Wednesday, April 16, 2025

IBS Software Appoints Somit Goyal as New CEO

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Software-as-a-Service (SaaS) provider IBS Software has announced the appointment of Somit Goyal as its new Chief Executive Officer (CEO), effective immediately. Goyal takes over from Anand Krishnan, who served as CEO since 2018.

Somit Goyal brings a wealth of experience from his previous roles at top tech companies, including Microsoft, SAP, Oracle, and AOL. Most recently, he was the President and Chief Operating Officer (COO) at Pluralsight, another SaaS company. In this role, he was responsible for overseeing product development, engineering, and go-to-market strategies.

VK Mathews, Executive Chairman of IBS Software, expressed confidence in Goyal’s capabilities. “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,” said Mathews.

During his 11-year tenure at Microsoft, Goyal held several leadership positions in strategy, operations, sales, and customer success. This extensive background has equipped him with the skills necessary to drive innovation and efficiency at IBS Software.

Goyal himself is optimistic about his new role. “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,” he said.

IBS Software is known for helping travel companies enhance their core business processes through innovative SaaS solutions. With Goyal at the helm, the company aims to further accelerate its growth and continue to be a leader in the travel technology sector.

The appointment of Somit Goyal marks a significant milestone for IBS Software, as it looks to build on its successes and expand its impact in the industry. The company’s focus on leveraging cutting-edge technology to improve travel industry operations aligns well with Goyal’s expertise and vision.

Overall, the future looks promising for IBS Software with Somit Goyal leading the way, bringing his extensive experience and strategic insights to the role of CEO. This leadership change is expected to drive the company forward, fostering innovation and operational excellence in the rapidly evolving SaaS landscape.

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