Aberdeen Group Names DataArt Best-in-Class R&D Outsourcing Provider

Business Wire, March 11, 2008

NEW YORK -- DataArt, a high-end software outsourcing company with development centers in Russia and the Ukraine, has been named a best-in-class R&D outsourcing provider by Aberdeen Group.

The Market Alert entitled DataArt Leverages a Unique Delivery Model and Europe-proximate Facilities to Win Marquee Business asserts that the company possesses the key enablers sought by clients: industry expertise, cost advantage, language skills and cultural similarity of its talent pool.

According to Aberdeen's recent research, 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. 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 delivery."

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 states, "DataArt is being recognized for solid project execution, significant growth and the unique skill sets of its staff."

"We're proud to be noted by Aberdeen Group, one of the leading research organizations," said Eugene Goland, President of DataArt. "For several years now, we have been working with our clients as technology consultants, defying the boundaries of traditional offshore outsourcing methods, building on strong industry-specific knowledge in select verticals. We have been winning business that clients didn't think was possible to outsource offshore. Aberdeen's comment, therefore, is right on the mark and is a great endorsement of our capabilities."

Aberdeen's Market Alerts provide timely analysis of current market events drawing upon independent research to lend insight into the topics that impact organizations.

About DataArt:

DataArt is a high-end software outsourcing 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. In 2006-2008, DataArt was named one of the world's top emerging outsourcing providers by BusinessWeek, CMP's Global Services 100 and by International Association of Outsourcing Professionals. Headquartered in New York City, DataArt runs R&D centers in St. Petersburg and Voronezh (Russia), Kherson and Kharkov (Ukraine) and maintains offices in London, UK.