Global travel technology leader, Amadeus, today announces the launch of its Amadeus Next startup initiative at the Echelon Thailand 2015 conference, the gateway to Asia’s burgeoning tech startup community.
Amadeus Next leverages Amadeus’ technology, expertise, reach and funding, to evolve new and original ideas in travel, empowering travel startups in Asia Pacific to shape the future of travel. It also serves as a driving force to build an ecosystem of likeminded partners and organisations that are excited about travel technology, and looking to challenge the status quo.
To date, there are six travel technology startups on board, including Klook, Orahi and Triposo and TopDocs, a platform for medical tourists to book a seamless medical travel experience.
“Amadeus is at the forefront of the travel technology industry and a major player in the travel startup scene in this region. So partnering with ‘Amadeus Next’ was a no brainer. For our success and to go grow quickly we need access to leading travel technology, expert advisory from a global network with funding opportunities which Amadeus is providing. ” said Cassandra Italia, CEO & Founder – TopDocs.
Additionally, JungleVentures, CyberAgent Ventures Techsauce and Hubba, Thailand’s startup leader in terms of co-working spaces, technology events, technology media and startup education, have joined Amadeus Next.
Amartit Charoenphan, Founder, CEO Hubba, commented that “It takes a leader to see changes and own the future rather than being reactive to technological disruption, and that is exactly what Amadeus does. We believe that big corporations have a lot to offer to startups, but Amadeus Next goes one step further. They truly work and think like a startup and what they’re doing will be pivotal to the industry and to startups in the travel technology space”.
What Amadeus Next offers startups:
- Technology: Startups gain access to Amadeus’ technology and solutions to build and validate the Minimum Viable Product, as well as leverage decades of experience in travel technology.
- Expertise: Startups can work with Amadeus experts to incubate and validate new ideas and businesses. They will also receive mentoring and guidance to navigate their way to success.
- Reach: Startups will be able to connect to the right network with Amadeus’ support to test, validate and pilot new business models with Amadeus customers and industry players.
- Funding: Amadeus will help startups to connect to investors and venture capital around the world. Globally, Amadeus also has a dedicated Amadeus Venture Fund which offers early stage minority investments in startups.
Simon Akeroyd, Vice President, Corporate Strategy and Business Development, said, “Amadeus Next is not a short-term project or a one-off investment, it’s a long-term partnership and commitment to create a collaborative travel tech startup community in Asia Pacific. To truly shape the future of travel, we need to work together, across the industry, and with travel players big and small, to create a collaborative ecosystem with the traveller at the centre. ”
Amadeus’ participation in Bangkok Startup Weekend 2015 earlier this year was one of the preliminary activities from Amadeus Next to work with the Asia Pacific startup community.