Thiruvananthapuram, IBS Group on Thursday announced the launch of artificial intelligence company Naviq Technology that will focus on the global travel industry and will make an investment of $500 million in the firm in the next five years.
Naviq Technology will look to partner with global airlines, airports, cruise lines, vacation providers, and hospitality groups to lead large business transformations, modernise operations as well as adopt AI at scale to create new revenue streams.