Technopark-headquartered IBS Software in Thiruvananthapuram has been chosen as the industry's choice for the global "IT Provider of the Year" 2016 in the air cargo industry for the fifth consecutive year.

IBS was conferred this honour from among a shortlist of leading technology providers to the global aviation industry, according to a company release issued here on Wednesday.

The event was organized by Singapore based trade journal "Payload Asia".

Every year, Payload Asia honours the best in the industry by recognizing airlines, airports and organisations that have risen above the challenges through market adeptness, innovative products or superior strategy to excel and make a positive impact on the market.

IBS has developed iCargo -- an award winning solution in collaboration with a few airlines -- which is the leading cargo management solution in the industry.

One of the first companies to be set up in the late nineties at Technopark Thiruvananthapuram, IBS operates from three locations in the country and six abroad and employs nearly 3,000 professionals.