Saturday, April 26, 2008

IBS Software completes 10 years of remarkable growth

Source: http://www.softwaredevelopmentblog.com & quot; & gt; softwaredevelopmentblog.com
The IBS Software Services, a leading provider of next generation IT solutions for travel to & 39; scale global transportation and logistics (TTL), & 39; industry, celebrated its 10th date of birth yesterday. In a short margin of ten years, the company has a script remarkable story of growth. From modest beginnings in the Techno Park campus here, IBS has become today & 39; hui a multinational & 39; the overall activity of 11 centres throughout the world. What is significant, c & 39; is that the company proposes a series of no less than 15 software products and other solutions & 39;, & 39; administration of Mission-Critical operations of airlines, airports , Cruise Lines, oil and gas, recreation clubs and seaports worldwide. IBS & quot; clientele of more than 70 customers are active throughout the world the best airlines, international airports verkehrsreichsten the best Cruise Lines up gas and oil & amp; companies.
Steady and sustainable growth on the basis of a clear vision & 39; are ensured that IBS has a CAGR of 47.5% over the past ten years, resulting in an increase of 700 times the capital invested during l & 39, 1997, against an increase of 30 times the force of personnel costs over the same period. Three strategic acquisitions have contributed to a genuine IBS & quot; One-Stop-Shop for a new generation of solutions, & 39; address the requirements of all types of airlines and Cruise Lines. Recently, General Atlantic LLC $ USA invests 60 million & 39; euros (242 rupees Crores) in & 39; company. is an investor in the global technology sector growth, General Atlantic, the strategic support d & 39; IBS to propel the next phase of its aggressive growth strategy.
Focus niche in the travel, transportation and logistics and & 39; s commitment segments of developing a new generation of technology were the factors underlying growth & quot; IBS. IBS has successfully developed Passenger Service System (Aires) and a cargo management system (iCargo), both as a basis for a new generation of technologies that help migrating airlines decades old legacy systems and adapt their business. IBS has d & 39; a complete logistics management solution for petroleum gas & amp; industry (iLogistics) addresses the & 39; aviation, marine and land transport upstream needs d & 39; exploration and production operations. iLogistics is being implemented for a number of oil majors. L & 39; company offers solutions Airline Passenger Service, airlines & amp; Cargo Logistics, & amp; Airline Airport Operations, petroleum gas & amp; logistics and travel & amp ; amp; Management.
IBS Cruise was also regarded as & 39; one of the best IT-8 start-ups in India by Red Herring and is among the Top 10 companies products Business Today.
V K Mathews, President and Managing Director, IBS group, said: Taking Stock & quot; A since the beginning of the decade, it makes me very proud that we have made considerable progress and are on track with the company Vision Both in terms of growth and direction. At this stage I would like to thank all my colleagues and our customers for the confidence and growth with IBS. IBS is also continue to stay focused on travel, transport logistics & amp; sector and & 39; s calls to stay next generation of innovative products and services will help to ensure that this vertical industry through phases Growth aggressive and tough competition. & quot;
& quot; IBS is well equipped to seize the opportunities that the future will bring & 39; no doubt in the dynamic growth TTL field, what the company & 39; next phase of growth, development and innovation & 39;. We expect shortly, two new development centres in India, apart from Kerala, and thrive in a society Crores 1000 rupees d & 39; here to & 39; year 2010 & quot;, added the United Kingdom Mathews.
IBS employees and their families in all its offices around the world celebrate 10 owned & 39; s birthday. The offices of & 39; India and the annual Day of the Family & 39; aujourd hui, on the premises known Kanakakunnu palace in the heart of the party& 39;s 10th Birthday city.
As initiatives, plans & 39; IBS spearhead d & 39; a vigorous Road Safety Campaign, from its own employees d & 39; other companies in Techno Park, park and & 39; information Trivandrum, Kochi and, finally, in cities .



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