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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

TSX:GXI.R - Post Discussion

Guestlogix Inc > Initium was largest competitor and number 2 in the world.
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Post by Infirstmoney on Dec 31, 2013 10:07am

Initium was largest competitor and number 2 in the world.

By taking them out they gained access to new markets (like railways) and geographic areas (like asia) and they gained very impressive technology which many experts agree was intergrated and meshed very well with their own by the end of 2013.
Comment by wysinwyg on Jan 03, 2014 5:58am
Unfortunately the Initium technology was never successfully deployed, only with caveats and missing functionality.  Check out the failures like Jet2, AirAsia, Germanwings, Finnair Catering initial deployment attempts, Lufthansa worldshop, etc etc..... To quote a customer "Initium are sh1t, but less sh1t than the competition". That was a quote made direct to me from the number three ...more  
Comment by Infirstmoney on Jan 03, 2014 1:05pm
I agree  with much that you said. GXI did have a lot of growing pains, that is is why they went through a review. The Intium purchase was more for their contacts and customer book. The Intium technology was streamlined and intergrated into GXI.  GXI new that they could not go it alone, just using their existing solutions and technology. This is why they partnered up with the biggest ...more  
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