IALS intends to purchase an enterprise software platform for the marketing, sale and management of travel product and to use this platform to operate three distinct businesses.
Those businesses are:
1) Licensing the travel system to travel businesses who require the company’s state of the art platform to operate their business in today’s interconnected and increasingly mobile connected marketplace;
2) use this platform to operate its own private label travel businesses for those entities who want a complete turnkey solution to their travel distribution needs, not just a technology solution; and
3) to offer the combined products of its customers as well as additional travel products to affinity groups who wish to provide their employees/members/associates with a comprehensive travel program.
By using one platform to in effect operate three distinct businesses IALS will be able to maximize its investment in a technology platform and minimize the risk that a downturn in any one of its business areas will significantly affect the company’s overall earnings.
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