Amadeus ranks first for R&D spend: EC
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Amadeus has revealed it invested €568.4million in research & development (R&D) in 2014, taking its total investment in R&D between 2004 and the end of 2014 to more than €3.5billion.
According to the European Commission, the company spent more on R&D than any other travel company in the region in 2014.
The European Commission has recognised Amadeus as the number one European R&D investor in the travel and tourism sector as part of its annual EU Industrial R&D Investment Scoreboard. The scoreboard, which examines R&D investment by both European and worldwide companies, ranks companies based on total R&D investment.
Herve Couturier, executive vice president of Research & Development at Amadeus said: “It’s a privilege to receive this recognition from the EC. Our R&D team is over 5,000-people strong and between 2004 and the end of 2014 we have invested over €3.5billion in total R&D across Amadeus. However, what is most important is the fact that thanks to these investments we are improving the travel experience – from managing flight disruptions to streamlining the process for booking a passenger’s ticket online. And making this difference is what drives our passion to continue shaping the future of travel.
“We want to be recognised as the best R&D team in travel to support the continued growth of the company. At the same time we are driven by our ambition to be the very best in innovation & quality and the most reliable in delivery. We are a global team of very talented people that together work to create the solutions our industry and our customers demand.”
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