Hitit Bilgisayar Strengths, Domain Expertise, and Key Differentiators
Hitit's strength lies in its comprehensive suite, Crane, offering a spectrum of operational solutions encompassing passenger services, ground-handling, and industrial-standard accounting. Its ability to integrate high-tech solutions with cost-effectiveness has attracted over 70,000 travel agencies, processing a staggering 50 billion flight queries annually.
Hitit Bilgisayar Recent Developments
In March 2022, Hitit Bilgisayar Hizmetleri A.S. entered the public trading arena on Borsa Istanbul, releasing 27.6% of its shares at 12.25 TL each, resulting in a capital raise of 431 million TL. Despite prevailing global challenges, the IPO resonated with a broad spectrum of investors, surpassing anticipated demand threefold, indicating robust investor confidence and backing.
In May 2021, Hitit extended its partnership with Enhanced Partner Identification and Connectivity (EPIC) platform which was launched by The International Air Transport Association (IATA). As the latest trailblazer project in the industry, the IATA EPIC platform aims to meet air cargo players' needs digitally. The platform realizes IATA's goal to make air cargo simpler, safer, and smarter by gathering together all the stakeholders within the supply chain. With its modern turn-key cargo solutions, Hitit was one of the first IT providers to integrate the IATA EPIC platform in this project.
Hitit Bilgisayar Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Hitit Bilgisayar applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Hitit Bilgisayar and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Crane PSS, Crane OPS, Crane TM, Crane AS, Crane OTA, customers.
Hitit Bilgisayar Overview
Resitpasa Mah. Katar Cad. No:4/1 Arı Teknokent 2 İc Kapı No:601
Istanbul, x, 34469, Turkey
90 212 276 15 00
https://www.hititcs.com/
Ownership: - HTTBT.IS
Number of Employees: 390
Functional Markets: ERP Financial, ERP Services and Operations, SCM,
Key Verticals: Professional Services, Transportation,
Hitit Bilgisayar Key Enterprise and Cloud Applications
Crane PSS, Crane OPS, Crane TM, Crane AS, Crane OTA,
Hitit Bilgisayar Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Hitit Bilgisayar Revenue Breakdown By Type, $M:
Hitit Bilgisayar Enterprise Applications Revenues By Functional Markets, $M:
Hitit Bilgisayar Enterprise Applications Revenues By Verticals, $M:
Hitit Bilgisayar Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Hitit Bilgisayar Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Hitit Bilgisayar Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Hitit Bilgisayar Customers
No. of Hitit Bilgisayar Customers: 70000
No. of Hitit Bilgisayar Enterprise Applications Customers: 70000
No. of Hitit Bilgisayar Cloud Customers: x
No. of Hitit Bilgisayar Cloud Subscribers: x
In 2021, amidst the pandemic, Hitit onboarded 13 new airline partners, solidifying its position in the aviation technology sector. With a vast network of over 70,000 travel agencies and processing more than 50 billion flight queries annually, Hitit has emerged as a pivotal player in the industry. Among its esteemed clientele are Chalair Aviation, Arik Air, ALTA, Air Tanzania, GSRM, and others.
Hitit Bilgisayar Market Opportunities, M&A and Geo Expansions
In June 2020, Hitit solidified its presence in the Americas by partnering with Bahamasair, The Bahamas' national flag carrier, providing a comprehensive Crane Solution Suite after the pandemic hiatus, enabling the resumption of domestic flights. Additionally, in April 2019, Hitit strategically expanded its foothold in Asia with a liaison office in Karachi, Pakistan, a move coinciding with its collaboration with Pakistan International Airlines (PIA) for a Passenger Service System (PSS), further establishing Hitit as a key provider in Pakistan's airline software landscape.
Hitit Bilgisayar Risks and Challenges
Hitit Bilgisayar, a prominent player in aviation technology, finds itself at a pivotal juncture following its recent public listing on Borsa Istanbul. While poised for growth, the company faces a diverse range of internal and external risks alongside significant market challenges. These encompass technological scalability, operational efficiency, market competition, regulatory compliance, and the intricate landscape of customer acquisition and service integration, prompting a need for strategic leveraging of its expertise and partnerships to navigate this competitive industry landscape.
Hitit Bilgisayar Ecosystem, Partners, Resellers and SI
Hitit's alliances with renowned global entities, from technology integrations with IBM's cloud infrastructure to partnerships with airlines across various continents, showcase its commitment to fostering a robust ecosystem.
In May 2021, Hitit and Royal Brunei Airlines solidified a strategic partnership aimed at enhancing guest experiences and digital retailing capabilities. The collaboration, a result of meticulous evaluation by Royal Brunei and research conducted by T2RL, entrusts Hitit with providing core passenger service systems, upgraded booking engines, mobile applications, and various solutions covering airport operations, loyalty programs, and customer care. This move is poised to streamline flight bookings and offer personalized travel options for global passengers.
Furthermore, in January 2020, Hitit expanded its network by acquiring 10 new airline partners across nine countries, including Bahamas, Chile, Cyprus, Greece, Kazakhstan, Kyrgyzstan, Pakistan, Spain, and Uganda, broadening its global footprint.
Hitit Bilgisayar Cloud Infrastructure Insights
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- Hitit Bilgisayar Public Cloud and Infrastructure (IaaS)
- Hitit Bilgisayar Platform (PaaS)
- Hitit Bilgisayar Application Delivery
- Hitit Bilgisayar Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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