Description
IVU Traffic Technologies – sustainable software for the railway market
IVU Traffic Technologies AG was founded in 1976 by graduates of the Technical University of Berlin. Known at the time as “IVU – Gesellschaft für Informationsverarbeitung, Verkehrsberatung und angewandte Unternehmensforschung mbH”, the company initially only offered project work for transport companies, but expanded into software development in the following years.
Until 2000, IVU only planned timetables and the deployment of vehicles and personnel. After the IPO in the same year, the Management Board wanted to acquire expertise in order to be able to offer real-time applications in transport operations. This was achieved with the acquisition of TTi Systems AG. The resulting poor economic situation prompted extensive restructuring measures, which culminated in the resignation of the five-member Management Board and the dismissal of hundreds of employees. It was not until 2005 that the company was back in the black.
However, the financial bottlenecks at the beginning of the 2000s have long been forgotten – the company has been convincing for years with regularly increasing sales and gross profits. The Group has left all business areas outside the transport industry and has specialised exclusively in IT solutions for public transport.
