Corporate Blog

Air mail is dead, long live air mail

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Not so long ago, air mail was considered the royalty of correspondence. But with the advent of email, instant messaging, and other digital technologies, many predicted air mail´s unretractable demise. Yet, IATA still reports that around 320.4 billion letters and post items continue to be sent every year and air mail cargo plays an essential role in their delivery. Air mail cargo is an important contributor to air cargo and with eCommerce continuing to boom, those numbers show no signs of relenting. And like all things analogue and digital, security is a critical area of attention, in this case...

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Vipin Kumar Radhakrishnan, General Manager, Consulting and Digital Transformation Team, IBS Software

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Innovation is at the core of IBS Software and fundamental to our vision and mission. In this blog series, we hear from colleagues on how they personally engage with the topic of innovation. What does innovation mean to you? It's about cultivating great ideas into a reality; a journey of experimentation to find new and better ways to solve problems, stay relevant in a changing world, and deliver continuous business benefits. How do you foster innovation? It's a team sport and doesn't always come from the top down. We encourage colleagues to look at new ways of doing things, remove their fear of...

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Padmaja Padmakumari, Lead Product Manager, Cargo and Logistics Solutions, IBS Software, Trivandrum, India

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Tell us a bit about you, your role and what you enjoy I manage the revenue management and analytics product vertical for the Cargo & Logistics division of IBS Software. In this role, I am responsible for designing functional solutions and integrating the revenue management, analytics concepts, and best practices into air cargo business process and models. What I find most enjoyable is meeting different customers, partnering with them to solve key business challenges, and supporting their transformation journeys. I work on conceptualizing functional designs with customers' business needs in...

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Vishnu Prasad Prabhu A V, Senior Product Manager, Consulting and Digital Transformation Team, IBS Software

Innovation-and-me-Vishnu-Prasad

Innovation is at the core of IBS Software and fundamental to our vision and mission. In this blog series, we hear from colleagues on how they personally engage with the topic of innovation.   What does innovation mean to you? It's an ambiguous activity, a process of pain and achievement. We place bold bets in the face of uncertain outcomes and a willingness to persevere despite impediments, criticism, and self-doubt. What do you enjoy about innovation?  The unpredictability. The innovation mindset always looks for chance results. You cannot expect innovation to happen in a time-bound...

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Applying proven Machine Learning techniques to optimize airline revenues

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Optimizing pricing across sales channels with modern revenue management practices has long been a challenge for airlines. But the industry´s gradual transition to retailing with offers and orders will finally enable greater pricing flexibility. While dynamic pricing gives us the ability to quickly change price points, overcoming the limitations of the 26 RBDs to optimize core and ancillary product pricing rests with continuous pricing. Many systems, processes, and practices will need to change to reach the desired end-state but how can airlines begin adopting modern pricing techniques to incre...

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