Reference name: IQSOFT

IQSOFT Intelligent Software Development, Manufacturing and Sales Co.

Type:
company
Date of foundation:
1990
Address:
Budapest, I. School Street 10.
Budapest, XIV. Teleki Blanka Street 2
Budapest, XIV: Csata Street 8.
Founders:
  • Computer Science Coordination Institute (SZKI)
  • Zentralparkasse AG (later Bank Austria)
  • General Enterprise Bank (ÁVB)
  • employee shareholders
  • Main goals and areas of activity

    Software development and trading

    Senior management
    Key figures, key people
    n.a.
    Number of IT employees
    1990-93: 35-50 employees, 1993-99: 50-70 employees, 1999-2001: 60-80 employees + 20-30 contracted subcontractors
    Revenue
    1990-93: 80-300 million HUF, 1993-99: 300-800 million HUF, 1999-2001: no data
    Computer equipment park

    personal computers

    IT developments/products/Projects

    Expert system and other banking software development for Zentralsparkasse/Bank Austria in contract work
    Launch of the distribution of the ORACLE database management system in Hungary until 1993 (transferred to ORACLE Hungary in 1993)
    Distribution of imported software products, e.g.:
    OLIB library information system (UK)
    Avalon production control system (S)

    Distribution and support of Rational products (USA)

    Gupta/ Centura development, design software distribution and support (USA)

    Document management systems

    Portfolio and fund management system (own product)

    Developing application systems with object-oriented tools

    Transformations

    It was founded in 1990 from the Theoretical Laboratory of SZKI.
    Between 1993-95, the employees bought out the shares of SZKI and then the founding Austrian and Hungarian banks: full employee ownership

    In 1999, the majority of shares were sold to KFKI Számítástechnikai Rt.
    In 2001, the sale of all employee ownership to KFKI,

    Since 2003, it has become part of the KFKI holding company under the name IQSYS Zrt.

    Interesting facts

    Continuation of research and development work initiated at the SZKI Theoretical Laboratory in the field of logic programming and expert systems
    Oracle distribution in Hungary
    Dissemination of object-oriented programming methods and product distribution
    Application and dissemination of modern project management methods

    IQSoft first became IQSYS Zrt, which then merged into T-Systems Hungary Zrt.

    The IQSOFT name lives on only in the Israeli-owned training company (IQSoft John Bryce Training Center http://iqjb.hu/)


    Created: 2016.07.03. 15:35
    Last modified: 2024.03.07. 13:56
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