Hospitality industry leveraging technology to automate processes | Binu Mathews, CEO, IDS Next


ids_next_sme_post_imageWhile big Indian IT companies bet high on BFSI (Banking Financial Service and Insurance) sector, Bangalore based IDS Next, a hospitality software solutions provider, is betting big on hospitality sector. Not only that, IDS Next unlike other IT behemoths that depends on Western market, gets its major chunk of revenue from Indian, Middle East and African markets. Its strategy of ‘Make in India plus Market in India’ has worked so well that now Binu Mathews, CEO, IDS Next proudly claims to command a 60 % of market share in the organized mid and five star chains segment in India. Excerpts from an exclusive conversation with Sameer Bakshi of SMEpost.com. Read More

Published in: SMEpost

By: Sameer Ranjan Bakshi

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About hospitalitytechnology

Technology is making greater and greater inroads into our lives. Right from when we wake up in the morning to when we head to sleep – we cannot imagine a life without the gadgets and gizmos that make life easy and interesting. When we travel and stay in hotels, our expectations are no different. We expect all the technological amenities we easily access at home if not more. The hospitality industry in increasingly accessing technology to wow guests, optimize their use of manpower, control hotel functions in an integrated manner and on the whole reduce costs while increasing efficiency. This blog is meant to track these technological changes happening in the hospitality sector. The growing move towards sophisticated hotel ERP, the growing use of cloud computing, the rapidly changing customer facing devices – smart phones and iPads, the increasing security concerns and more. Expect to find interesting articles, whitepapers, thoughts, and observations. Feel free to comment and even mail us content that you don’t mind posted here. Happy reading!
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