Tech Consultancy DataArt See Significant Finance Growth

By Carly Minsky

HFM Technology covers DataArt’s 2016 year-end results, including a record $97ML in annual revenue. The oldest and most established finance practice posted a 75% growth in revenue, launching new projects for existing clients and signing new clients in banking, exchanges, asset management and insurance.

“Global technology consultancy DataArt has reported a 75% revenue increase in 2016 from its finance practice which signed 29 new clients over the year. New initiatives focused on legacy systems transformation, data management, blockchain projects and regulatory compliance. The company announced a record revenue of $97m across its practices.

Alexei Miller, Managing Partner at DataArt, said: “Approaching $100 million in annual revenue is a significant milestone for DataArt and a key indicator of the measurable value we deliver to our clients. We are proud that more than ever, our initial engagements increasingly develop into long-term strategic multi-project partnerships as our clients recognize DataArt for our engineering excellence, business and technology consulting expertise, and simply the ease of working with us.”

View original article here.