Acquisitions

Since inception we have made the following strategic acquisitions, adding depth & breadth to our offering to the TTL industry

  • Hotel Booking Solutions Incorporated (HBSi), Atlanta, an IT solutions provider to the hospitality industry
  • Moveo Systems, Bangalore, a company developing human interaction solutions for airports and enterprises
  • VISaer, a US based leader in aviation maintenance and engineering (M&E) software solutions
  • Discovery Travel Systems, Virginia, a B2B travel technology provider to the cruise, tour, and vacation travel industry
  • Avient Technologies from Honeywell International which caters to the flight ops needs of any type of airlines
  • TopAir from EDS which caters to the flight ops needs of small and medium-sized airlines

Milestones

2017

  • Top 100 Logistics IT Provider Inbound Logistics Magazine in 2017
  • Information Technology Provider of the Year for the Airline Industry - TNI in 2017

2016

  • International IT Systems Provider of the Year 2016 - ​STAT Times
  • National IT Excellence Award for iCargo in 2016 - ​CMO Asia ​
  • ​National IT Excellence Award for iFly Loyalty in 2016 - ​CMO Asia
  • SunExpress Airline signs up for IBS’ Passenger Services System (PSS)
  • iCargo goes live at Turkish Cargo with over 2,000 global users spanning 284 destinations in 113 countries
  • T’way Airlines extends iFly Res for a further period of five years
  • Launches iTravel Cruise at Seatrade Cruise Global 2016
  • Celestyal Cruises signs up for iTravel Cruise Reservation System.
  • First IBS Customer Summit in Dubai with nearly 200 delegates representing more than 50 airline companies
  • IBS signs deal with Lufthansa for Crew Management Application
  • IBS’ iFly Res awarded NDC Capable Level 3 status by IATA

2015

  • IT Provider of the Year 2015 - ​Payload Asia
  • Testing Project of the Year 2015 at the APAC Testing Awards
  • Airline Product Innovation of the Year 2015 - ​CAPA
  • IT Software Solutions for Aviation Industry Company of the Year 2015 - ​Frost & Sullivan
  • iCAP project wins Testing Project of the Year 2015 India Testing Awards
  • 8th edition of IBS Cargo Forum (ICF 2015) at Singapore
  • First OGL Advisory workshop at ADMA & ZADCO
  • Organises IBS Airline Forum (IAF) in India, in April 2015 with more than one hundred delegates of over forty leading airlines
  • Lufthansa Cargo goes live with IBS’ iCargo IT solution at 120 stations
  • CWT Energy, Resources & Marine signs up for iLogistics
  • Blackstone made $ 170 million private equity investment in exchange for a minority shareholding

2014

  • Wins Payload Asia 'IT Provider of the Year for the Air Cargo Industry Award 2014'
  • Listed as one of the top 20 aerospace tech solution provider by CIO Review magazine, USA
  • Inks strategic deal with ANA LCC for passenger reservation and flight Ops

2013

  • Wins 'Information Technology for the Air Cargo Industry Award 2013'
  • Enters into ten year contract with Chevron for iLogistics solution suite
  • Turkish Cargo selects iCargo
  • Henna, the largest cruise ship in mainland China, runs on Cruise Partner

2012

  • Lufthansa Cargo AG selects iCargo
  • Acquires Hotel Booking Solutions Inc
  • Adjudged 'IT Provider of the Year' at Payload Asia Conference in Singapore

2011

  • Acquires Moveo Systems (P) Ltd
  • Launches independent software testing services arm
  • Aer Lingus, Cargoitalia and Cathay Pacific become customers.
  • South African Airways migrates to iCargo

2010

  • Unique Japan Cargo Terminal Operations system with TIACT at Tokyo's Haneda airport launched
  • All Nippon Airways & Qantas adopts iCargo platform
  • Passenger Reservation System adopted by MSC Cruises
  • TUI Group Airlines and Jetblue become  customers

2009

  • Fuji Dream Airlines, Malaysia Airlines, SriLankan and SpiceJet become customers
  • bmi selects iFly for its Loyalty Management System
  • easyCruise goes live with Cruise Partner™

2008

  • Enerjet, Austrian Airlines, KLM and Oman Air  become customers
  • Acquires US-based VISaer Inc., a leader in aviation maintenance and engineering (M&E) software solutions
  • Becomes Microsoft Gold Certified Partner
  • Opens its third centre in India at Brigade Tech Park, Bangalore

2007

  • General Atlantic LLC invests for a minority stake in IBS
  • Vail Resorts Inc. and Iberia become customers
  • Obtains ISO 27001:2005 certification

2006

  • Opens center at Tokyo
  • Nippon Cargo Airlines (NCA) becomes the launch customer for iCargo
  • Acquires Discovery Travel Systems, L.P. (DTS), Washington DC, USA, marking entry into the leisure travel and tour industry
  • Forges alliance with Hotel Booking Solutions incorporated (HBSi) for Demand Management Systems in the hospitality business

2005

  • Signs contract with BAA for delivery of enhanced version of IDAHO for Terminal 5 at Heathrow
  • Three Leading Airlines join iCargo Initiative
  • Opens its sixth development center in Infopark Cochin, India

2004

  • Implements project Chameleon, the cargo terminal operations system, for Emirates & Dnata
  • Emirates & Cathay sign up for Crew Tracking System

2003

  • Qatar Airways joins the IBS client list
  • Acquires Avient Solutions from Honeywell

2002

  • Acquires TopAir, a versatile and fully integrated flight management solution
  • Bags major contract for upstream Oil & Gas logistics
  • Initiates iRes - the new-generation PSS

2001

  • Forms alliances with Oracle Corporation, Sun Microsystems and BEA Systems
  • Starts operations in Australia

2000

  • Joint Venture partnership with Atraxis
  • Starts operations in the USA

1999

  • Bags first contract for Travel Documentation Valuation System.
  • Sets up Center of Excellence for technology research and consulting

1998

  • Starts operations in the Middle East
  • Initiates the re-engineering project on Crew Training Management system of Swissair

1997

  • Commences operations from Technopark, Trivandrum, India
  • Starts operations in Europe