Topcoder: Difference between revisions

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==History==
Topcoder was founded in 2001 by Jack Hughes, Chairman and Founder of the Tallan company.<ref name=":0" /><ref name="HuffPost-foudning" /><ref name=":1" /> The name was formerly spelled as "TopCoder" beforeuntil 2013. Originally, Topcoder ran regular competitive programming challenges, known as Single Round Matches or "SRMs.," Eachwhere each SRM was a timed 1.5-hour algorithm competition, in whichand contestants competedwould compete against each other to solve the same set of problems. The targetcontestants audiencewere wasstudents secondaryfrom school,different university,secondary andschools collegeor studentsuniversities. Cash prizes ranging from $5,000 to $10,000 per match were secured from corporate sponsors and awarded to tournament winners to generate interest from the student community.<ref name=":0" />
 
As the community of designers, developers, data scientists, and competitive programmers involved in Topcoder grew, the company started to offer software development services to 3rd party clients, contracting individual community members to work on specific tasks. Most of the revenue, though, still came from consulting services provided to clients by Topcoder employees.<ref name=":0" /><ref name=":1" /> From 2006 onwards, Topcoder held design competitions, thus offering design services to their clients.<ref name=":0" /> In 2006 Topcoder also started to organize Marathon Matches (MM) – one week long algorithmic contests.<ref name=":7">{{Cite web|url=https://www.topcoder.com/blog/marathon-match-how-it-all-began/|title=Marathon Matches: How They All Began|last=|first=|date=April 10, 2018|website=Topcoder Blog|archive-url=|archive-date=|dead-url=|access-date=April 12, 2018}}</ref><ref group="note" name=":0">The first Marathon Match at Topcoder took place from May 10 to May 17, 2006: <nowiki>https://community.topcoder.com/tc?module=MatchDetails&rd=10015</nowiki></ref>