Amadeus is a leading transaction processor for the global travel and tourism industry, providing advanced technology solutions to our travel provider and travel agency customers worldwide. Our business is structured around two key related areas, Distribution and IT Solutions, which generate significant synergies. On the one hand, we act as an international network providing comprehensive realtime search, pricing, booking, ticketing and other processing solutions to travel providers and travel agencies through our Distribution business area. On the other hand, we offer travel providers an extensive portfolio of technology solutions which automate certain mission-critical business processes, such as reservations, inventory management and departure control, through our IT Solutions.
Amadeus operates under a transactionbased business model that offers IT Solutions to virtually all players in the travel industry.
The company was born based on partnership, and partnership remains at the heart of our approach today. We improve efficiency at every step in the travel chain process, both with our people working and interacting with each other, and with our customers supporting their business goals worldwide.
Amadeus technology increasingly embraces open systems, which provide clients with greater flexibility and features, as well as competitive, functional and operational benefits. Today, a large portion 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.