Amadeus Commitment to Innovation Confirmed by Top Sector Rankings as European Leader for R&D Investment

  • Amadeus
  • 10.27.11
Amadeus has once again maintained its sector rankings as one of the leading companies in Europe for investment in Research & Development (R&D) by the European Commission (EC).

Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.

The 2011 EU Industrial R&D Investment Scoreboard, an annual report published by the EC, examines the largest 1,000 European companies investing in R&D during 2010 and ranks them according to the total amount invested.

Amadeus’ investment of €326 million during 2010 to research and develop technologies for use in the travel sector was recognized by the company maintaining the following rankings: 

·First place in Europe by total R&D investment in the computer services category
·Number one in Europe by total R&D investment in the area of travel and tourism

Amadeus also increased its overall ranking by 11 places, rising from number 78 in 2010’s report to number 67 out of the 1,000 companies ranked in 2011 – and up from number 89 in 2005. 

Innovation is one of the drivers behind Amadeus’ progress and growth, which has allowed the company’s technology to achieve an outstanding competitive position within the market.  Total investment since 2004 stands at more than €1.6 billion, reflecting a consistent investment every year of around 14.4 percent of consolidated revenues.

Jean-Paul Hamon, executive vice president, Development at Amadeus and head of the company’s software development, said, “Once again we are very excited that our investment in R&D has been highlighted by the well-recognized European Commission study and we are very satisfied with our top ranking in two business areas. We have a proven track record in innovating, with pioneering travel industry products and initiatives. R&D remains central to our progression as a large-scale technology leader.”

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