The economy would revive by December 2023
Aviation Update|July 2020
IBS software's chairman and CEO Mr. V K Mathews tells Aviation Update editor-in-chief, Mr. B Kartikeya, on the current business opportunities, economic growth and the government's role to support the civil aviation & logistics.
Mr. B Kartikeya

Brief us the journey of IBS since its inception to becoming the number one IT solutions company for the air transportation industry.

IBS Software was founded in 1997, with a vision to redefine the way the global travel, transportation and logistics industries managed their businesses. Having served Dubai-based Emirates as head of IT for over a decade and half, I set out to fulfil this vision with just 55 employees joining me in my entrepreneurial venture.

IBS Software, today, is a multinational corporation, serving over 200 clients worldwide, employing over 3,000 professionals from 30 different nationalities. We have acquired seven international companies (in Europe, USA and India) during our 23-year-old journey.

With the aviation sector has taken a big hit during this pandemic, how is it going to affect your services and your business?

The pandemic has given our economy a hard blow. Sectors like retail and automobile have been adversely affected. One of the biggest victims of COVID-19 is the travel and tourism sector, and it may take a lot of time for the industry to regain its position in the market.

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