Friday, July 10, 2009

IBM India Plans New Takeoff in Aviation Space

Delhi: IBM India is viewing the aviation industry, one of the worst-hit sectors by the global economy downturn, as an opportunity to leverage its customized travel and transportation offering.
According to Giovvani Bissignani, director and CEO of IATA, airlines are expected to lose $9 billion this year while BMI-IBEF 2008 figures indicate the IT spend in the aviation industry will be $300 million in India.
"During the current recessionary phase, the airlines in India can leverage IBM solution to get process innovation, global airline expertise, and reduction in operational costs," said Sameer Batra, VP (distribution sector), IBM India and South Asia.
"There is a need to enable operational agility, including build fact-based decision enablement and continuous process compliance," he said.
India holds a significant position for IBM in its business strategy for South Asia. The country also has the second largest employee-base for the company after the US.
Incidentally, Madhavan Nambiar, secretary in the Civil Aviation ministry, has indicated that there will be a market for 1,000 general aviation aircraft by 2020, and expressed confidence that the industry would witness a revival.
10/07/09 Muntazir Abbas/CXOtoday.com
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