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Information Balance was established in 1988 as an IT Consultancy to provide professional consulting services to the IBM mainframe market place. From those early days the company’s growth has been fuelled by the deliberate and continuous development of core competencies in response to industry and market evolution. While we have expanded our expertise by mastering new skills and technologies, we have carefully managed this expansion to continue providing our clients with the reliable service they have come to expect from us.
Today, Information Balance is a well established Information Technology firm with on-going professional relationships with many large corporations and government organizations (see our list of clients ). From our offices in Toronto, Ottawa and Budapest, Hungary we provide technology solutions through a variety of service streams and proprietary software products.
Time Line
| 1988 |
Information Balance Inc. (IB) is formed as an IT Consultancy |
| 1989 |
IB lands first outsourced development project with major Canadian insurer |
| 1990 |
Training Division is launched with IA and DB2 Curriculum |
| 1991 |
Toronto Corporate offices are moved to 60 St Clair Ave. East |
| 1993 |
Revenue reaches $1M mark |
| 1994 |
Toronto Training Center opens |
| 1995 |
IB launches Y2K practice
Revenue surpasses $2M mark |
| 1996 |
IB launches Y2K practice
#47 on Deloitte and Touche's Technology Fast Fifty Five
Revenues surpass $3M mark |
| 1997 |
IB lands first multi-million dollar Y2K compliance project with major Canadian insurer
IB forms European subsidiary IB Europe, headquartered in Budapest, Hungary
#43 on Deloitte and Touche's Technology Fast Fifty
Regional Finalist, Andersen's "Best Managed Private Canadian Companies"
Revenues over $5M |
| 1998 |
Toronto Corporate offices move to 2 St. Clair Ave. East (Weston Centre)
Ottawa Office and Training Center opens
IB Launches Y2K Independent Validation and Verification (IV&V) Service
Awarded multi-million Y2K IV&V engagement from major US telecommunication firm
#76 on Profit Magazine's 100 Fastest Growing Canadian Companies List
Revenues over $12M |
| 1999 |
Y2K compliance and IV@V engagements worldwide
#43 on Deloitte and Touche's Technology Fast Fifty
#75 on Profit Magazine's 100 Fastest Growing Canadian Companies List
Worldwide revenues surpass $30M |
| 2000 |
IB returns to its core services of IT Consulting, Project Outsourcing and Technical Training
IB Europe lands multi-year software development contract from major UK firm
IB develops automated Application Maintenance solutions
#51 on Profit Magazine's 100 Fastest Growing Canadian Companies List
Revenues fall to $11M |
| 2001 |
IB-TestSphere, a template based, full lifecycle software testing and QA methodology product is launched
IB-DOCS, a knowledge management solution is brought to market
#48 on The Branham List of Top 100 IT Professional Services Firms in Canada
Revenues grow to $13M |
| 2002 |
IB is first to propose the concept of Application Relationship Management (ARM)
IB's ARM Solution Group is formed and IB-ARM V1.0 is announced
First ARM pilot is completed
First major IB-ARM engagement is secured from major Pension Fund
#42 on The Branham List of Top 100 IT Professional Services Firms in Canada
Revenues at $11M |
| 2003 |
First major ARM engagement is delivered to large Pension Fund
ARM Implementation chosen as finalist by CIO Magazine's IT Excellence Award Program
Major Canadian Bank uses IB-ARM as automated system documentation repository
IB-ARM V2.0 is announced
#143 on The Branham List of Top 250 Canadian Technology Companies
Revenues close to $8M |
| 2004 |
Business model re-focused on IB-ARM and Training (re-branded IB-Learning)
IB-ARM is repositioned as a full-function Application Portfolio Management solution
Substantial new IB-ARM engagements in the financial, insurance and utilities sectors
IB-ARM V2.1 and V2.2 rolled out to customers
IB-Learning launches E-Learning Campus
#166 on The Branham List of Top 250 Canadian Technology Companies
Revenues at $6M |
| 2005 |
Business model re-calibration completed; consulting no longer in main focus
IB-ARM enters radar of Forrester and other analyst firms
IB-ARM V2.3 released to customer sites
Major new win in insurance sector and continuing expansion of existing sites
First add-on software - ARM-Runbook Option is introduced to market in December |
| 2006 |
IB-ARM V3.0 is released to customer sites, focus on continued development
Site implementations grow 60%, site content doubles
IB-Learning releases new Software Testing curriculum
IB-Learning enters into re-seller partnership with IBM |
| 2007 |
IB-ARM Versions 3.1, 3.2 deliver significant functional enhancements
Major expansions of existing sites, significant growth in Refresh portfolio
IB-Learning releases re-vitalized BA Curriculum |
| 2008 |
IB enters its 20th year of operation
Continued expansion of existing ARM sites and Refresh portfolio
IB-ARM Version 4 moves IB off ASP only basis, offers customers self-administration
IB-Learning opens Calgary sales office |
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