LisbonChallengeTourismDay-14-KatherineGrass-AmadeusVentures
-
Upload
beta-i-association-for-the-promotion-of-entrepreneurship-and-innovation -
Category
Small Business & Entrepreneurship
-
view
270 -
download
0
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
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