20 August 2014
DataArt, a custom software development firm that builds advanced solutions for select industries, has been named to the annual Inc. 5000 list of the fastest-growing U.S. private companies for the fifth consecutive year, placing in the top half of the Software category.
DataArt posted record revenue of $39 million in 2013, securing over 90 new client wins, and continued its impressive performance in 2014, signing 50 new clients since the year’s start. Client growth has been broad-based, with nine new signings in travel and financial services, six in media, and four in healthcare. In addition, DataArt has expanded to Western Ukraine and Poland, bringing the total employee count to 1,200 across 12 global locations.
“Only a tiny fraction of the nation's companies have demonstrated such remarkably consistent high growth, particularly in the difficult economic environment of the past few years. This achievement truly puts DataArt in rarefied company,” said Inc. magazine editor Eric Schurenberg.
“To be included in such a prestigious ranking for five years in a row is an outstanding testament to the dedication and hard work of our team,” said Eugene Goland, President of DataArt. “We thank our customers for the trust they place in us, as we continue to ensure that we are delivering the highest value for their businesses.”
DataArt continues to be a key technology partner for its clients in the financial services, healthcare, hospitality and media industries. Recent projects include a new release of risk and portfolio management system for German-based management consultant zeb, the launch of London mini-cab company app Bounce, the development of a digital platform for an insurance services provider REG, and collaboration with Squawker on the first high-touch negotiation venue for sell-side trading.