IBA Group Ranks as Leader in The 2010 Global Outsourcing 100®
April 19, 2010
The International Association of Outsourcing Professionals® (IAOP®) published The Global Outsourcing 100®, the listing of the world's top outsourcing service providers in a special advertising feature of the May 3, 2010 issue of FORTUNE® magazine. IBA Group, one of the largest IT companies in Eastern Europe, ranks in the Leaders Category of the listing and is recognized in numerous sub–lists.
On April 19, the International Association of Outsourcing Professionals® (IAOP®) unveiled the rankings and sub–lists of The 2010 Global Outsourcing 100® program. The 2010 Global Outsourcing 100 recognizes the world's best outsourcing service providers.
The lists include companies from around the world that provide the full spectrum of outsourcing services — not just information technology and business process outsourcing, but also facility services, real estate and capital asset management, manufacturing and logistics. They include not only today's leaders, but tomorrow's rising stars.
According to The 2010 Global Outsourcing 100® Application Processes and Scoring Methodology, revenue is one factor to rank companies, but it is not the dominant factor. Participating companies were required to demonstrate excellence in categories such as size and growth, global presence, industry recognition, certifications, customer references, employee management, executive strength, and outsourcing experience.
“As the economy recovers, partnering with the world's best outsourcing providers and advisors will be more important than ever,” said Michael Corbett, IAOP Chairman and chair of the judges' panel. He added: “Being named to The Global Outsourcing 100 is a great recognition, particularly given the strong competition, and these companies should be proud of achieving excellence in outsourcing.”
IBA Group ranks in the Leaders Category and is recognized among the Best 5 Companies by Region Served — Eastern Europe; Best 5 Companies by Industry Focus; Best 5 Leaders by Service Provided; Best 20 Leaders by Technology Focus (Hardware and Software); and Top 20 List “Climbers”. IBA Group received the highest scorings for company recognitions, company certifications, employee management, customer references, and executive leadership.
The IAOP's special advertising section in Fortune® magazine quotes Sergei Levteev, IBA Group CEO, as speaking about outsourcing to Eastern Europe. Levteev argues: “As IT departments face tightened budgets, more limited resources, and growing time constraints, outsourcing to Eastern Europe becomes a key strategy in addressing those challenges. Eastern Europe offers European culture, geographic proximity to Western Europe, and an abundance of engineering talent.”
Commenting on the company's inclusion in The Global Outsourcing 100, Levteev says: “Although IBA Group is not a 100 percent outsourcing company, we are proud to be one of the Leaders of The Global Outsourcing 100. We are also pleased to be honored for excellence in customer references, employee management, and executive leadership. We seek to work as a team, collaborating and innovating both with clients and among ourselves. Outsourcing isn't just about providing a service to clients. It's about partnering with them. Other companies may see that as a challenge. We see it as a necessity. And a competitive advantage.”
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, Germany, Belarus, Cyprus, and Russia. IBA Group focuses on mainframe systems, enterprise applications, web–based solutions, SAP and other ERP systems, Lotus technologies, and business intelligence. IBA has achieved SEI CMMI Level 4 and is ISO 9001:2000–certified. IBA Group serves clients in more than 30 countries across diverse markets and industries, including banking, railway, telecommunication, manufacturing, healthcare, trade, and public sectors. IBA Group is recognized by the International Association of Outsourcing Professionals (IAOP) as one of The Global Outsourcing 100 in the Leaders Category, ranks #1 in the neoIT and CMP's Global Services 100 — 2007 in the category TOP 10 TO WATCH IN EMERGING EUROPEAN MARKETS, and is a Software 500 company.
For more information, visit http://iba-it-group.com/
The International Association of Outsourcing Professionals® (IAOP®) is the global, standard–setting organization and advocate for the outsourcing profession. With more than 100,000 members and affiliates worldwide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn more, visit www.iaop.org