Custom Software Development Services

Re-engineered Globally

Global Services continues to point that Russia is as an offshore destination of choice for many, and is specifically “very attractive for engineering work, as almost 50 percent of the student population in the country majors in technology, science or engineering, which is far more than in China, India, Japan or the U.S. Moreover, Russian science graduates spend between five and six years at university before entering the workforce, ensuring a more thorough training, according to Russoft, the Russian IT association.”

The article points to DataArt as a provider of engineering services in financial, telecom, media and life sciences domains, which differentiates itself with high-end projects. “We do new application development, and software R&D in our chosen verticals. We serve both end users (e.g. investment banks) and third-party software manufacturers (ISVs), primarily in the mid-size sector,” says Alexei Miller, Executive Vice President at DataArt.

“The advantage [of engineering services offshoring] is in the combination of cost and value, which make certain types of high-end, analytical work very relevant to Russia,” says Miller. “While cost is comparable to destinations like India, the quality of easily available R&D talent [in Russia] is higher. Russia has the resources to offer for advanced mathematical research, quantitative analytics, etc.”

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Russian IT Outsourcing Market on a Roll

CMP Media’s Global Services magazine profiles Russia as an outsourcing destination of choice, based on a comprehensive report of Russian IT sector by IDC Research, and features DataArt as one of its leaders. "Russian IT service companies are now counted amongst the world’s best providers," writes the magazine. Stability in relationships, technical expertise and relatively low staff turnover are the key advantages of Russian software-development companies, according to the study. "Recently, DataArt was amongst Russian companies that were recognized by IAOP (for Employee Management). Global Services, too, recognized DataArt in its annual listing of global service providers in February this year." Companies participating in the study point to the availability of very well-educated engineers, strong technical skills and sound methodologies as the benefits of outsourcing to Russia.

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DataArt Opens Fourth Development Center, in Kharkov (Ukraine)

Continuing to grow its R&D capabilities, DataArt announced the opening of a second development center in the Ukraine, in the city of Kharkiv. This is the fourth R&D facility for DataArt, with two in Russia (St. Petersburg and Voronezh), and two in the Ukraine (Kherson and Kharkiv).

Kharkiv R&D center will be focused on projects in the financial vertical. It currently employs 20 engineers, with up to 100 to be hired by the end of the year. "Kharkiv has a very strong academic base, and a rather dispersed HR market. The opening of a facility in Kharkiv allows DataArt to strengthen its financial software expertise while providing quality employment for local residents," said Michael Zaitsev, CEO of DataArt.

"We are excited that DataArt will bring challenging projects to our local experts in financial software," said Alexander Nikitenko, head of DataArt Kharkiv. "Becoming part of a leading European IT provider is a fantastic opportunity to showcase Ukrainian talent and capabilities, and we look forward to do our best in servicing DataArt clients in the U.S. and UK."

DataArt's engineering force has been growing at 40% a year. The office in Kharkiv is the third R&D office opened by DataArt in the last year. The main St. Petersburg facility currently employs over 250 people.

DataArt Opens Fourth Development Center, in Kharkov (Ukraine)

New York, July 26, 2007 – Continuing to grow its R&D capabilities, DataArt, a high-end software outsourcing company, announced the opening of a second development center in the Ukraine, in the city of Kharkiv. This is the fourth R&D facility for DataArt, with two in Russia (St. Petersburg and Voronezh), and two in the Ukraine (Kherson and Kharkiv).

Kharkiv R&D center will be focused on projects in the financial vertical. It currently employs 20 engineers, with up to 100 to be hired by the end of the year.

"Kharkiv has a very strong academic base, and a rather dispersed HR market. The opening of a facility in Kharkiv allows DataArt to strengthen its financial software expertise while providing quality employment for local residents," said Michael Zaitsev, CEO of DataArt.

"We are excited that DataArt will bring challenging projects to our local experts in financial software," said Alexander Nikitenko, head of DataArt Kharkiv. "Becoming part of a leading European IT provider is a fantastic opportunity to showcase Ukrainian talent and capabilities, and we look forward to do our best in servicing DataArt clients in the U.S. and UK."

DataArt's engineering force has been growing at 40% a year. The office in Kharkiv is the third R&D office opened by DataArt in the last year. The main St. Petersburg facility currently employs over 250 people.

About DataArt
DataArt (www.dataart.com) is a high-end custom software development 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. Headquartered in New York City, DataArt runs state-of-the-art R&D centers in St. Petersburg and Voronezh, Russia, and maintains offices throughout the U.S. and in London, UK. In 2006-2007, DataArt was named one of the world's top emerging outsourcing providers by BusinessWeek, CMP's Global Services 100 and International Association of Outsourcing Professionals.

Media Contact:
Vica Vinogradova
212-378-4108 x 14
vica@dataart.com

DataArt VP of Corp. Communications is Finalist in 2007 American Business Awards, Best Communications Executive Category

Vica Vinogradova, Vice President of Corporate Communications at DataArt, was named a Finalist for the Best Communications Executive in The 2007 American Business Awards. Hailed as "the business world's own Oscars" by the New York Post (April 27, 2005), The Stevie Awards honor and publicly recognize outstanding performances of companies and business people worldwide.

Vinogradova is one of only four finalists in the Best Communications Executive Category. Finalists were selected from over 2,000 nominations by business professionals nationwide during more than five weeks of preliminary judging.

“It’s exciting to know that our continuous efforts in communications outreach don’t go unnoticed,” said Vinogradova. “Being a Stevie Award finalist means that DataArt indeed made a breakthrough in its communications strategy and execution, and hopefully we will continue in stride to become a winner in this and other categories in the future.”

RELATED RESOURCES:

• American Business Awards