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DataArt Reports 2020 Results: Record Revenue, Sustainable Growth, and Expanding Workforce
February 16, 2021 GMT
NEW YORK--(BUSINESS WIRE)--Feb 16, 2021--
DataArt, a global technology consultancy that designs, develops, and supports unique software solutions, today reported record high annual revenue of $181M for 2020.
Despite a sharp drop-off in demand in some sectors, DataArt achieved overall revenue growth of 15% while maintaining a target ten-percent margin. The company cemented more than 155 significant new client relationships and generated $21.8M in new business revenue.
Notably, despite the many challenges posed by the COVID-19 pandemic, DataArt not only kept its entire workforce – more than 3500 employees – working full-time but added more than 700 new employees to its ranks.