PRAGUE, December 13, 2017 /PRNewswire/ --
Software Magazine Ranks IBA Group as one of the
World's Largest Software Companies in
2017
IBA Group http://www.ibagroupit.com announces its inclusion in
Software Magazine's Software 500 ranking of
the world's largest software and service providers, now in its 35th
year.
IBA Group was ranked #304, with a total software and services
revenue of US$100.6 million. IBA
Group has been selected for Software 500 since 2008 when the
company applied for inclusion for the first time.
Now in its 35th year, the Software 500 provides a detailed look
at changes in the software industry from a revenue, employee, and
research and development (R&D) perspective.
The ranking is based on total worldwide software and services
revenue from the 2016 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 service
revenue for the 2017 Software 500 reached $834 billion, a 3.59 percent increase from
$804 billion reported in the 2016
Software 500. As for the number of employees, companies reported a
10.3 percent decline, compared to the 2016 published Software
500.
The primary business sectors were Middleware/App and Server/Web
service, followed by Enterprise IT management and Operating
Systems. The top trending topics included analytics, cloud-based
applications, artificial intelligence (AI) with machine learning
technologies, and the Internet of Things (IoT).
See the 2017 Software 500 ranking at
http://www.rcpbuyersguide.com/top-companies.php?page=31&ipp=10
(registration needed).
About IBA Group
IBA Group is one of the largest IT service providers in
Eastern Europe. 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, business
analytics, and cloud and mobile applications. IBA Group is
recognized by 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. The company
is a winner of the Award for Corporate Social Responsibility in the
2016 GSA Awards and of the CEE Shared Services and Outsourcing
Awards in the category Top CSR initiative of the Year. In
2017, 2015, 2014, 2012, and 2011, IBA Group won IT Europa's
European IT & Software Excellence Awards. For more information,
visit http://ibagroupit.com