It will select one of the finalists to become part of the Amadeus Next community, giving them access to its world-leading technology, expertise, reach and – should the stars align – funding.
Pitch It To Me, now in its third year, gives young Australian travel companies the opportunity to gain exposure in front of an influential industry audience, leading to opportunities they may not otherwise have.
Bart Bellers, Senior Advisor Corporate Stategy at Amadeus IT, one of the world’s biggest travel tech and distribution companies, says Amadeus Next, founded late last year, responds to three key industry issues.
“There’s not enough startups in travel compared with other industries like fin tech or med tech,” he says.
“Problem two is that many startups don’t really understand the industry.
“They also find it difficult to connect with travel companies.”
He says Amadeus as a mature, global business also wants to connect more deeply with innovation and innovators.
“Amadeus can learn a lot from startups by adopting their entrepreneurial mind-set.”
New ideas and ways of thinking are crucial to growth and creativity.
“We are not looking for the next OTA, we are not looking at the next meta-search,” explains Bellers.
“We are looking at new things, the new business models that are arising.”
Areas of interest include:
- Internet of Things
- Sharing Economy
- Business Intelligence
He says the response has been enormous with more than 200 applications to join or partner Amadeus Next since it was founded last November.
Of those 27 startups have been accepted while there are now 35 partners.
“It’s been amazing ride. We have been overwhelmed with the response.”
TRAVELtech is a partner of Amadeus Next and is on the lookout for new and interesting companies.
Applications are being accepted for the 2016 edition if Pitch It To Me.