In 2005 DataArt increased its overall revenue by 50%, which amounted to 300% revenue growth in the last three years. DataArt strengthened its focus on servicing financial firms and technology companies. We formed a dedicated financial group, DataArt Finance, and signed several key clients in the niche. We established a long term relationship with 33 new clients and maintained client retention rate at 90%. DataArt increased its resource pool to 700 consultants in Russia and opened a regional U.S. office in Jacksonville, Florida. The company joined several industry associations, including International Association of Outsourcing Professionals (IAOP), with Eugene Goland becoming Chairman of SME Global Sourcing Chapter. DataArt's efforts were widely covered by the media, including Hedge Fund & Investment Technology and Waters magazines. In January 2006, DataArt was listed among 15 Emerging Outsourcing Players worldwide by Business Week magazine.
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