Japanese airline buys Kerala IT firm's cargo solution

Wednesday, 21 November 2007, 08:00 Hrs
Printer Print Email Email
Thiruvananthapuram: IBS Software Services has inked a multimillion five-year deal with Tokyo-based All Nippon Airways (ANA) to provide an integrated supply chain management solution for their cargo business.

ANA is Japan's second-largest domestic and international airline. It operates services to 49 destinations in Japan and on 22 international routes.

IBS, headquartered at the Technopark IT campus here, is a leading global provider of new-generation IT solutions to the travel, transportation and logistics industries.

According to a press release by IBS, the new-generation cargo management system - iCargo - will address current and future business requirements of ANA's entire airfreight operations, which has grown in revenue and load by over 20 percent in the last fiscal.

Toru Sato, senior vice-president, information technology services, ANA, said their decision to choose iCargo was prompted by the need for a system that would help them address the rapidly growing air cargo business around the world.

"We believe that iCargo, with its advanced functionality and adherence to industry best-practices, will help us improve service quality, enhance profitability by optimising capacity utilisation and conform to future requirements of the industry," said Sato.

ANA Cargo becomes IBS' second major customer in Japan.

V.K. Mathews, IBS chairperson and managing director, said the deal clearly indicated that iCargo was gaining market acceptance.

"Innovation is what differentiates iCargo from others. The system helps airlines regain control of their cargo business," said Mathews.

iCargo 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.
Source: IANS
SPOTLIGHT
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..