Leveraging it solution for travel transport logistics bw smart cities. Mathews established the product development company in 1997 to cater to worldwide aviation and transportation industries, and, since then, he has not looked back. Vk mathews, executive chairman talks about the story of ibs. Kerala offers the rest of india a model to fight the. This is a strategic milestone for ibs and heralds the beginning of a long and productive business relationship, said vk mathews, executive chairman, ibs group. Ibs software signs multiyear contract with british. Valayil korath mathews is an entrepreneur and the founder chairman of ibs software services, a software product company based out of india. Ibs is a leading global provider of new generation it solutions to the travel, transportation and logistics industries. The onestop shop for all aviation technology needs. Udan scheme set to gain traction as trujet partners with ibs software news. Vk mathews is listed as a director with ibs software services americas, inc. How an indian tech firm could help gulf airlines soar again opinion. The completion of the acquisition will allow ibs, a global leader in aviation software, to leverage ad opts domain expertise to offer an integrated digital solution for. This issue of varikkalkkidayil features entrepreneur vk mathews, who is the founder and executive chairman of the ibs group.
Vk mathews, executive chairman, the ibs group said, we have a hugely successful relationship with etihad airways and this deal demonstrates the industry acceptance of our technology solutions to effectively support the needs of an airline renowned for its disciplined business practices. Ibs software to acquire canadian aviation software major more ibs is a specialist in aviation software, supporting flight operations of large airlines including british airways, klm. When ibs completed its acquisition of hbsi in 2012, it was a significant step in our strategic approach to expanding ibs footprint in the hospitality business, said vk mathews, founder. How an indian tech firm could help gulf airlines soar again. What started out as a modest venture with 55 software engineers is, today, a multinational corporation, serving over 170 clients worldwide, employing nearly 3000 professionals from 20 different nationalities and poised to be the no. Ibs software ibs has been selected by sunexpress airline, the joint venture of turkish airlines and lufthansa, as its passenger services system pss provider. Thoughts on topics that deal with reforms and development relevant to the state of kerala, as well as that of national and international importance. Etihad airways awards ibs software a multiyear contract news. Ibs software services powers 10 of the premier 20 airlines and four of the big 5 oil companies. This unpredictable world economy is the new normal, says vk mathews, executive chairman, ibs software services, a thiruvananthapuram.
Global aviation sector expected to achieve 100% efficiency. V k mathews vk, founder and executive chairman of ibs, is a renowned it entrepreneur hailing from a small village called kizhakkambalam in kerala. American selected ibs software, a leading it solutions provider in the global aviation industry, to implement the cargo management system, icargo. Valayil korath mathews is an entrepreneur and the founder chairman of ibs software. Ibs was selected to replace etihad cargos existing system after an intense selection process that spanned several months. Ibs software ibs has been selected by etihad airways for implementing its award winning cargo management solution, icargo. Vk mathews is founder and executive chairman, ibs software.
He is regarded as a thought leader in the global aviation industry 2 and has been a speaker at various international events conducted by iata, harvard business school, and nasscom. The seven year, multimillion dollar contract for the engagement was formally signed by choi jungho, ceo of jin air and vk mathews, executive chairman ibs group, in seoul. Etihad selects icargo, ibss cargo management solution. Ibs software inks multiyear contract with sunexpresspr. V k mathews, founder, ibs software analyses the gulfs aviation sector and explains how technological advances could help it return to growth. Vk mathews, executive chairman, ibs group, said that being chosen by one of the most prestigious airlines is a defining moment for the newly launched iflight neo platform. We are delighted to associate with trujet in its quest to be one of the premier airlines operating in india said vk mathews, executive chairman, ibs software. Airlines all over the world were still using their legacy technologies when i had left emirates to set up ibs. Blackstone is buying out general atlantic, a leading growth equity firm that has been invested in ibs since 2007, and other shareholders.
Etihad airways awards ibs software a multiyear contract. Ibs software acquires ad opt to advance airline crew. The engagement will see icargo system manage the airlines air cargo sales and operations worldwide, automating its networkwide booking, pricing and capacity management. American airlines cargo modernizing technology for the. How tvpmbased ibs changed the way you fly vk mathews. We will continue to pursue our inorganic growth strategy to expand our solutions landscape and deliver outstanding value to our customers, said vk mathews, executive chairman, ibs. Ibs software signs multiyear contract with british airways.
With the implementation of icargo, american will migrate to a webbased, fully integrated technology platform connecting all of its critical business functions. Ibs software to acquire canadian aviation software major. Ibs growth, under founder vk mathews leadership, has been phenomenal. Pictured are l vk mathews and r rick elieson american selected ibs software, a leading it solutions provider in the global aviation industry, to implement the cargo management system, icargo. Etihad selects ibs software to transform operational. Vk mathews, executive chairman, the ibs group said, we have a hugely successful relationship with etihad airways and this. The address on file for this person is 900 circle 75 parkway suite 550, atlanta, ga 30339 in cobb county. David kerr, senior vice president, etihad cargo, and vk mathews, executive chairman, ibs group at the signing ceremony in abu dhabi prnewsfoto ibs software ibs ibs software ibs has been. V k mathews executive chairman ibs software linkedin. The company is a louisiana business corporation non, which was filed on september 6, 2012.
Fame valayil korath mathews net worth and salary income. The multimillion dollar, multiyear contract was signed in abu dhabi. Solutions for travel, logistics, and transportation industries l address. Ibs ifly res to power passenger reservation of koreas. Ibs software ibs, a leading provider of newgen it solutions to the airline industry, has been selected by british airways ba to provide a technology solution for flight and crew operations. Technology providers for air cargo can easily name the challenges the industry faces. Ibs software services completes the brand integration of hbsi news. He is the founderexecutive chairman of ibs software, an it solutions company for the air transportation industry.
Etihad cargo awards ibs software contract for icargo. E tihad airways has selected ibs software ibs for implementing its cargo management solution, icargo. This unpredictable world economy is the new normal, says vk mathews, executive chairman, ibs software services, a thiruvananthapurambased software services provider for the transportation sector. The transaction is expected to be complete within a month, subject to the customary regulatory approvals.
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