and we see a market worth $ 20 billion. We have products to fit most of these customers which is not even the interesting part, however, the exciting part is when we reach a critical mass of customers on our system and we will have created a network of airports to communicate and share valuable information.”

‘’Large airports currently rely on systems from our competitors, originally built in the late 80s, the software has barely changed since then and they are still static, which is not in the cloud. like with many overlooked and underserved industries, airports are extremely challenging environments to enact change, with lots of layers of management and perceived risk at the board level, which is the reason they are still relying on old-school software” he said.

However, according to Richardson, “the problem is that many of the on-premises legacy solutions do not make it easy to access data, instead promoting data siloes through homegrown tech stacks and This is problematic in an airport environment that often needs to act quickly to support any number of fluid scenarios. With diverted planes, for example, where an aircraft in the vicinity needs somewhere to land quickly due to an emergency, this involves multiple players from different departments spanning gates, customs, passport control, baggage handlers, and all the rest’’.

Richardson said “We may deal mainly with passenger airplanes now, but we believe the addition of booming cargo air traffic post-Covid and the introduction of drones in the next 5-10 years time will also benefit from our network and this data.

 AeroCloud says it is already working with Manchester and Eindhoven airports in Europe, while in the U.S. it counts Tampa International and John Wayne Airport as customers, processing some 150 million passengers each year across the board. This is a great technological development that provides solutions to airport challenges and also helps to reduce any form of stress and bring about efficiency.

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