Hitit Computer Services

Summary

Hitit Computer Services is a travel technology company that provides commercial and operational IT systems for the airline and travel industry. It is headquartered in the ITU Arı Technopolis science park on the campus of Istanbul Technical University. Hitit is publicly listed at the Borsa Istanbul stock exchange since March 2022.[1]

Hitit Computer Services
Company typePublic
BİST: HTTBT
IndustryTravel technology
Founded1994
HeadquartersIstanbul, Turkey
Key people
ServicesPassenger Service Systems; Commercial and operational IT systems for the airline and travel industries
SubsidiariesSAAS Tourism Services
Websitehitit.com

Company Overview edit

Hitit was established as an airline and travel IT company by executives from Turkish Airlines in 1994.[2] The first solution developed by the company was Crane FF, a Loyalty Management System (LMS) for frequent-flyer programs, which became the most widely used airline LMS in the world by 2012.[3] Hitit introduced its new generation airline reservations system in 2004. The company opened an office in Dubai due to an increasing number of airline customers in the Middle East. Hitit is one of Turkey’s biggest software exporters: with 83% of its customer base being overseas and 92% of its revenues coming from exports, it became the 3rd largest service exporter of 2011.[4][5]

The company had two divisions until 8 April 2014 when the Loyalty Division of Hitit was acquired by the Amadeus IT Group.[6] The Airline Division of Hitit remains independent and continues to sell software to airlines and travel companies from Europe, Middle East, Africa and Asia.[7] The company was in Deloitte's Technology Fast 500 EMEA list in 2013,[8] and it is also an International Air Transport Association Strategic Partner.[9] Today, the company sells products covering a range from passenger service systems to financial, operational and loyalty management systems.[10][11] Recently, Pakistan International Airlines (PIAC) has acquired the services provided by HITIT.

See also edit

References edit

  1. ^ "CSD of Türkiye Public Disclosure Platform - Company Information". kap.org.tr. 19 April 2022. Retrieved 19 April 2022.
  2. ^ Erdinc, Ersun (August 2012). "Suya Konan Turna". Forbes Turkiye: 104–105.
  3. ^ "Archived copy". Archived from the original on 2014-04-14. Retrieved 2014-04-13.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "2011 Ödülleri". Archived from the original on 2014-10-10. Retrieved 2014-04-11.
  5. ^ "Hitit Bilgisayar'a Hizmet İhracatı Dalında Ödül". Archived from the original on 2014-04-14. Retrieved 2014-04-14.
  6. ^ O'Neil, Sean (April 8, 2013). "Amadeus acquires Hitit Loyalty". Phocuswire.
  7. ^ "Hitit Computer Services - Airline IT Solutions".
  8. ^ "Technology Fast 500™ EMEA Winners - Deloitte Global - Technology, Media and Telecommunication". Deloitte. Retrieved 9 August 2017.
  9. ^ "IATA - Directory of Strategic Partners". Archived from the original on 2014-04-13. Retrieved 2014-04-11.
  10. ^ "New routes, new revenues, new business models - Aviation Festival 2017". Terrapinn.com. 9 August 2017. Retrieved 9 August 2017.
  11. ^ sitesi, milliyet.com.tr Türkiye'nin lider haber. "Hitit Şirketler Grubu Amadeus ile anlaştı". Milliyet.com.tr. Retrieved 9 August 2017.

External links edit

  • Official website