Thiruvananthapuram, Feb 9 (IANS) IBS Software, IT systems provider to travel, transportation and logistics industries, Tuesday said it had won the 'IT Systems Provider of the Year' award at the Air Cargo India 2010 event in Mumbai.

'This award is a recognition of our success in introducing a new paradigm in IT solutions for business problems that plague the industry,' Senior Vice President and Global Head of Cargo Line of Business for IBS Akshay Shrivastava said in a statement here.

He said the company has built and delivered a number of next-generation solutions for the aviation industry.

The statement said the award for company's cargo management solution, iCargo, was based on an online poll by STAT Trade Times, organisers of the event.

STAT Trade Times is considered one of the most authoritative journal in Asia Pacific providing in-depth coverage for the shipping, transport, aviation and tourism (STAT) industries.

IBS' cargo management solution was developed four years ago in collaboration with six leading airlines of the world.

Over 20 cargo carriers, including All Nippon Airways, Austrian Airlines, Kingfisher Airlines, Nippon Cargo Airways, Qantas Freight, Kingfisher Airlines, S7 Cargo, SpiceJet, have contracted for this cargo management solution which is increasingly being seen as a viable substitute to the expensive legacy systems being used for many years now.