The sixth IBS centre in the world

Author: Pradeep P. Suthan

Source: articleage.com



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.