New Delhi: Leading IT solutions provider to the aviation industry, IBS Software, has entered into a contract with Lufthansa Cargo AG for the implementation of its air cargo solution, iCargo.
The air cargo solution will manage the entire air cargo movement of Lufthansa Cargo AG worldwide. Lufthansa Cargo AG is the airline cargo service provider in the Lufthansa Group.
The deal worth Rs 700 crore has three segments and IBS Software has major share of the contract. The contract is one of the largest IT system deals by Lufthansa Group, the spokesmen of IBS Software and Lufthansa Group said in a joint press conference at Thiruvananthapuram.
"IBS being an IT product company, we consider this as a landmark agreement", V K Mathews, executive chairman of IBS said. IBS was selected from among 400 solution providers after a selection process that lasted 18 months, he pointed out. The contract is for a period of ten years.
IBS Software's new generation iCargo will be deployed globally across 100 stations and will have user base of over 4000 staff members. Lufthansa Systems will provide comprehensive consulting services during and after the implementation phase. IBM is in charge of system integration.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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