Two Ulyanovsk IT Companies Rank Higher in CNews Analytics 2019

The rating was held among developers of mobile applications for business and government agencies. Mobile.SimbirSoft and MediaSoft moved up compared to 2018 and took the 10th and the 16th place respectively.



The assessment criteria included revenue from development of mobile applications and the number of employees. Mobile.SimbirSoft increased its revenue from applications by 85.6% at the end of 2019. CNews Analytics review mentioned the company's services in custom development, interface design, UX audit, home banking solutions, mCommerce, business applications and mobile workplaces. The company also introduced two new products: a mobile insurant office and a mobile application with a chat shop.

MediaSoft's revenue from development of mobile applications increased by 63.2%. The rating focused on the company's services in creating profiles, loyalty programmes, eCommerce and service applications.

According to Svetlana Openysheva, Head of the regional state public institution "Government for Citizens", the annual participation of Ulyanovsk IT companies in leading field-specific ratings confirms the high level of specialists' skills working there and the quality of created projects. Due to the favorable environment created by order of Governor Sergey Morozov, IT companies have the opportunity to invest more resources in their development, as well as to increase salaries and the number of employees. There are tax benefits for organizations that use a simplified tax system (1% for the income), and the income tax rate has been reduced to 13.5%.