Ciklum Named 2011 Global Services 100 Provider and Featured as the Top Specialty Product Engineering Vendor

Leading Danish IT Outsourcing Services provider in Eastern Europe for the second year in a row is recognized as one of the only two Providers that Define Leadership in Global IT and Business Process Outsourcing in Ukraine.

Kiev, Ukraine, July 14, 2011 --( The GS100 listing, that each year names 100 leading companies defining global IT and BPO outsourcing arena, named Ciklum the 2011 Global Services 100 Provider and featured as one of the Top Specialty Product Engineering Vendors.

The 2011 GS100 list represents companies that demonstrate excellence in delivering ITO and BPO services globally using matured models of service delivery. Hundred best companies they are; chosen through a rigorous methodology that evaluates each company across multiple dimensions, measured both quantitatively and qualitatively. The 2011 GS100 List and selected survey results are already published online at the Global Services website as of June 30, 2011.

“The global services industry has gone clearly beyond the paradigm of ‘more work at lesser cost.’ Companies are routinely seeking business outcomes, and in some cases, new forms of business value. Service providers who can deliver on these fronts make it to the GS100 and its categories,” said Ed Nair, the Editor of Global Services.

Conducted by Global Services in association with NeoAdvisory, GS100 annual report serves as a benchmark for identifying new leaders in the global services space, recognizing service providers’ excellence and maturity to serve the global market. This should not be confused with a list of the 100 largest outsourcing vendors. GS100 reflects the global diversity and overall landscape of the service provider community in terms of company sizes, countries of origin and countries of delivery, and this year it represents companies from 18 countries with operations in 30 countries.

The GS100 Methodology of rating companies who opted to participate in the survey is a weighted scoring scheme based on over 200 data points and several qualitative parameters, all focused around the four primary pillars:

1. Management Excellence
2. Customer Maturity
3. Global Delivery Maturity
4. Breadth of Services Portfolio

“The firms that are recognized in the GS100 list show a higher level of focus on client needs, employee development and process improvement. They continue to be providers of choice in the market,” said Atul Vashistha, the Founder and Chairman of NeoGroup.

Ciklum is among nine Eastern European based companies recognized this year by the GS100 and one of the only two IT Outsourcing providers representing Ukraine. This is the second time Ciklum achieves this level of recognition by GS100, where the first one was in 2010.

”Ciklum’s unique client owned nearshore development team model and the community of services and knowledge sharing that we have built are continuously enhancing and are becoming increasingly popular as our clients realize that the increased value for money in IT outsourcing can only be achieved when same people work as a team over longer periods of time, and where the facilitator of this matters a lot. Our clients are our best advocates and it is thanks to them Ciklum’s growth, in both revenue and employee numbers, is in double digits year and after year, we get named best Larger Ukrainian IT Employer 2010, and get recognized by various leading studies such as GS100 2011,” commented Ivan Pohrebniyak, Ciklum Marketing Manager.

About Global Services
Global Services, a media platform by CyberMedia (, covers strategies, best practices, and opportunities in global sourcing of ITO and BPO services. The publication reaches senior sourcing professionals in leading organizations across North America, Europe, and Asia. The Global Services brand is an integrated media platform that includes the website conferences, research, webinars, e-magazines, custom publishing, and various other content delivery formats.

About NeoGroup
NeoGroup ( was founded in 1999 (formerly neoIT) with the principle that talent in low cost locations and outsourcing firms, leveraged appropriately could create sustainable competitive advantage. NeoGroup helps organizations benefit from the rise of services globalization and outsourcing around the world. NeoGroup’s services help create competitive advantage through advisory, risk monitoring, and program management.

About Ciklum
Ciklum ( is a Danish IT outsourcing company specializing in nearshore software development by establishing and servicing clients’ own development teams in Eastern Europe, primarily in Ukraine. The environment of services and knowledge sharing within the company helps clients to market quickly and with less risk and minimal investment. Established in 2002, Ciklum employs more than 1200 IT specialists with more than 125 global clients’ own software development teams. Ciklum has six development offices in Ukraine, one in Belarus, and two in Pakistan, as well as representative offices in Denmark, Sweden, United Kingdom, Switzerland, Germany and the Netherlands. Ciklum is a winner of Red Herring 100 Europe 2009, recognized as CeBIT 2010 Top 20 innovative company delivering services/products for small and medium sized companies, and named the 2010 Top 100 global services provider. Ciklum is rated best Ukrainian IT Employer 2010 by, the Ukrainian Community of Software Developers.

Media contacts:

Ivan Pohrebniyak
Marketing Manager
T: +38 044 545 77 45 ext. 225

Global Services
Ed Nair
T: +91 9004429150

Ivan Pohrebniyak
+38 044 545 77 45