IBA Group Affiliates Receive Golden Byte Awards
On May 25, a festive ceremony to award winners of the contest Golden Byte 2011 was held in Minsk, Belarus. Conducted among members of High Tech Park (HTP), the Belarusian Silicon Valley, the contest attracted 106 companies.
The organizers of Golden Byte 2011 aimed to foster the introduction of advanced IT technologies at local enterprises, development of software export, and attraction of foreign investments to the national IT sector. The prizes were awarded in five categories and consisted of a trophy and one gram of 583 (14 carat) gold.
According to Valery Tsepkalo, HTP Director, Golden Byte is a sort of Oscar for IT companies. The competition shows state support for the software development industry and recognizes achievements of IT companies in the country.
Two IBA's development centers are HTP members, namely IT Park and IBA Gomel Park. IT Park took the third place in the category “Investor of the Year”. The category's selection criteria included high economic performance and investments in job creation, in construction of new premises, in the national education, and in training of IT specialists.
Alexander Chebotarevsky, IT Park Director, thanked for the recognition of the company's achievements and highlighted that the major investments that IBA made are those in the development of the intellectual potential of the country, including IBA Group employees, and high school and university students, who make the future of the nation.
IBA Gomel won the second place in the category “The Best Regional Development Center of HTP”. This category's criteria included revenue and revenue growth, new jobs, and foreign direct investments.
Today, 109 companies are members of the Belarusian High Tech Park. They develop software products and provide IT services to clients in more than 55 countries.
- 80 percent of the developed software is exported
- 45 percent of the software is delivered to the United States and Canada, 30 percent to European countries, and 20 percent to Russia and the CIS.