IBS – the fastest growing provider of IT services in Russia according to IDC

The Company was among the leader of the rating based on results of 2019.

International Research and Consulting Company IDC had provided the analysis results of the leading Russian providers of IT services in 2019.

IBS was considered to be the fastest growing provider of IT services. Earnings of the Company had increased by 35.4% as compared to similar period of previous year. This allowed strengthening the leading position at consulting and application customization market with share growth by approximately three per cent. Such increase was to a significant degree due to projects in the state sector and at aggregated financial market.

IBS occupied the sixth place by earnings amongst all service providers, and joined top-5 at markets of system integration, outsourcing of information systems, and hosting of infrastructure services.

According to IDC analytics, state sector remains the most reliable customer for IT service providers in 2020. We shall also expect investments in IT infrastructures by major banks, industrial and power companies, and retail networks. The specialists had highlighted remote education and healthcare amongst the perspective investment directions.

Grigoriy Kocharov, the General Director of IBS, comments: “Regardless of the pandemic, we do not expect serious growth decline at the Russian IT market in 2020-21. On the contrary, new challenges accelerate digitalization in many spheres. It became evident for the most companies that reliable technical base may ensure sustainable operation and development, regardless of the crisis”.

See Full version of the report at IDC website

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