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Artezio is included into the 30th Software 500 List

Posted on Sep 25, 2012

In 2012 Artezio was included into Software Magazine’s 30th Annual Software 500 ranking. This list brings together the biggest international software development and IT services companies.

Despite the global growth of APAC IT-companies, Artezio achieved the Top-10 fast-growing IT providers in the $10M to $30M revenue category. It became possible due to the partnership with new clients from the USA, Western Europe, and Russia as well as an individual approach to each client which helped establish new and keep the current contracts. Additionally, some company changes contributed to its growth. Among them are - opening of a new software development center in Kharkov, Ukraine, establishment of Mobile Development Department, establishment of Department of Cloud Technologies, and development and promotion of Artezio’s own software products as a completely new branch of the company business.

Artezio CEO Pavel Adylin says: “We aim to stimulate Artezio’s growth in the international market for IT outsourcing and software development. The expansion and modernization of the service and technology portfolio play a big role in the company development and enable us to offer the most competitive and innovative solutions to our customers. However, I think that our teamwork led to a significant increase in performance of the company as well, so Artezio got on the Software 500 list for the third time”.

About the rating

Software Magazine's 500 is based on the total worldwide software and services revenue of IT companies in 2012. The revenue also includes revenues from software licenses, maintenance and support, training and software-related services and consulting. The total revenue of each company is not ranked, since many companies have other lines of business, such as hardware manufacturing, etc..