India, July 13 -- IBS Group announced the launch of Naviq Technology, a new vertical AI company purpose-built for the global travel industry. The launch marks a major milestone in the Group's long-term strategy to achieve leadership in the travel tech industry worldwide.
Launch Overview
- IBS Group has unveiled Naviq Technology, an AI-first vertical company dedicated to the global travel industry.
- This marks a strategic milestone in IBS Group's ambition to become a worldwide leader in travel tech.
Global Footprint
- Naviq begins operations immediately with 16 offices worldwide.
- Plans include rapid expansion to 5,000+ professionals within five years, focusing on AI researchers, data scientists, and travel domain specialists.
Core Focus Areas
- Operational efficiency: Streamlining airline, airport, cruise, and hospitality operations.
- Customer experience: Personalizing traveler journeys with AI-driven insights.
- Revenue growth: Unlocking new streams through intelligent automation and data-driven strategies.
Partnerships & Clients
- Naviq will collaborate with airlines, airports, cruise lines, vacation providers, and hospitality groups to drive large-scale transformations.
- For existing IBS Software clients, Naviq will serve as the preferred implementation and transformation partner.
Strategic Vision
- IBS Group sees Naviq as a structural shift in travel tech services: combining deep industry expertise with an AI-first model built for speed and commercial impact.
- Backed by investors like Apax Partners, Naviq is positioned to help travel companies move beyond AI experimentation into tangible results at scale.
This launch is significant because it signals a new wave of AI adoption in travel technology, where companies are no longer just experimenting but embedding AI into their core operations.
Published by HT Digital Content Services with permission from Travel Media.