IBA Group Celebrates 20 Years of IT Excellence in Prague

IBA Group Celebrates 20 Years of IT Excellence in Prague

PRAGUE, Czech Republic, October 24, 2013 /PRNewswire/

IBA Group-http://www.ibagroupit.com, an alliance of IT companies with more than 2,500 people, celebrated its 20 thanniversary inPrague,CzechRepublic. A series of festive events were earlier held inBelarus,Great Britain, and theRussian Federation. The celebration began in April inMinsk, the birthplace of IBA Group. ThePragueevent closed the festivities as it is the place where the IBA Group's headquarters is located.

The company's traditions go back to the 1960s, when local Belarusian programmers were already experts in IBM mainframe architecture. In the 1980s, people from IBM came to Minsk, the Belarusian capital. At that time, the city was known as one of the largest IT centers in the USSR, supplying 60 percent of the country's demand for computer production. As a result, the International Business Alliance (IBA) was formed in 1993. However, IBM later withdrew as a part owner of IBA in line with its strategy and IBA went on operating independently.

In 1999, IBA Group founded IBA CZ in Prague and extended it to Brno in 2005. The same year, following the admission of the Czech Republic to the European Union, the company relocated its headquarters to Prague. Eventually, the small firm evolved into the international IBA Group of more than 2,500 employees and offices in 11 countries.

At present, the company's portfolio comprises over 200 proprietary products, numerous vertical industry solutions, and an array of IT services. The IBA's expertise ranges from mainframe software and SAP solutions to business intelligence, corporate performance management, portal development, and mobile applications.

The Prague celebration was held on October 17. More than 100 guests from different countries gathered at Klub Lavka to congratulate IBA Group on their 20 th birthday.

Sergei Levteev, IBA Group Chairman, commented: "This year marks the 20 anniversary of IBA Group and it is truly a milestone for the company. We are proud to have grown to where we are today. We achieved our goals through the collective dedication of our employees and by building trust and confidence with our customers. We grew sustainably from year to year. Today, we are looking forward to the next 20 years of serving our clients, supporting our employees, and growing young talents."