Chief Minister to launch the Silver Jubilee Celebrations of IBS Software
Chief Minister to launch the Silver Jubilee Celebrations of IBS Software
Trivandrum / October 17, 2022
Thiruvananthapuram, Oct. 17: IBS Software, one of the most accomplished travel technology companies in the world, completes 25 years of existence this year.
Starting in a space of 8,000 sq ft at Technopark in Thiruvananthapuram in 1997, with 55 inexperienced engineers, IBS Software has essayed one of the most inspiring business stories from India.
In a country renowned for IT services, IBS Software stands out as a successful and long-serving IT product company, competing against established global names in the western world. Its large proprietary software solutions power the mission critical operations of some of the biggest airlines, busiest airports, top oil & gas companies, leading cruise lines and renowned hotel groups in the world.
Kerala Chief Minister Shri Pinarayi Vijayan will inaugurate the silver jubilee celebrations of the company on October 19th in Thiruvananthapuram. The event will be attended by over 500 delegates including IBS Software’s global customers, business leaders, Government officials and other stakeholders.
Today, IBS Software has over 3,500 employees belonging to 30 nationalities spread across offices in all continents in the world. It has business presence in 40 countries, with 150 active customers including 14 of the 20 leading airlines, 2 of the 5 largest cruise lines, 4 of the top 5 oil companies, and 5 of the largest 20 hotel chains.
In the last 15 years, IBS Software has acquired seven companies (in Europe, USA, Canada and India), enhancing its software portfolio and ramping up its global talent. Blackstone, the world’s largest private equity is a shareholder in IBS Software. In a 2021 report by Credit Suisse, IBS Software is ranked as the largest unicorn in the state of Kerala.
“Our unwavering focus on a single domain – travel industry, creation of valuable software assets, core values, professionalism of employees, support from successive governments and other stakeholders are the main reason for our longevity and success” says VK Mathews, Founder and Executive Chairman of IBS Software.
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