New York, London, Munich, Dubai – March 26, 2024 – DataArt, a global software engineering firm, is proud to announce its designation as a Major Contender in the Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment 2024, by leading research firm Everest Group.
The report is based on an evaluation of 26 analytics and AI services specialists, focusing on their market impact, vision, and capabilities. Achieving the status of ‘Major Contender’ reflects a company's dedication to continuous investment in improving their skills and proficiency in managing employee turnover.
Yuri Gubin, Chief Innovation Officer at DataArt, said:
"This recognition highlights our commitment to innovation at DataArt. We apply analytics and AI to address our clients' current needs while anticipating their future challenges. This also reaffirms our role as a trusted Partner for Progress for industry leaders, constantly seeking growth opportunities."
Dmitry Baykov, Technical Director of AI/ML at DataArt, added:
“Being included in the PEAK Matrix for Analytics and AI Services, shows the strength and depth of our AI/ML capabilities and our focus on delivering end-to-end solutions that help our clients to maintain a competitive edge. We're not just responding to change—we're creating it, ensuring our clients are always at the forefront of innovation.”
Vishal Gupta, Partner, Everest Group, says:
"DataaArt has established strong R&D capabilities backed by its D&A and AI labs. They have also nurtured strong technology partnership ecosystem with hyperscalers and data ISVs, leveraging these partnerships in joint offerings and co-investments.
This, alongside the inorganic investments made through acquisitions over the last couple of years to strengthen their onshore capabilities, has helped DataArt emerge as a Major Contender in Everest Group’s Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment 2024."
According to the report, enterprises increasingly demand solid return on investment (ROI) evidence before investing in Analytics and AI amid economic uncertainties. Furthermore, a tight regulatory landscape makes companies more cautious about adopting generative AI technologies.
To mitigate these challenges, many are turning to analytics and AI services specialists for pilot projects and broader implementation assistance. This trend is pushing providers to enhance their expertise in data, analytics, and AI, and broaden their industry-specific knowledge.
To learn more about the report, click here.
