IT Solutions refers to (i) the development and the provision of IT solutions and (ii) the provision of consulting, bespoke system integration and migration services, application hosting, training and other services to travel providers.
Our current product offering primarily addresses the Passenger Service Systems (PSS) segment of the airline IT market, enabling processes such as central reservation, inventory management, departure control and e-commerce, as well as providing direct distribution technologies. We are also expanding our airline IT solutions offering with new modules such as Revenue Accounting and Revenue Management and we are seeking to grow our market share within the nonairline markets, including the hotel, airport and rail IT markets.
Travel providers have historically developed many of their core technology systems in-house, but given the complex operating environment and greater competitive and cost pressures they are increasingly looking to replace inflexible in-house legacy systems. By moving towards outsourced IT systems with a provider of scalable next-generation technology platforms such as Amadeus, our customers enhance the quality and functionality of their product and service offerings and improve their ability to respond to changing market conditions, while reducing their spend on development and ongoing maintenance of their legacy systems and converting the fixed costs associated with such systems into variable costs.
In addition to our airline IT portfolio of solutions, we are gradually expanding into the provision of IT solutions to other travel providers, mainly hotels and ground handlers. Building in our unique experience in delivering mission-critical systems for airlines, Amadeus is working in partnership with hoteliers and ground handlers to develop next generation solutions for their business.
The principal service of this business area is the Amadeus Altéa Suite, a newgeneration set of passenger management solutions which address airlines' missioncritical operating functions: sales and reservations, inventory management and departure control.