| Type | Private |
|---|---|
| Founded | (1997) |
| Founder(s) | V K Mathews |
| Headquarters | Tirvandrum, Kerala, India |
| Area served | Worldwide |
| Key people | V K Mathews(Executive Chairman) Rajiv Shah (CEO) |
| Employees | 2,000 |
| Website | www.ibsplc.com |
IBS Software is a provider of IT consultancy to the travel, transportation and logistics (TTL) industry. The company started operations in 1997 from Trivandrum, India with 55 employees. As of 2011, IBS employs around 2000 staff from 30 different nationalities and operates out of 10 offices in the Americas, Europe, Asia-Pacific, the Middle East and Africa. Its software products and bespoke systems are used by airlines, airports, oil and gas companies, cruise lines and tour operators world-wide to manage their mission critical operations.
In 2007, General Atlantic invested USD 60 million in IBS for a minority stake holding.[1]
Contents |
IBS owns the IP rights to 17 software products in the following Lines of Business.
| Line of Business | Business Area | Product Name |
|---|---|---|
| Airline Passenger Services | Passenger reservations & departure control Loyalty management, Staff travel, flight special services | iFly Solution Suite |
| Airline Operations | Fleet scheduling & management, Manpower planning, Crew pairing, rostering and tracking, MRO, Integrated flight operations - small to medium sized carriers | iFlight solution suite |
| Airline Cargo & Logistics | Core cargo operations, Ground handling, ULD management, Mail & courier management, Cargo revenue accounting, Revenue management | iCargo solution suite |
| Airport Operations | Airport Operational Database Management Flight Information Display Common Use Passenger Processing Systems Cargo Terminal Operations Departure Control Systems | iAirport solution suite |
| Travel & Cruise | Tour management, dynamic packaging & E-commerce Cruise reservations Cruise on-board property management | Ship Partner, Cruise Partner & Tour Partner |
| Hospitality | Hotel Booking Solution | Demand Gateway |
| Upstream Oil & Gas Logistics | Personnel movement Material movement Personnel-on-Board management Accommodation management | iLogistics |
| IT Services | Software Services & Independent Testing | Not Applicable |
Over the past years, IBS has acquired 6 companies
2011: India based Moveo Systems[2] [3] [4] [5]
2008: US-based VISaer[6]
2008: Majority stake in US-based Hotel Booking Solutions Incorporated (HBSi)
2006: US-based Discovery Travel Systems
2003: UK based Avient Technologies
2002: TopAir from EDS
IBS CSR activities are organized through CANDLE (abbreviation for Care And Love). The company’s employees and management contribute to the funds for CANDLE.
Divine Children’s Home, a home for destitute children was started in Trivandrum, India in the year 2008 through the efforts of IBS CSR. The employees continue to support the activities of the Home.