About SITA
SITA is a company based in Le Grand Saconnex (Switzerland) founded in 1949. SITA has completed 6 acquisitions, including ASISTIM, CCM Group and Materna IPS. SITA offers products and services including SITA Baggage Management, SITA Border Management, SITA Communications, SITA Passenger Processing, and SITA APIs. SITA operates in a competitive market with competitors including Amadeus, IBS Software Services, Portside, Rockwell Collins and Veryon, among others.
- Headquarter Le Grand Saconnex, Switzerland
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Sita Information Networking Computing (India) Private Limited
- Date of Incorporation 13 Jan, 2003
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$95.76 M (USD)115.18as on Mar 31, 2023
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Net Profit
$18.34 M (USD)292.3as on Mar 31, 2023
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EBITDA
$78.74 M (USD)162.85as on Mar 31, 2023
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Latest Funding Round
$400 M (USD), Debt – Conventional
Jul 07, 2022
- Investors
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Employee Count
Not available
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Investments & Acquisitions
ASISTIM
& 5 more
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Products & Services of SITA
SITA offers a comprehensive portfolio of products and services, including SITA Baggage Management, SITA Border Management, SITA Communications, SITA Passenger Processing, and SITA APIs.
System for efficient baggage tracking and management in airports
Tools for secure border processing of travelers
Platform for air-to-ground communications in aviation
Solutions for streamlined airport passenger journeys
APIs for integrating air transport data and services
People of SITA
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Software Development Team
84 people
Sales and Marketing
50 people
Operations Team
40 people
Leadership Team
35 people
Senior Team
29 people
Finance and Accounting
26 people
Human Resources and Administration
23 people
Project Team
19 people
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Funding Insights of SITA
Investors in SITA
SITA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for SITA
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Investments & Acquisitions by SITA
SITA has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include ASISTIM, CCM Group and Materna IPS.
Investment portfolio details for SITA
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-powered analytics platform for airport operations is provided.
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Fuel optimization and safety management are delivered to aviation firms.
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Airline flight operation services are provided by ASISTIM in Germany.
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Locked | Locked | 2007 | Locked |
Complete acquisition details for SITA
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - SITA
Detailed financials for SITA
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- Profit trends
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Sita Comparisons
Peer comparison for SITA
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- Headcount comparison
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Competitors of SITA
SITA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amadeus, IBS Software Services, Portside, Rockwell Collins and Veryon, among others.
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SaaS-based operations management is provided for hospitality and aviation sectors.
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Software solutions are provided for airline, hospitality, and logistics sectors.
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Cloud-based aircraft data and management systems are provided.
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Avionics systems and software solutions are provided for aerospace applications.
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Cloud-based inventory management and maintenance forecasting are offered for aviation.
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Detailed competitors of SITA
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Latest news on Sita
Complete news archive for SITA
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- Brand-specific news history
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Frequently Asked Questions about SITA
SITA was founded in 1949 and raised its 1st funding round 68 years after it was founded.
SITA is headquartered in Le Grand Saconnex, Switzerland. It is registered at Le Grand Saconnex, Geneve, Switzerland.
David Lavorel is the current CEO of SITA.
Annual revenue of SITA is $95.76M as on Mar 31, 2023.
SITA was founded in 1949 and is based in Le Grand Saconnex, Switzerland. Cloud-based platforms for aviation operations are developed and maintained, covering areas such as baggage handling, passenger processing, fares distribution, border controls, and aircraft parts sourcing. Data exchange and communication tools are also facilitated, alongside support for commercial and community messaging needs in the global aviation sector.
SITA's top competitors include Amadeus, IBS Software Services and Portside.
SITA offers SITA Baggage Management, SITA Border Management, SITA Communications, SITA Passenger Processing, and SITA APIs.
SITA has made 6 acquisitions, including ASISTIM, CCM Group, and Materna IPS.
SITA has 1 investor. Key investors include European Union.