DataArt is Featured in IDC Analytical Report Highlighting Strengths of Russian Software Development Outsourcing Industry

Released on = May 3, 2007, 7:28 am

Press Release Author = Vica Vinogradova

Industry = Internet & Online

Press Release Summary = ew York, , May 3, 2007 - DataArt, a high-end software
outsourcing company, is featured in a new IDC report which focuses on Russia as a
location for offshore software development. The study, produced by IDC and sponsored
by RUSSOFT, bases its findings on interviews with the U.S. and European firms that
have outsourced development of software applications to companies with R&D
operations in Russia.



Press Release Body = The research finds that stability of the relationship,
technical expertise, and relatively low staff turnover are key advantages of Russian
software development companies. Though price is often behind the initial supplier
choice, these factors influence strongly the quality of service and strength of the
relationship that customers value in their dealings with outsourcing providers with
R&D operations in Russia.
Participating companies pointed to the availability of very well educated engineers,
strong technical skills, and sound methodologies. DataArt is profiled as a company
with specific business domain expertise, low attrition and high customer retention
rates, with market focus in financial (asset management), telecom and media sectors.
"Several factors work as Russia's differentiators on the world market, such as the
large pool of highly skilled professionals with mathematics and science backgrounds,
capable of solving complex and math-intensive problems," said Vladimir Kroa,
Regional Director for IT Services Research, IDC Research. "Also, Western European
and American organizations often perceive Russia as being a closer cultural fit than
countries like India, China, or the Philippines."
"We are glad that Russia has finally gained a prominent place on the radar of
leading research organizations studying worldwide IT markets," said Eugene Goland,
President of DataArt. "Russia is often overshadowed by other geographical locations
for pure volumes of outsourcing, whereas its main offering is specific skills and
expertise, often not found in other places."
IDC anchored the research by conducting in-depth interviews with senior management
from 20 U.S. and Western European companies in the IT (hardware, software, and
services) and telecoms sector. Each of the 20 companies had nearshore / offshore
experience with Russian suppliers for application development, from specific tasks
to full R&D processes, including design, testing, and continuous maintenance.
Company revenues ranged from $10 million to $100 billion, with offices spanning one
country to near 100.
The results of the research are contained in a white paper available for download at
http://www.russoft.org/downloads/IDC_research.pdf.

About DataArt:
www.dataart.com
DataArt 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 the last year, 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.

Web Site = http://

Contact Details = Vica Vinogradova
212-378-4108 x. 14
vica@dataart.com

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