Dubai, UAE | Bangkok, Thailand - January 29, 2024 - In a monumental leap for the travel technology industry, two industry giants, iOL (formerly Illusions Online) and 11-Infotech, have officially joined forces, marking a historic collaboration set to redefine trade and connectivity across a substantial network of travel industry players. Both tech powerhouses in the travel & hospitality sector, the decision to form this strategic alliance reflects a shared commitment to innovation, growth, and delivering unparalleled solutions to their vast global clientele.
One of the key benefits arising from this groundbreaking collaboration is the seamless integration of 11-Infotech's powerful back-office & connectivity technology with iOL X, the leading global hospitality distribution platform developed by iOL. Travel Providers leveraging 11-Infotech's robust back-office technology will now gain effortless access to worldwide travel inventory and can seamlessly engage in trade with leading global hotel chains available on iOL X. The result is an ecosystem which promotes trade, accessibility and connectivity - empowering the travel industry to transact transparently and thrive with ease, in a dynamic and competitive global market.
Furthermore, the two technology leaders are now set to pioneer a multitude of strategic initiatives beyond distribution across 2024. Plans are in place to amplify iOL's powerful global payment solutions, closed-user group booking portals and business intelligence platforms across 11-Infotech's entire global client base. Both companies have also committed to make heavy investments in artificial intelligence and machine learning capabilities across their vast warehouses of shared data to provide strong and meaningful insight to several clients across the travel industry.
This strategic alliance is not merely a partnership; it is a catalyst for progress in the travel technology industry. As iOL and 11-Infotech unite their strengths, the benefits resonate across their extensive network of global clientele, setting new standards for innovation, collaboration, and service excellence in the ever-evolving world of travel technology.
