IBS Group is a leading software development and IT services provider in Central and Eastern Europe.
Through its two principal business segments- Software Development segment (Luxoft) and IT Services segment (IBS IT Services), the Group offers a wide variety of information technology services, such as software development and IT services outsourcing, IT infrastructure services, and business applications implementation.
Throughout its 20-year history, the Group has set benchmarks in the Russian IT industry - for example, by establishing among the first SAP- and Oracle-based Enterprise Resource Planning (ERP) practices in Russia. IDC has ranked the Group as the largest as the largest Russian IT services company by revenue among Russia’s top IT companies for the last 5 years. The company’s Software Development and IT Services segments are both market leaders in their sectors in Central and Eastern Europe and Russia, respectively (Source: Global Services Media) and possess strong brands among their client base.
IBS Group is headquartered in Russia and has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Canada, Vietnam and Singapore. The Group employs more than 8,200 people worldwide.
IBS Group’s Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F).