IBS Software, a leading SaaS solutions provider for the travel industry, has announced the appointment of Somit Goyal as its new Chief Executive Officer (CEO), effective immediately. Goyal succeeds Anand Krishnan, who served as CEO of IBS Software since 2018.
Prior to joining IBS Software, Goyal was President and COO of Pluralsight, a SaaS company, where he managed product, engineering, and go-to-market functions. Goyal brings extensive experience in the enterprise software sector, having held leadership roles at globally renowned companies such as Microsoft, SAP, Oracle, and AOL. At Microsoft, Goyal managed global sales of the Modern Work cloud business and served as the Chief Operating Officer of the company’s Public Sector business worldwide. Notably, he conceived and established the customer success function at Microsoft, an area of growing importance for IBS Software as it continues its global expansion.
Anand Krishnan, who left IBS Software in March 2024, is now the CEO of Cyncly, a company offering software solutions to designers, retailers, and manufacturers in the spaces-for-living industry. Krishnan also has over a decade of experience with Microsoft.
V K Mathews, Executive Chairman of IBS Software, commented on the appointment: “Somit’s impressive experience in operating global SaaS businesses, leading diverse teams, and managing all facets of enterprise software make him exceptionally well-suited to lead IBS Software during this exciting phase of growth. IBS Software is at a pivotal point in its trajectory as we continue to innovate to better serve our customers. I am confident Somit will help unlock our full potential.”
Goyal expressed his enthusiasm about joining IBS Software: “With a broad portfolio of industry-leading products, marquee customers, and a talented team with deep domain expertise, IBS Software stands at the forefront of travel industry innovation. I couldn’t be more excited to join IBS Software and help lead it through its next exciting chapter.”
Goyal holds an electrical engineering degree from the Indian Institute of Technology (IIT), New Delhi, and an MBA from INSEAD, France. He will report directly to V K Mathews.
