IBA Group Named in Software Magazine's 33rd Annual Software 500

PRAGUE, Czech Republic, November 12, 2015 /PRNewswire/ --

Software Magazine Ranks IBA Group as one of the World's Largest Software Companies in 2015 

IBA Group http://www.ibagroupit.com today announces its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 33^rd year.

IBA Group was ranked 301, with a total software and services revenue of US$100.5 million. Last year, the company was ranked 278, with a total software and services revenue of US$91.2 million. IBA Group has been selected for Software 500 since 2008 when the company applied for inclusion for the first time.  

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.

The ranking is based on total worldwide software and services revenue from the 2014 fiscal year. Suppliers are not ranked on total corporate revenue, since many, like IBA Group, have other lines of business, such as hardware.

According to Software Magazine, the total software and software services revenue for the 2015 Software 500 ranking amounted to $748.7 billion, up 4.3 percent from last year. Another finding was that eBusiness applications, security tools/systems, and healthcare are top growth areas for Software 500 companies.

The total number of employees reported in the 2015 Software 500 is 5,572,404, indicating a growth of 14 percent from last year. The top seven companies are the same as last year, the first three being IBM, Microsoft, and Oracle. IBM remains to be the top employer, but reports a reduced head count. Of the 2015 Software 500 companies, 423 are public and 67 private.

See the 2015 Software 500 ranking at http://rcppubs.com/3D/SWM/2015/nov/index.html

About IBA Group 

IBA Group is one of the largest IT service providers in Eastern Europe performing software development, migration, maintenance, support, and IT consulting services with more than 2,500 IT and business professionals. Headquartered in Prague, Czech Republic, IBA Group has offices and development centers in the United States, Great Britain, Germany, Czech Republic, Belarus, South Africa, Cyprus, Russia, Ukraine, Kazakhstan, and Slovakia. IBA Group focuses on mainframe systems, enterprise applications, web solutions, SAP and other ERP systems, business intelligence, and mobile applications. IBA Group is recognized by the International Association of Outsourcing Professionals (IAOP) as one of The Global Outsourcing 100 in the Leaders Category, and ranks as one of the world's largest software companies in the Software Magazine's Software 500. In 2015, 2014, 2012, and 2011, IBA Group won IT Europa's European IT & Software Excellence awards. For more information, visit http://ibagroupit.com

Irina Kiptikova, Corporate Communications Director, kiptikova@ibagroupit.com, Tel.+37517 2173952