Oommen Chandy Inaugurates IBS' Second Software Development
Centre in India
Cochin (Oct 3, 2005) Shri. Oommen Chandy, Chief Minister of
Kerala, today formally inaugurated IBS' software development
centre at Infopark, Cochin. This is IBS' sixth centre in the
world and second such centre in the state.
This is a major milestone for the Trivandrum-headquartered IBS
and in line with the company's ambitious growth plans.
Commencing with an employee strength of 57 in 1997, IBS plans to
end the financial year with more than 1000 employees. An
aggressive recruitment drive is currently on to meet these
target. Plans are also afoot to build an IBS campus within
Technopark, Trivandrum and one at Cochin.
According to Mr. V K Mathews, Chairman & Managing Director, IBS
Software Services, "Today is a significant landmark in the
history of IBS. Our move to Cochin amply demonstrates our
commitment to the state of Kerala. The opportunities in the
state, its forward-looking IT policies and the quality of its
manpower give home-grown companies like ours an edge over many".
The IBS Group with its successful global business model has made
significant progress in the travel, transportation and logistics
(TTL) domain and plans to close the financial year with
contracts worth US$50 million (Apr'05-Mar'06). IBS' success and
growth plans got a fillip when Air New Zealand Cargo, Gulf Air
and South African Airways Cargo joined it in the development of
a next generation air cargo and logistics management system,
"iCargo". IBS has also forged a successful business alliance
with Cendant TDS (a leading Fortune 100 company) for the
development of a new generation Passenger Services System, aiRES
(formerly known as iRes). These are just a few of its major
initiatives in the TTL domain.
IBS is a leading multi-national IT corporation that provides IT
solutions for TTL with a clientele that includes three of the
world's top airlines, two world-renowned airports, and two of
the top five oil companies.
About IBS Software Services
The IBS Group (IBS) is a leading IT solutions provider for the
global Travel, Transportation and Logistics industry. A
specialist in the domain, IBS offers a range of software
solutions that manage mission-critical operations of major
airlines, airports, oil and gas companies and seaports
world-wide. In addition, IBS offers services that include
software development, business and technology consulting,
turnkey solutions, customer support services, application
maintenance, and business process outsourcing. IBS is SEI CMM
Level-5 assessed, ISO 9001:2000 and TickIT certified, and
operates two software production and competence development
centres in India. With some of the world's leading corporations
as clients, IBS has business operations in the Americas, Europe,
Asia-Pacific as well as the Middle East and Africa regions. More
information about IBS can be found on the web at www.ibsplc.com.
For media enquiries, contact Pradeep P. Suthan at
+91-471-2700080 or at pradeeps@ibsplc.com.
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