28 October 2014

Eight HTP resident-companies strengthened their positions inthe Software 500 ranking published annually by one of the world’s most influential software and information technology journals – Software Magazine.

According to the 2014 Software 500, EPAM Systems was ranked 131st among theworld’slargest software companies, Prognoz (the HTP resident-company PrognozBel) – 292nd, IBA Group (the HTP resident-companies IBA IT Park and IBA Gomel Park) – 287th, Ericpol Telecom (the HTP resident-company Ericpol Brest) – 288th, Exadel – 372nd, Coherent (the HTP resident-company ISsoft Solutions – 413th, SoftClub (the HTP resident-company SoftClub – Development Center) – 403rd, and Intetics (the HTP resident-company Intetics Bel) – 429th.

IBA Group improved its position by 9 grades. Sergei Levteev, IBA Group Chairman, said: "We are pleased to be named by Software Magazine as one of the world’s leading software companies for the seventh consecutive year. Since its creation, IBA Group has maintained steady growth and close cooperation with its customers, resulting in a series of industry recognitions. We remain passionately committed to delivering the best services and solutions to our worldwide customers and look forward to further progress in the area."

Intetics has been listed in the Software 500 ranking for the last 5 years. In 2014, the company ranks No.429, moving up 11 positions since last year. Boris Kontsevoi, Founder and President of Intetics, noted: "We are proud that we are among the world’s largest suppliers of software and services. It affirms the company’s sustainable success and development. We are committed to improving our performance, thus proving the reliability and efficiency of cooperating with us.

In its 32nd year, Software Magazine’s findings showed that overall revenue for the 2014 Software 500 companies reached $717.7 billion, up 7.1% from the last year’s $670.2 billion. The ranking is based on software and services revenue from the 2013 fiscal year, including revenue from software licensing, maintenance and support, training, consulting and other services.