IBA Group Ranks as Leader in The Global Outsourcing 100

April 12, 2006 (PRLEAP.COM) Business News
April 12, 2006, Prague, Czech Republic. The International Association of Outsourcing Professionals (IAOP) published The Global Outsourcing 100, the first-ever listing of the world's top outsourcing service providers in a special advertising feature of the April 3, 2006 issue of FORTUNE® magazine. Companies are ranked according to 18 criteria, including revenue growth, number of employees, the skills and training of their workforce, the number of technical and business certifications they have secured, the track record of the management team, and the quality of customer service. Since the industry is comprised of two types of players: larger, more established organizations (Leaders) and smaller, fast-growing companies (Rising Stars), the IAOP created two separate ratings. Leaders and Rising Stars were judged separately. The Global Outsourcing 100 features 65 Leaders and 35 Rising Stars.
IBA Group was ranked number 59 in the Leaders Category, with services in information and communication technology management, document management, and financial management. Sergei Levteev, IBA Group President, shared his experience of global IT outsourcing in the April 3, 2006 issue of FORTUNE® magazine, saying: “IT departments are increasingly expected to achieve the impossible – working with tight budgets, limited resources, and time constraints. Outsourcing to Eastern Europe, where labor costs are lower and talent is plentiful, can serve as a key strategy in addressing these challenges”.
About IBA Group
IBA Group is the largest IT service provider in Eastern Europe performing on-shore, near-shore, and offshore software development, migration, and maintenance, 24X7 support, and consulting. Headquartered in Prague, Czech Republic, IBA Group has offices and development centers in the United States, Germany, and Belarus. IBA Group specializes in mainframe systems and applications, Internet technologies and e-business solutions, SAP solutions and other ERP systems, and Lotus technologies. IBA has achieved SEI CMMI Level 4 and is ISO 9001:2000- certified. The IBA Group’s team is composed of 1,700 IT and business professionals who combine creative resourcefulness, strategic business thinking, and technical expertise. IBA Group serves clients in more than 30 countries across diverse markets and industries, including banking, railway, telecommunication, manufacturing, healthcare, trade, and public sectors. With its unmatched expertise, up-to-date infrastructure, and 13-year experience of global outsourcing, IBA Group provides its customers with high quality and cost-effective solutions that enhance their business opportunities. For more information, visit http://www.iba-it-group.com

About IAOP
The International Association of Outsourcing Professionals (IAOP) is the global standard-setting organization and advocate for the outsourcing profession. It has 250 organizations from around the world as members that represent almost every industry segment and functional activity. More than 38,000 individuals working in the field of outsourcing are IAOP members or subscribers. For more information, visit www.outsourcingprofessional.org