Chinese missile frigate to be open for public in VladivostokMilitary & Defense September 20, 10:41
Ukraine’s Naftogaz files lawsuit with The Hague court over Crimea assetsBusiness & Economy September 20, 9:42
Both Washington and Moscow not satisfied with bilateral relations — LavrovRussian Politics & Diplomacy September 20, 7:55
Situation with Russian, US diplomatic missions stabilized — TillersonWorld September 20, 7:07
Russia has no doubt that US can do something destructive to North Korea — LavrovRussian Politics & Diplomacy September 20, 6:21
ECHR rules not to revise its judgement on Beslan hostage taking caseWorld September 19, 19:18
Trump vows to 'totally destroy North Korea' if threatenedWorld September 19, 17:50
Russian top brass calls on US to not hamper Damascus’ fight against terrorismMilitary & Defense September 19, 17:49
Zapad-2017 exercise puts Russian army’s "nervous system" to testMilitary & Defense September 19, 17:33
Revenues from Russian operations amounted to $521.2 million in the reported period. Revenues from North America amounted to $192.1 million, while European operations gave $190.3 million of revenue.
IT services segment revenues decreased 11.2% in the period to $429.8 million. Software development segment revenues increased 26.0% to $398.3 million.
“We have noticed a significant transformation of the demand for corporate solutions on the Russian IT market which is driven by emerging of new technological philosophy of the IT-support by corporations. The changes are influenced by implementation of such technologies as cloud solutions, mobile devices, and big data,” the group’s President Anatoly Karachinsky said, as quoted in the statement.
IBS Group is owned by a group of individuals, including Karachinsky and the group’s Vice President Sergei Matsotsky, while 34.9% of shares are in a free float on the Frankfurt Stock Exchange. The group’s capitalization amounts to $406.8 million. The group’s main units are systems integration company IBS and software designer Luxoft.