Itransition Itranzishn

The Itransition company (Itransition Ltd) is one of software developers in Republic of Belarus. Itransition is the company outsourcing, and its CEO insists that it needs to be perceived quite so. The enterprise was founded in 1998. In 2006 the Itransition company was transformed to the holding integrating a number of the brands, known in the market, including A1QA (Tekhnologii kachestva Ltd) and Iflexion. Works with clients from more than 30 countries of the world. The head office of the company is to Austin (Texas, the USA). The technology development center is located to Minsk (Belarus). Offices of the company are in the USA, Great Britain, Russia, Belarus.

Performance Indicators

2013

The number of employees of Itransition company increased for last year by 40%. New branches in regions are open. In 2013 branches of Itransition company were open in Mogilev and Polotsk. Significantly the number of employees of branch in Grodno and the main office of the company in Minsk increased. Total number of employees Itransition reached 1200 people.

Sergey Gvardeytsev noted: "Last year was next successful year for all industry: on export of services it came to the second place after the Belarusian railroad. We closed year with "plus 40%" and on number grew for 30%. Now it is more than one thousand two hundred people of us, and when we separated from Belkhard in 2005, we were 60. At the same time we did not resort to someone else's money, did not buy other companies — such digits were reached due to internal energy of the company. Appetite comes during a meal, we left in rather serious pool where investors paid attention to us. The big front of work is necessary — I want to attract big money in Itransition. We showed how we can grow, now the next stage: show how we can develop business for someone else's money. In this plan, of course, we will select and buy those companies which have successful representations. Let's say Norway, Finland — the region underfulfilled in this sense. Aim in the next two years — to get to the Pre-IPO. So near grow to the number of 3 thousand people for 2-3 years. Such speed will suit investors — in that amount which we want to attract. It is good, serious money."

2012

The number of orders grew from North America: 55% - America, 17.5% – Great Britain. Russia which from 5% in one and a half years rose up to 15% gains steam. Profitability of business – about 25%. The new direction - independent testing is opened, there was an A1QA separate company in which about 250 people work. Testing is very important where standards still indistinct and software products rather new, an example of such area are mobile developments which need to be checked on tens and hundreds of smartphones.

Company services

• Consulting (Consulting in the field of implementation of IT projects and development of IT infrastructure)
• Software development under the order (The Full stroke of development of the custom software)
• Upgrade (Expansion of functionality and integration opportunities of systems, optimization of architecture and performance)
• Independent testing (Services in independent testing and quality control of software for developers and end users)
• Information security (Audit and consulting in information security field and elimination of vulnerability of software)
• Prototyping (Creation of full-fledged dynamic prototypes of the software)
• System integration (Integration of business applications and data warehouses. Creation of the integrated information environment of the enterprise)
• Migration (Migration of applications and data on new platforms and technologies, an output of autonomous applications in a web)
• Support and maintenance (Professional outsourcing of maintenance of systems and applications and user support)
• Development of the built-in software (Development of the built-in software on different platforms, including OS of real time)

Ratings

• The first place in category "Rising Stars" of rating "The 2014 Global Outsourcing 100";
• The 12th position in top-30 software developers (debuted in the list of the largest Russian companies in the field of the information and communication technologies (CT) at the end of 2013);
• The winner of the first award "Belarus HR brand 2014", the first place in category "Republic" for the Itransition Opener 2014 project.

Offices of the company

• USA (Austin)
• Great Britain (England)
• Russia (Moscow)
• Belarus (Minsk)

History

2018: Baring Vostok invested in Itransition

The Baring Vostok investment fund acquired in the summer of 2018 a minority stake of the Belarusian software developer and IT service provider of Itransition. Cooperation with fund will give the chance of Itransition to strengthen the service direction and to strengthen presence in the markets of the USA and the European Union countries which are considered by the company as key and also to attract new qualified personnel for work^[1].

Under the terms of the transaction representatives of Baring Vostok will receive chairs in Board of Directors of Itransition then this council will approve the new strategy of development for the Belarusian developer. The founder of Itransition Sergey Gvardeytsev will hold a post of the chairman of the board of directors, his word will remain defining in questions of further business development.

Itransition has two development centers in Russia — in St. Petersburg and Ryazan. After the conclusion of the transaction the company is going to expand the Russian and Belarusian centers.

According to the senior partner of Baring Vostok Elena Ivashentseva, as a result of the transaction more large-scale range of IT services will become available to both parties, in general will benefit all Itransition directions from cooperation. Ivashentseva notes that the market of custom developments quickly grows that allows to speak about growth perspectives for the Belarusian developer.

2016

Itransition was included into the rating of world leaders of outsourcing of The Global Outsourcing 100 with special difference in categories "Customer Feedback" and "The Innovation Programs". The rating is annually carried out International the association of professionals of outsourcing (IAOP)IAOP ^[2]

Itransition debuted in Technology Fast 500^[3], the rating of the most quickly growing technology companies based on results of the annual research conducted by Deloitte company for more than twenty years.

2015

Itransition once again confirmed the certificate of MCSE and the status of the golden Microsoft partner in categories "Application Development" and "Portals and Joint Work". Strict process of repeated certification confirmed quality of our solutions on.NET and Office365.

Sergey Gvardeytsev made the decision to depart from operational management to deal with issues of strategic development. He remained the chairman of the board of directors of the company, and the post of the CEO was held by Demichev Alexey.

Itransition, developer company of the custom software with development centers in Belarus and representations in Russia, the USA and Great Britain, is included the third year in a row in the list of the largest Russian ICT companies. At the end of 2015 the company took the 5th place in the "Top-30 Software Developers" list, having risen by four positions in comparison with last year^[4]

The Itransition company, the leading developer of software solutions and the supplier of a full range of IT services, once again was included into the list of 500 largest software makers and IT service providers on the basis of results of the annual research conducted ^[5]

In 2015 Itransition took a place of honor among 5000 most high-growth private companies of the USA according to ^[6]

English

Welcome to Itransition, a trusted global software development company with more than 16 years (since 1998) of professional experience. We deliver a full spectrum of Software consulting and development services to clients from more than 30 countries across the globe ranging from SMBs to Fortune 500 enterprises.

Itransition has been recognized among the world’s best outsourcing providers by industry authorities in such ratings as The Global Outsourcing 100 by IOAP (since 2007), The Software 500 by Software Magazine (since 2008), and others.

Specialities

• Custom Software Development
• Software Product Development
• Software Prototyping
• Enterprise Application Integration
• Application Security
• Technology Consulting
• Enterprise Systems Development
• Software Testing & QA
• Maintenance and Support
• Virtualization Management
• Dedicated Development Center
• Mobile Application Development

Solutions

• B2B & B2C Web Portals
• Enterprise Extranets & Intranets
• Document Management
• Business Intelligence (BI)
• ERP
• Enterprise Content Management
• CRM
• Billing & Payments

Notes