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January 29, 2008 ( PowerHomeBiz
) - New York, NY ---
While the majority of DataArt’s clients remain in the U.S., the drastic
increase in annual revenue is mostly attributed to a six-time increase of
European (UK) sales, which amounted to 25% of the overall revenue. DataArt
signed 31 new clients in 2007, among them Cyrus Capital Partners, a New York
based multi-strategy hedge fund; HedgeSpeed Technologies, an innovative
provider of integrated hedge fund middle office solutions; and Betfair, the
world’s biggest online betting company.
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With the opening of two new offices, in the Ukrainian cities of Kharkov
and Kherson, and further growth of offices in St. Petersburg and Voronezh,
DataArt development force grew by 40%. A comprehensive advanced training
program in finance, quantitative engineering and financial technology was
established in all four development locations, to further deepen the
company’s expertise in the capital markets.
DataArt received Microsoft Gold Certified Partner Status, the highest
level of competence and expertise with Microsoft technologies, and marked
over 1,500,000 billable hours since the company’s inception.
DataArt continues to be recognized by the industry for its achievements,
and was named #4 Emerging Global Service Provider and #4 Emerging European
Service Provider by CMP’s Global Services 100. In addition, it was selected
to Global Sourcing 100 by International Association of Outsourcing
Professionals for the second year in a row.
To celebrate a decade in business, DataArt staged St. Petersburg
Dialogues Symposium, bringing together renowned international speakers from
the IT industry.
“Strong growth in 2007 came from the recognition of our expertise in
selected verticals by our existing and new clients,” said Eugene Goland,
President of DataArt. “I’m proud of our team, for delivering the highest
levels of customer satisfaction and for successfully overcoming organization
challenges presented by such high growth rate.”
About DataArt:
DataArt www.dataart.com is a
high-end software outsourcing company with industry-specific expertise in
financial technology, telecom and media sectors. The company specializes in
enterprise application development, system integration and business
automation tools. In 2006-2007, DataArt was named one of the world's top
emerging outsourcing providers by BusinessWeek, CMP's Global Services 100
and by International Association of Outsourcing Professionals. Headquartered
in New York City, DataArt runs R&D centers in St. Petersburg and Voronezh
(Russia), Kherson and Kharkov (The Ukraine) and maintains offices in London,
UK.
Media Contact:
Vica Vinogradova
vica@dataart.com
212-378-4108 x.14
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