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DataArt Named to the 2014 Inc. 5000 List of Fastest-Growing U.S. Private Companies

DataArt, a custom software development firm that builds advanced solutions for select industries, has been named to the annual Inc. 5000 list of the fastest-growing U.S. private companies for the fifth consecutive year, placing in the top half of the Software category. DataArt posted record revenue of $39 million in 2013, securing over 90 new [...]

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EPAM Systems Shortlisted in Bidding Field for an Unprecedented US Stock Market Project

EPAM, a leading provider of product development and software engineering solutions, announced today that it was included in the shortlist of companies considered for the implementation of a Consolidated Audit Trail (CAT), a system to be developed in response to SEC Rule 613, adopted in July 2012. One of the biggest undertakings in the securities [...]

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EBS Romania turnover up 60 pct in January-July, to EUR 15.7 mln

Software services and solutions provider EBS Romania posted a turnover of EUR 15.7 million in January-July, up 60 percent year on year, by extending its client portfolio. The company acquired two new clients in the auto-industry, VW AG and BMW AG, via auction, writes Mediafax. “The bidding process and the contest lasted 12 months, during [...]

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Russian Ecwid Raises $5 Million from iTech Capital and Runa Capital

Russian ecommerce technology company Ecwid, founded by Ruslan Fazlyev raised further $5 million from the lead investor Russian iTech Capital and its existing backer Runa Capital (who has recently also sold shares in its French portfolio company Capptain to Microsoft). Founded in Ulyanovsk by the team behind the ecommerce product X-Cart, Ecwid develops and markets [...]

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Bulgaria starts to gain ground through outsourcing

Watch out UKIP – the Bulgarians aren’t infesting our borders and taking our jobs over here, they’re mastering the outsourcing market and taking our jobs over there! The country has done very well from IT outsourcing, particularly due to the multi-language skills of its citizens. The industry started up some 15 years ago and due [...]

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Russia’s Far East shows demand for Latvian data centers

DEAC along with delegation of Latvian entrepreneurs under the leadership of Ambassador Extraordinary and Plenipotentiary of the Latvian Republic to the Russian Federation – Astra Kurme, from July 9 to July 20 have visited Russia’s Far East region cities – Vladivostok, Khabarovsk and Magadan. The delegation met with region’s high-ranking officials, governors and mayors and [...]

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Mutual Settlement System Tinterconnect by the “Telesens International Ltd.”

On the 11th of August 2014 the “Telesens International Ltd.” company, one of the leaders within the scope of development of mutual settlement systems for business support for telecommunications industry made a contract for delivery and for the introduction of an interconnect-billing Tinterconnect (T-IC) at the joint stock company “KazTransCom” (Kazakhstan). The billing system for [...]

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.RU now 8th largest top level domain

Russia’s Coordination Centre for Top Level National Domains has announced the rise of .ru to 8th largest TLD. According to the Domain Name Industry Brief released by company Verisign, the total number of registered domains (across all zones) up to 31st March 2014 was 276 million, having risen by 5 million for the first 3 [...]

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The inside view on Ukrainian IT industry

On July 31st, the First National Channel welcomed Valery Krasovsky, Sigma Software COO, and Eduard Rubin, CEO at Telesens International, on the “First Studio” show to discuss Ukrainian IT industry, its past and future, its challenges and prospects. Informal conversation and inside view — these are the main characteristics of the “First studio”, the new [...]

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Belarus home of the best programmer in the world

Belarus is home country to the winner of one of the biggest, international programming competitions. The Belarusian programmer won among 3890 contenders from 72 countries in the Yandex.Algorithm challenge, hosted by Codeforces. Winners are chosen based on personal score and compete for their countries and institutions, with only 25 of the best programmers reaching the [...]

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