LisbonChallengeTourismDay-14-KatherineGrass-AmadeusVentures

14
Amadeus Shaping the future of travel June 2014 Katherine Grass Head of Innovation & Amadeus Ventures © 2014 Amadeus IT Group SA

Transcript of LisbonChallengeTourismDay-14-KatherineGrass-AmadeusVentures

AmadeusShaping the future of travel

June 2014

Katherine Grass

Head of Innovation & Amadeus Ventures

© 2

014 A

madeus I

T G

roup S

A

Amadeus is a technology company dedicated to the

global travel industry.

We are present in 195 countries with a worldwide team of more than 11,000 people.

Our solutions help improve the

business performanceof travel agencies, corporations, airlines,

airports, hotels, railways and more.

© 2

014 A

madeus I

T G

roup S

A

Page 2

_ About Amadeus1Amadeus in a few words

© 2

014 A

madeus I

T G

roup S

A

Page 3

_ Amadeus today3Robust global operations

© 2

014 A

madeus I

T G

roup S

A

1.6+billiontransactions processed per day

502+milliontravel agencybookings processed in 2013

615+millionPassengers Boarded (PBs) in 2013

95%of the world’s scheduled network airline seats

_ About Amadeus1

Page 4

Connecting the travel industry

© 2

014 A

madeus I

T G

roup S

A

Cruiselines

Hotels

Car rental

Ground handlers

Ferry operators

Ground transportation

Airports

Travel agencies

Insurance companies

Airlines

Page 5

We support the traveller life cycle

Post-trip

On trip

Pre-trip Buy/Purchase

Search

Inspire

_ About Amadeus1

© 2

014 A

madeus I

T G

roup S

A

Our solutions facilitate journeys and enrich the travel

experience for hundreds of millions of people every year.

to shape the future of travel

© 2

014 A

madeus I

T G

roup S

A

Page 6

_ Introduction1

We are working together with

our customers and partners

We have a clear purpose

© 2

014 A

madeus I

T G

roup S

A

Amadeus Ventures

© 2

014 A

madeus I

T G

roup S

A

Page 8

Future growth in travel_ Amadeus Ventures2

Total contribution of travel & tourism to global GDP (Euro billions)

Source: Economic Impact Travel & Tourism WTTC 2013

7,6804,4% per year

growth rate

© 2

014 A

madeus I

T G

roup S

A

Page 9

2.98 billion air passengers

2012 2017

3.91 billion air passengers

Source: IATA. Airline Industry forecast 2013-2017

31 % growth

Global air travel

Domestic & international air passenger growth to 2017

_ Amadeus Ventures2

© 2

014 A

madeus I

T G

roup S

A

Page 10

• Innovation Challenge. Speed of change and business model disruption increasing sharply.

• Innovation. Proactive early view of he innovation funnel to evaluate new ideas.

• Enhance capabilities. Looking for start-ups that will ultimately enhance the Amadeus portfolio to serve our customers better.

•Diversification. Investing in a wider array of business directions than the company can pursue itself

• Financial Returns. Financial gains on portfolio of companies.

Why did Amadeus create the Fund?

Strategic and Financial Goals

© 2

014 A

madeus I

T G

roup S

A

Page 11

Content & the Long-Tail

Data Lead Advertising & Personalization

Trip Experience

_ Amadeus Ventures22014 Innovation ThemesFocus on three areas of travel innovation

© 2

014 A

madeus I

T G

roup S

A

Page 12

Invest directly in early stage companies. Companies with at least a working prototype.

Looking for start-ups with exceptional teams, energy and relevant experience.

Maximum of €3 million per company.

Foster tight relationships with portfolio companies to help bring strategic value both to Amadeus and the start-up entity.

Page 12

Strongly prefer to co-invest with others. This typically means other venture capital companies (VCs), business angels and other strategic investors.

$

Business ideas with scalability

_ Amadeus Ventures2Investment CriteriaFocus on three areas of travel innovation

© 2

014 A

madeus I

T G

roup S

A

Page 13

Current PortfolioTwo businesses around the need of business travellers

Yapta is an airfare price assuranceservices for travelers. Its product,FareIQ, helps companies withheavy travel volumes to reducetheir spend by constantly trackingbooked airfares and flagging lowerrates when they become available.

2013

Cabify allows passengers to bookhigh end vehicles with drivers byusing their smartphone, PC orphone calls with real timeconfirmation. Services available in6 cities in Spain and in the capitalcities of Peru, Chile and Mexico.

2013

_ Amadeus Ventures2

© 2

014 A

madeus I

T G

roup S

A

Thank you

You can follow us on:

AmadeusITGroup

amadeus.com/blogamadeus.com

265ced1609a17cf1a5979880a2ad364653895ae8