We have turned innovation into our growth driver, placing ourselves at the forefront of technology development for the travel sector. Since 2004, the company has invested around 2 billion EUR in R&D (344 million EUR in 2011). The 2011 European Union Industrial Research and Development (R&D) Investment Scoreboard, an annual report published by the European Commission, highlighted Amadeus as one of the leading companies in Europe for investment in R&D.
Amadeus' technology increasingly embraces open systems which provide clients with greater flexibility and features, as well as competitive, functional and operational benefits. Today, 85% of our software portfolio is open system based. This commitment to product innovation and technological excellence has, in our view, given us a first-mover advantage in areas such as airline e-commerce technologies and has enabled us to build a powerful processing platform, which we continuously seek to enhance through functionality and efficiency improvements.
Our business is structured around two key related areas - Distribution and IT Solutions, which generate significant synergies.