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I.T. Co. is in the top-10 of largest companies in the TechSuccess (TechUspekh) 2013 rating

06.11.2013

I.T. Co. is in the top-10 of largest companies in the TechSuccess (TechUspekh) 2013 rating
According to the results of the second national rating of Russian high-tech fast-developing companies TechSuccess-2013, the I.T. Group is in the top-10 of largest companies.

The rating has been organized by the Russian Venture Company, in partnership with the Association of Innovative Regions of Russia (AIRR), Vnesheconombank and the PwC audit and consulting network. The results of the second national rating of Russian high-tech fast-developing companies were unveiled during a round-table discussion "TechSuccess-2013: Russia's potential in Action" at the Open Innovations forum.

For the first time this rating was formed in 2012. Its main objective is to represent the most dynamically developing Russian companies, focused on innovation and technology development, make them known not only to domestic specialists and experts, but also to the players in the foreign market.

This year the PwC Company was engaged to the development of the methodology. PwC has developed a methodology specially for the TechSuccess rating based on its international experience and using the most authoritative international solutions. For the rating the companies were selected which comply with the qualification requirements, and the threshold values were calculated based on the industry average: 
  • based on revenue: not less than 100 million rubles, but not more than 10 billion rubles
  • based on the average annual growth rate of revenue, not less than 15%
  • based on the share of the average costs for R&D and technological innovation (for various industries from 2% to 10% of revenue)
  • marketing at least one successful new product
Thus, the rating includes only enterprises and organizations which over the last three years consistently demonstrate performance above average in their industry. A successful marketing of at least one new product or service based on the company's own intellectual development was also an important criterion for assessment.

Since its creation the I.T. Co. relied on the development of proprietary products and technologies. Today, the I.T. Group is a versatile IT Holding, which shows a steady increase in business, invests its own funds in research and development, supports promising start-ups, works with the major Russian universities and academic centers.

Thus, in recent years the company has launched a number of innovative IT products: MobileSputnik, solution for organizing corporate mobile workplaces, Unicloud Business 365, a cloud system for collaboration of employees within and between companies, ECM Logics solutions, Life Button project specializing in emergency call systems for senior citizens and the disabled. Also, I.T. Co. in collaboration with leading universities and research institutes is developing: Health Monitoring cloud system for remote monitoring of indicators of human health, CLAVIRE (CLoud Applications VIRtual Environment) multi-purpose platform to create and manage a distributed cloud computing environment, CourseHub (МООС) platforms for organizing massive open online courses.

"Today IT in Russia not only can support the economy, but rather is capable to lead to real breakthroughs and transform approaches to such tasks as the development of enterprise management systems and processes, the creation of high-quality and affordable education for millions of people, the development of the health system with the help of technological approaches, knowledge and information management. The IT Company is going to actively advance in the coming years just in these areas, which transform the role of I.T. Co. in society's and individual's life", Dmitry Vedev, Director of Marketing of The I.T. Group said.

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