November 01, 2008


Itransition – one of the largest software development companies with development centers in Eastern Europe has been once again named to annual Software 500 ranking in 2008.

According to the 2008 Software 500 survey, Itransition has improved its overall rating, climbing 20 positions up in the list. The company has been ranked among top ten companies with revenues under $10 million and top ten in revenue growth: Itransition’s annual revenue grew 131% last year

“The fact that Itransition is once again featured in the list of the largest global software and services providers proves the company’s rapid business growth,” commented Sergey Gvardeitsev, CEO of Itransition Software.

Itransition has made substantial progress this year, and the recognition by Software 500 prestigious ranking is definitely confined to financial growth indicators. The partnership with Microsoft and SAP has influenced the expansion of the scope of services Itransition offers.

About Software 500
The Software 500 is an annual revenue-based ranking open to any software company in the world willing to disclose its revenues. The annual prestigious ranking involves largest software and service providers in the world targeting medium to big businesses, their IT professionals, software developers and business managers involved in software and services purchasing.