New York, London, Munich, Zug – January 18, 2023 – DataArt, a global software engineering firm, announced today that it has been positioned as a Major Contender in the Software Product Engineering Services PEAK Matrix® Assessment 2022 – a report by industry analytics firm Everest Group.
This research, the fourth edition of Everest Group’s Software Product Engineering PEAK Matrix® assessment, evaluates 33 engineering service providers on the PEAK Matrix® framework for their overall and vertical-specific software product engineering capabilities and market impact, and shares insights on enterprise sourcing considerations. Being named as a ‘Major Contender’ indicates that a company is actively investing and enhancing their in-house engineering expertise and managing employee turnover.
Everest Group highlights DataArt’s strong technology partner ecosystem, wide global footprint, depth of industry knowledge and continued investment to strengthen its existing capabilities.
“We are beyond excited since this recognition validates our consistent focus on offering engineering services with domain expertise to our clients,” said Alexei Miller, Managing Director of DataArt. “This positioning is proof of the great work DataArt is doing, and it’s exciting to have an objective, third-party voice recognizing your great efforts.”
According to the report, software, the largest spending segment in product engineering, continues to grow in relevance as platform-based business models take center stage for enterprises in both product- and services-centric verticals.
This shift toward platforms is leading to the emergence of new dynamics, including:
- increased intimacy between business and technology/engineering functions
- lower tolerance for technical debt; the need to manage/retire platform-related legacy systems rapidly and effectively is more pronounced
- the build and maintain mindset is giving way to a focus on ongoing platform evolution
While the new dynamics have exponentially increased the demand for engineering talent, the geopolitical situation in Eastern Europe is worsening the already supply-constrained talent market. Engineering service providers are playing a vital role in this situation and helping their clients with scaled, persistent, and diversified engineering teams.
To learn more about the report, click here.
