New York, London, Munich, Dubai – April 16, 2024 – DataArt, a global software engineering firm, announced today that it has been positioned as a Major Contender and a Star Performer in the Software Product Engineering Services PEAK Matrix® Assessment 2024 – a report by leading research firm Everest Group.
The report is based on the assessment of 43 engineering service providers. DataArt was distinguished as a Star Performer in the Major Contender category due to its strong revenue growth driven by an increase in active clients and projects, its comprehensive approach to the value chain, and its dedicated efforts to enhance its nearshore delivery capabilities.
Eugene Goland, President and CEO of DataArt, shared:
“We are thrilled about this recognition, which reaffirms our commitment to delivering expert engineering services tailored to our clients' needs. It is a testament to the exceptional work our team at DataArt is doing, and receiving acknowledgment from an unbiased third party is incredibly rewarding.”
Mayank Maria, Vice President of Everest Group, said:
“DataArt boasts a strong nearshore and onshore delivery presence, bolstered by its recent acquisitions of Lola Tech and Software Nation. The firm places significant emphasis on cloud engineering, backed by its investments in its partner ecosystem and labs across areas such as data and analytics, testing, security, and AI/ML.
Customers appreciate DataArt for its technical expertise, price competitiveness, and ability to quickly scale up/down resources. All of this has contributed to DataArt being positioned as a Major Contender and a Star Performer in Everest Group's Software Product Engineering Services PEAK Matrix® Assessment 2024.”
According to the report, software remains the top investment in product engineering despite slowing growth due to economic downturns, geopolitical issues, talent shortages, and enterprise delays in decision-making. Amidst the macroeconomic turbulence, key trends like platform-based business models, broader AI and security integration, sustainability, and improved customer and developer experiences continue to drive software R&D. Enterprises are moving beyond just seeking engineering talent to partnering with strategic providers who can offer cost savings, speed, and innovation all at once.
To learn more about the report, click here.
