IBS wins ‘Cargo IT Systems Provider of the Year’ Award

Trivandrum, January 2008: IBS Software, a leading provider of new-generation IT solutions to the global Travel, Transportation and Logistics (TTL) industry, was declared the winner of the ‘Emerging Cargo IT Systems Provider of the Year’ award. This was announced at Air Cargo India 2008, an international event that concluded at the World Trade Centre, Mumbai, on 25th January. VK Mathews, Chairman and CEO, IBS Software, received this award from Michael Proffitt, CEO - Dubai Logistics City, at the ‘Gala Award Nite Dinner’ at the National Center for Performing Arts, Mumbai. IBS’ iCargo, a new-generation Cargo Management System (CMS), was chosen winner of the award based on factors such as functionality, technology used and the range of business benefits to airlines.

Receiving the award at the ceremony, Mr. V. K. Mathews, Chairman & CEO, IBS Group said, “We are extremely pleased about this recognition from the industry. We have always believed in helping our customers redefine the way they do their business, by providing innovative and transformational IT solutions. Our collaboration with six major cargo carriers, who formed the Core Group of Influence (CGI) to build the iCargo product, has helped us develop the most definitive next-generation CMS to enable airlines move away from decades old legacy systems.” Currently IBS’ cargo management systems are used by CargoJet and Northern Air Cargo in the Americas and by Avient Airlines in Europe. Other major airlines signed up are Nippon Cargo Airlines (NCA), All Nippon Airways (ANA) and Air New Zealand Cargo, with NCA due to go live with iCargo shortly.

Media major, STAT Times had instituted International Awards For Excellence in Air Cargo in various categories, including Air Cargo Carrier of the Year, Emerging Air Cargo Carrier of the Year, Air Cargo Integrator of the Year etc. Some of the winners in other categories include Emirates SkyCargo, Kingfisher Airlines Cargo and FedEx. The winners were decided on the basis of online voting by the worldwide readers of STAT Times.

About iCargo

iCargo is one product in the IBS Cargo suite of products. It is an integrated, system, which comprehensively addresses cargo reservations, capacity control, rating, load planning, cargo terminal operations, Ground Handling, Revenue Accounting and Yield Management requirements of cargo carrying airlines. iCargo has evolved as a new-generation full-fledged cargo and logistics management system, supporting the entire logistics supply chain from shipper to consignee, via the world-wide-web.

The value proposition of iCargo is that it helps airlines and ground handlers enhance cargo business profitability, accommodate changing customer service demands and respond quickly and effectively to changing market conditions and business situations, leveraging new-generation technologies, while reducing their total cost of spend on IT support and infrastructure, iCargo is envisioned to be the leading cargo and logistics management system for the air transportation industry, and the product design supports innovative business models and enables operators to respond efficiently to changing customer needs. The product is an inevitable and viable migration option for airlines, from the current legacy systems.

About Air Cargo India 2008

Air Cargo India 2008 is a sequel to AIR CARGO INDIA 2006 organized by STAT Times in November 2006. It aims at fulfilling the increasing need felt both in India and abroad to provide a common platform to deliberate on the prospects in the booming air cargo industry in the country. The event is an opportunity for the delegates to interact and exchange views with the key players of the industry from all over the world about the immense business possibilities in the emerging Indian air cargo market.

The conference also provides an occasion for the delegates to listen to decision makers from all sectors of the air cargo industry on a variety of relevant topics in sessions based on the theme ‘Opportunity of an Emerging Air Cargo Market'.