IBS Software acquires Accenture Freight and Logistics Software
Summary
AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations. “Boosting the freight business is an increasingly critical priority for airlines and the AFLS acquisition consolidates latest innovations to accelerate growth, especially AFLS’ cloud-based collaboration platforms which deliver advancements in airline partnerships, a major focus area for carriers,” IBS Software said. The transaction is expected to help the firm to deploy its cargo and logistics management expertise in the ocean transportation sector. “The acquisition of AFLS is a strategically important milestone for our cargo and logistics business to broaden its global footprint, with ocean transportation being a natural adjacent industry in which to expand our expertise,” said Valayil Korath Mathews, Executive Chairman of IBS Software. CEO of IBS Software, Anand Krishnan, said: “AFLS will be pivotal in our wider mission to transform the global supply chain through digital innovation.”
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