September 20, 2012

2Itransition Inc., a software development innovator providing full-cycle services, announced it secured a spot among the largest firms in the Information Technology and Software sphere on the 30th Annual Software 500 list compiled by Software Magazine.

Itransition, ranked 415th, is on a growth curve again. The company keeps increasing revenues each year, and demonstrates sustainable headcount growth.

The Software 500 is a revenue-based ranking of the largest software and services suppliers, targeting medium to large enterprises. The ranking is based on total worldwide revenue for the previous year. “The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 19 percent growth from the previous year’s list,” says John P. Desmond, editor, Software Magazine.

“Being abreast with hundreds of leading providers in such an innovative and dynamic area as software services for years is very motivating for us. To boost our client satisfaction through better client support and communication we have been investing into the development of our onshore offices, especially in the United States, and it is paying back now. We sealed a couple of huge deals with new clients, and we look forward to the year 2013,” commented Sergey Gvardeytsev, CEO of Itransition.

About Software Magazine and Rockport Custom Publishing

Software Magazine has been a brand name in the high-tech industry for more than 36 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing. Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.