Prime Investment, one of the leading investment banking companies in the region, based in Lithuania, has issued its semi-annual report “Baltic ICT Market News”. The report contains recent news of Baltic ICT market and proprietary rankings of the leading Baltic IT service companies by their revenues from in-house developed IT services and value-adding efficiency. The rankings are being compiled since 2001. Based on the proprietary ranking “Prime’s TOP-20”, Baltic IT services companies maintained a double-digit IT services revenue growth 24% for the second year in a row, while the total revenue grew at a slower rate of 16.4%. This confirms the trend, indicated by Prime Investment in the earlier reports, that the Baltic companies already have developed competitive IT infrastructure and focus further investments on business application solutions, which should allow to effectively explore the advantages of IT infrastructure in their business models and increase the security of their IT systems.