IBS Software, a leading SaaS solutions provider to the global travel industry, will look at more business opportunities in the airlines industry as well as the loyalty programmes segment in India, which is also a "price sensitive market", according to a top company official. Sounding optimistic about the prospects for the global travel industry, the company's Founder and Executive Chairman V K Mathews said the Indian market has huge growth potential. The Singapore-headquartered Software as a Service (SaaS) solutions provider has around 5,000 staff and has about 200 clients spread across aviation, travel and cruise, hospitality, and energy and resource segments. Emirates, British Airways, China Airlines, Cathay Pacific, Etihad, Japan Airlines, KLM, Lufthansa, Virgin Atlantic, Hyatt, Hilton, Chevron, ADNOC and Royal Caribbean International are among its clients, as per the company's website. In India, IBS is implementing software solutions for air cargo operations, and also the staff