"A panel of industry elites confirmed one glaring concern in the financial services world: major investment firms do not perform adequate due diligence when choosing an outsourcing partner," writes Special Projects Editor of Waters magazine in his weekly newsletter, covering DataArt Financial Technology Executive Seminar Efficiency vs. IP Protection in Outsourcing held at Harvard Club of NY on April 14, 2008.
"One speaker at the intellectual property panel, sponsored by DataArt, asked whether or not it is possible to truly perform tried-and-true due diligence. No outsourcing firm will ever admit to shoddy security and data-handling practices, so the best testimonials come from other leading banks. The same speaker recalled asking an outsourcing firm how they handle precious data. "Easy," the outsourcer replied. "We do what you, the bank, would do."
CNews, the leading Russian IT review publication writes, “Six companies with dominant presence of Russian developers have been included into the Top-100 2008 of the International Association of Outsourcing Professional.” While some companies were selected to the list for the first time, and others no longer included in it, only DataArt, EPAM and Luxoft have remained among Global Sourcing 100 for three years in a row.
Aberdeen Group Names DataArt Best-in-Class R&D Outsourcing Provider
March 01, 2008
Aberdeen Group names DataArt a best-in-class outsourcing provider in its Market Alert, DataArt Leverages a Unique Delivery Model and Europe-proximate Facilities to Win Marquee Business.
Referencing its recent report, Aberdeen writes that from the end user’s perspective, the key benefits to outsourcing R&D functions lie in the opportunity to minimize time-to-market, reduce cost of development, enhance ability to focus on core R&D and access new professional resources. “DataArt’s solutions are designed to meet the needs of companies seeking R&D outsourcing services as its delivery infrastructure provides cost, time-zone and time-to-implement advantages,“ says the alert. “While in most companies domain experts are highly present in customer-facing positions, developers work primarily remotely. At DataArt the developers are the domain experts themselves, they bring detailed knowledge of platforms and expertise in tools, and are involved in all aspects of project scoping, customer facing and delivering allowing end-to-end development, and delivery capabilities.”
Aberdeen believes that “as a company with a high degree of expertise and specialization across several key verticals, DataArt gives extra benefits to end-users by the fact that both domain and functional knowledge are characteristics of its delivery staffers, precluding the delay of knowledge transfer that affects other firms.” Citing the company’s numerous industry awards, Aberdeen writes that “DataArt is being recognized for solid project execution, significant growth.. and the unique skill sets its staff brings to all parts of project development and delivery.”
Kommersant Daily, the leading Russian business daily, published a rating of the most open executives in St. Petersburg, those with flexible management style and transparency of operations. The Social Report, based on the data from several city newspapers, lists DataArt COO Mikhail Zavileysky among the top 100 most open business leaders of Russia's Northern capital.
Russia Today, the only English-language TV channel covering exclusively Russia, interviews two DataArt executives on the subject of Russia’s IT future. “Huge economic growth in Russia is impossible without further support for technology, according to one of the leading figures of St. Petersburg's IT scene, Artyom Astafurov,” RT quotes Senior Vice President of Global Projects at DataArt.
In another interview, Dmitry Bagrov, Senior VP of European Business, comments that Government support of higher education and cultural proximity with the West gives Russian producers an advantage compared to other popular software development destinations.
Russia Today is the first 24/7 English-language news channel to present the Russian point of view on events happening in Russia and around the globe. The channel was established in April 2005 by TV-Novosti.