Comprehensive Company Market Research Report - IDS Next

Company Overview

Name:

IDS Next

Mission of the Company:

To empower the global hospitality industry with smart solutions through advanced cloud software that streamlines both back-end and front-end hospitality operations.

Founded:

1987

Key Founders:

No information is available

Key People:

Suresh John: Founder and Executive Chairman

Vissal Mathew: Founder and Executive Vice Chairman

Binu Mathews: Chief Executive Officer

Jimmy Shaw: Director

Rajesh P Yadav: Chief Revenue Officer

Manoj K Mohanty: Senior Vice President Sales South Asia & South East Asia

Headquarters:

Bangalore, India

Number of Employees:

No information is available

Revenue of the Company:

No information is available

What is the Company Known For:

IDS Next is known for being a global leader in hospitality ERP software, providing full-stack cloud solutions that cater to various sectors including hotels, restaurants, wellness, and leisure operations.

Products

Cloud Products

1. FX Front Office Management

Description: Comprehensive management of front office operations with a single calendar-view screen.

Key Features:

Calendar View

Real-Time Room Availability

Easy Filtering

Chain Level Data Definition and Guest Profile

2. FX Front Desk

Description: Cloud-based mobile solution, enhancing front office operational efficiency.

Key Features:

Multi-property Reservation

Tablet PMS

Intuitive User Interface

Continuously engage guests

3. FX POS

Description: Streamlined operations for restaurants and bars with flexible web and mobile tech.

Key Features:

Competitive Sales Analysis

Menu Management

Inventory Management

Real-time Analytics

4. FX Kitchen Display System

Description: Modern cloud kitchen management for restaurant operations.

Key Features:

Order Tracking

Customisable Interface

Real-time Order Status

Integration with POS

5. FX Housekeeping

Description: Simplifies the housekeeping operations of hotels.

Key Features:

Real-time Updates

Easy Reporting

Android Mobile App

Task Management

6. FX GeM

Description: Incorporates social distancing and mobile engagement.

Key Features:

Complete Contactless Journey

Touchless Check-In/Check-Out

Device-Based Service Requests

Digitized Restaurant Menus

7. FX Guest Service

Description: Web-based and mobile app platform for managing guest service requests and complaints.

Key Features:

Faster Allocation

Mobile Request Lodging

Instant Notifications

8. FX Steward

Description: Mobile app for restaurant stewards to take and process guest orders.

Key Features:

Real-Time Updates on Tables

Quick Order Confirmations

Personalised Dining Experience

9. FX Pulze

Description: Mobile application providing real-time business-critical data.

Key Features:

Comprehensive Display

Daily Detail Update

Revenue Comparisons

10. FX Sales and Catering

Description: Manages bookings from simple events to complex functions.

Key Features:

Provisional Proforma Invoice

Amendments Tracking

Premium Charges for Ad hoc Pax

11. FX Spa

Description: Manages wellness operations on a single platform.

Key Features:

Appointment Calendar

Guest Profiles

Staff Management

On-Premise Products

1. FortuneNext Property Management System

Description: Comprehensive hotel ERP for varied hospitality categories.

Key Features:

Front Office

Point of Sales

Banquets Management

Sales & Marketing

HR & Payroll

Hybrid Solutions

1. Legend

Description: Combines cloud, mobility, and on-premise solutions.

Key Features:

Contactless operations

Mobile Key for Guest Rooms

Comprehensive System Integration

Recent Developments

Recent Developments:

1. Opening of IDS Next’s New Headquarters in Bangalore:

Date: 12 September 2024

Description: IDS Next inaugurated a new state-of-the-art head office in Manyata Tech Park, Bangalore.

New Products Launched:

1. FX BYT Celebrates 1MM Restaurant Reservations Milestone:

Date: 22 January 2024

Description: FX Book Your Table crossed the milestone of 1 million restaurant reservations.

New Features Added to the Existing Products:

1. Integration with Reserve with Google:

Date: 12 December 2023

Description: IDS Next's booking platform FX Book Your Table integrated with Reserve with Google, enabling direct reservations via search and maps.