• Annual EC list of top 1,000 companies for R&D published
• €347.5m investment in 2011 ranks Amadeus top again in travel and tourism
Amadeus, a leading technology partner for the global travel industry, was recently ranked by the European Commission as one of the chief companies in Europe for investment in research and development.
The 2012 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 2011 and ranks them according to the total amount invested.
Amadeus invested 347.5 million euros during 2011, an increase of 6.7 percent on 2010, to research and develop technologies for use in the travel sector. This investment represented 12.7 percent of revenues and helped the company maintain it number one position in Europe by total R&D investment in the area of travel and tourism.
“This further emphasises our reputation for innovation, with many years of experience in pioneering travel industry products and initiatives such as Altéa and, more recently, Amadeus Featured Results,” Hervé Couturier, Executive Vice President, R&D at Amadeus, said.
In May 2012 the European Investment Bank granted a 200 million euros loan to Amadeus to finance the research and development of a variety of projects in the area of IT for airlines, airports, hotels, and rail between 2012 and 2014.
Total investment between the years 2004 and 2011 was more than 2 billion euros.
Amadeus has sixteen R&D centers around the world (Nice, London, Sydney, Antwerp, Aachen, Frankfurt, Boston, Miami, Toronto, Strasbourg, Tucson, Bangalore, Bogota, Warsaw, Istanbul and Bangkok), which currently house a team of over 4,500 people.