IICT is registered at 1 July 2010. It arose after reforming the Bulgarian Academy of Sciences, as recommended in the International Evaluation of BAS performed by the European Science Foundation/ALLEA (November 2009). After reorganisation, extensive personal attestation and structural optimisation, today IICT integrates the most successful computer scientists from the former BAS Institute of Parallel Processing (IPP), Institute of Information Technologies (IIT) and Institute of Computer and Communication Systems (ICCS). The Panel 1 Report 2, discussing Mathematical and Engineering Sciences in BAS, describes the IICT groups as ′performing solid, modern work at a high international level, with good international publication record and visibility′, ′leading unit in its field with a long and distinguished history which maintains a good publication record′, ′conducting internationally visible academic research on highly relevant topics′, ′performing nationally significant applied research in timely and important areas′. The Panel 1 Report also recognises the available IICT infrastructure of High-Performance Computing (HPC) Grid.

Today IICT integrates the strongest Bulgarian groups in: large scale high performance computations, parallel algorithms, linguistic and semantic technologies, intelligent systems, signal and image processing, pattern recognition, optimisation and control and hierarchical systems. Currently IICT has research staff of 104 scientists with average age of the permanent research staff 45.6 years. In addition IICT trains 42 PhD students. In 2011, IICT had 46 running projects funded by various international and national programmes; IICT is the only BAS institute which doubles its budget by project incomes. Some 47 scientists are employed part-time in various IICT projects.

IICT is the certified Bulgarian Grid node, the coordinator of the national Grid initiatives. The institute coordinates two National Research Infrastructures (two of the seven approved in 2010):
    (i) the Bulgarian Supercomputing Centre: high performance infrastructure for computer modelling, simulations and research with application in industry, medicine, pharmacy, energy, transport, finances and environment; and
      (ii) BG-CLARIN: integration and development of Bulgarian language electronic resources as a part of the European e-Infrastructure CLARIN .