Business

IBS Software Appoints Somit Goyal As New CEO

IBS Software, a leading provider of Software-as-a-Service (SaaS) solutions, announced on Monday the appointment of Somit Goyal as its new Chief Executive Officer (CEO), effective immediately.

Goyal succeeds Anand Krishnan, who has led the company since 2018.

Goyal brings a wealth of experience from his previous roles at prominent technology companies, including Microsoft, SAP, Oracle, and AOL.

Most recently, he served as President and Chief Operating Officer (COO) of Pluralsight, a SaaS company, where he was responsible for overseeing product development, engineering, and go-to-market (GTM) strategies.

VK Mathews, Executive Chairman of IBS Software, expressed confidence in Goyal’s leadership abilities.

“His impressive experience in operating global SaaS businesses, leading diverse teams, and managing all facets of enterprise software make him exceptionally well-suited to lead IBS Software during this exciting phase of growth,” Mathews said.

During his 11-year tenure at Microsoft, Goyal held several key leadership positions in strategy, operations, sales, and customer success, gaining a comprehensive understanding of the SaaS industry.

Goyal expressed enthusiasm about his new role and the future of IBS Software.

“With a broad portfolio of industry-leading products, marquee customers, and a talented team with deep domain expertise, IBS Software stands at the forefront of travel industry innovation,” Goyal stated.

IBS Software specializes in helping travel companies accelerate innovation and enhance efficiency across various core business processes.

Under Goyal’s leadership, the company aims to continue its growth trajectory and reinforce its position as a leader in the travel industry’s technological advancements.

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Mankrit Kaur

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