ThinkEco develops hardware and software energy-efficiency solutions for businesses and consumers. Its patent-pending modlet® (for “modern outlet”) features intelligent engineering and algorithms to provide a simple, low-cost and easy-to-use solution for saving money and energy on electronic appliances. Once plugged into a standard outlet, the ThinkEco modlet gives users remote control access to all their plugged-in devices through its built-in wireless connectivity, and offers an intuitive method to save money. More specifically, the modlet tracks power consumption of plugged-in devices, allows users to set custom energy-saving schedules for them, and tracks the users’ overall saving performance for users.

DataArt has been engaged by ThinkEco to develop parts of the ThinkEco modlet technology platform, including the modlet iPhone and Android apps, cloud infrastructure (web and DB servers), and client-side application software. Integrating into ThinkEco’s core product R&D, DataArt added scalability and expanded the mobile platform, enabling availability across a range of devices. The resulting ThinkEco modlet apps allow users to monitor power consumption at each plug, remotely turn plugged-in devices on/off, view custom energy-saving scheduling plans and provision real-time access to effectively track and adjust usage costs.

“We developed the modlet and our energy efficiency sensor technologies to make it easier for consumers, business, OEM’s, utilities and large enterprises to save energy and money from the electrical waste from plugged-in devices, and DataArt immediately got what we want to do,” said Jun Shimada, chief technology officer and a founder of ThinkEco. “We want to enable the internet of things as we expand our productive partnership with DataArt.”

“ThinkEco offers a convenient portal to maintaining an eco and budget friendly lifestyle,” said Artyom Astafurov, SVP and Chief Innovation Officer of DataArt. “DataArt development teams live on the greener side of the fence and our continued collaboration will support ThinkEco’s sustainability initiatives, empowering users to control their carbon footprint as well as their energy costs.”

Custom Software Development Firm Creates a Roster of Green Applications to Remotely Monitor Power Consumption

NEW YORK – January 25, 2012 – DataArt, a custom software development firm that builds advanced solutions for key industries, announced that it has been selected by ThinkEco, Inc. as a dedicated technology partner for software development to support energy sustainability and the internet of things.

ThinkEco develops hardware and software energy-efficiency solutions for businesses and consumers. Its patent-pending modlet® (for “modern outlet”) features intelligent engineering and algorithms to provide a simple, low-cost and easy-to-use solution for saving money and energy on electronic appliances. Once plugged into a standard outlet, the ThinkEco modlet gives users remote control access to all their plugged-in devices through its built-in wireless connectivity, and offers an intuitive method to save money. More specifically, the modlet tracks power consumption of plugged-in devices, allows users to set custom energy-saving schedules for them, and tracks the users’ overall saving performance for users.

DataArt has been engaged by ThinkEco to develop parts of the ThinkEco modlet technology platform, including the modlet iPhone and Android apps, cloud infrastructure (web and DB servers), and client-side application software. Integrating into ThinkEco’s core product R&D, DataArt added scalability and expanded the mobile platform, enabling availability across a range of devices. The resulting ThinkEco modlet apps allow users to monitor power consumption at each plug, remotely turn plugged-in devices on/off, view custom energy-saving scheduling plans and provision real-time access to effectively track and adjust usage costs.

“We developed the modlet and our energy efficiency sensor technologies to make it easier for consumers, business, OEM’s, utilities and large enterprises to save energy and money from the electrical waste from plugged-in devices, and DataArt immediately got what we want to do,” said Jun Shimada, chief technology officer and a founder of ThinkEco. “We want to enable the internet of things as we expand our productive partnership with DataArt.”

“ThinkEco offers a convenient portal to maintaining an eco and budget friendly lifestyle,” said Artyom Astafurov, SVP and Chief Innovation Officer of DataArt. “DataArt development teams live on the greener side of the fence and our continued collaboration will support ThinkEco’s sustainability initiatives, empowering users to control their carbon footprint as well as their energy costs.”

About DataArt:
DataArt (DataArt) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the world’s top ten investment banks. Follow us on Twitter @DataArt and Facebook www.facebook.com/DataArt

About ThinkEco, Inc.
Founded in 2008, ThinkEco, Inc. is a New York City-based company developing easy-to-use energy efficiency solutions for homes and businesses. Its flagship product, the modlet, is an intelligent outlet that provides a simple, low-cost and installation-free method for saving money and energy on electronic appliances. The modlet software is a web application that has been developed in a scalable client-server architecture. The modlet® has received multiple awards and was recently featured on the Martha Stewart Show, the Today Show and the Early Show.

For more information, visit www.thinkeco.com or follow the company on Twitter @ThinkEco and Facebook at www.facebook.com/ThinkEco.

Media Contacts:
Vica Vinogradova
+1-212-378-4108 x. 4014
vica@dataart.com

Laura Anderson
Articulate Communications
212.255.0080, ext. 11
landerson@articulatecomms.com

Pharos is a leading provider of software solutions for e-Commerce travel trading, with rail, tour, ferry and accommodation operators among its clients. It provides customers with solutions working to high performance, industry standard protocols in business-critical applications, serving them 24×7, year after year. Pharos has profound experience in connectivity, integration and reservations for transportation, accommodation and holiday packages, together with specialization in secure Card payments and ticketing.

Business Challenge

As mobile usage trends grow, rail, air, tour and ferry operators seek to adopt new technologies to facilitate a connection with the target audiences via mobile devices. Frequent travelers spend hours on the road or on planes with no access to desktop applications and need a mobile booking interface to book tickets on the move.

Pharos needed to build a mobile version of their booking engine to provide new channel opportunities to their existing clients, acquire new customers and increase volumes and overall profitability. To implement the mobile sites, Pharos chose DataArt as a software development partner.

How the Challenge Was Solved

DataArt developed a ferry booking web interface optimized for the iPhone, iPad, Blackberry, and Android. Mobile device users are leveraging the convenience of mobile booking website to research the itinerary and book it quickly and easily.

The mobile website allows the user to:

• Register in the system
• Choose the most suitable itinerary
• Compare prices
• Book the cheapest ferry across the English Channel
• Pay for the ferry ticket

The system was implemented using JSP and Servlets for the server side and jQuery Mobile framework for the client side, with JSON used for communications.

Business Benefits

• The booking website’s UI was optimized for mobile devices
• Improved Customer Service via new touch point
• Mobile booking channel offers access to last minute, ‘on-the-go’ bookings was scaled up

About DataArt

DataArt is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems.

With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the top ten investment banks.

http://www.dataart.com/

by Dmitry Yakovlev

Dmitry Yakovlev, Senior Vice President of DataArt, contributes a by-lined article to HPC in the Cloud, reviewing the existing cloud landscape and sharing his expert opinion on what .NET developers should focus on in order to master their skills in Windows Azure Application Development.

“In the years to come, cloud computing will take a substantial piece of the market from traditional deployment models. This implies growing demand for applications that can operate in a cloud environment, and for software engineers skilled in cloud computing technologies. Since commercial software development is driven by enterprises which prefer mainstream technologies, Amazon EC2 and Windows Azure are likely to be the two platforms of choice for software developers. Considering the fact that both platforms can host applications written in different programming languages, one should denote Java and .NET as primary development platforms for Amazon EC2 and Windows Azure respectively.”

(Original article)

NEW YORK – January 10, 2012 – DataArt, a custom software development firm that builds advanced solutions for select industries, announced today that despite challenging market conditions 2011 represented a considerable year-over- year momentum for its financial technology practice. 15 new client wins and a prominent 15 percent division growth, which reflects 100 percent retention rate from financial services clients who signed on in 2008, validate the company’s industry expertise in the key areas of portfolio and risk management, derivatives and market data application development.

The increased demand within the financial technology practice spurred the launch of the wealth management and advisory division dedicated to meeting the diverse and sophisticated needs of asset and investment management along with financial technology, analytics and data provider firms. In 2011, DataArt completed several projects of incredible technical complexity for the front office and electronic trading, enabling many of the world’s largest investment banks to run live on algorithmic trading and transaction processing systems, processing well over 100 million orders each day. Additionally, DataArt’s commitment to build up Private Equity technology expertise has allowed clients to support complex research workflows, valuations and investor reporting.

DataArt’s technology innovations, its strong management and growth have been recognized by prestigious industry organizations, including the 2011 Global Services 100 List and Inc. 5000 List of Fastest Growing Private U.S. Companies. Alexei Miller, Executive Vice President of DataArt, also appeared on the buy-side risk panel at FLP Americas Trading Conference and led the global multi-sourcing transformations panel at the 5th annual FSO summit.

“Despite a down year for large financial institutions, DataArt’s capital market practice grew at a double digit rate which represents the push for engineers who speak the language of finance, “said Alexei Miller, EVP of DataArt. “While we have created solutions to assist large investment firms, many of our new clients are financial technology startups, working on innovation solutions in electronic trading and OTC derivatives. The continued market uncertainty will drive more entrepreneurs to find new resolutions and we are well positioned to collaborate with companies in 2012, big and small, to build applications that are essential to their business and established strong strategic technology partnerships.”

In 2012 DataArt anticipates interest from the financial sector to boost dramatically as firms look to drive efficiencies, reduce costs and minimize software development risks:

• Technology spend will continue to be influenced by regulations in credit risk and capital management, presenting the range of challenges exclusive to the financial services industry.
• A new generation of market data providers requiring development initiatives in OTC and complex derivatives will emerge, driving the need for real-time applications.
• An increased push toward the cloud: while private cloud technology is now common place in the data center, we may see an increased push towards public cloud and PaaS providers. DataArt is well prepared, having invested in staff and certifications on key cloud platforms, including force.com, Microsoft Azure and Google AppEngine.
• An upturn in interest in mobile tablet applications: an area that rocked technology investment elsewhere but until recently received little attention from financial firms. DataArt is currently working on a range of mobile portfolio reporting tools for clients of all sizes.

About DataArt:
DataArt (www.dataart.com) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the top ten investment banks.

http://www.twitter.com/DataArt

Media Contacts:
Vica Vinogradova
+1-212-378-4108 x. 4014
vica@dataart.com

Laura Anderson
Articulate Communications
212.255.0080, ext. 11
landerson@articulatecomms.com

The increased demand within the financial technology practice spurred the launch of the wealth management and advisory division dedicated to meeting the diverse and sophisticated needs of asset and investment management along with financial technology, analytics and data provider firms. In 2011, DataArt completed several projects of incredible technical complexity for the front office and electronic trading, enabling many of the world’s largest investment banks to run live on algorithmic trading and transaction processing systems, processing well over 100 million orders each day. Additionally, DataArt’s commitment to build up Private Equity technology expertise has allowed clients to support complex research workflows, valuations and investor reporting.

DataArt’s technology innovations, its strong management and growth have been recognized by prestigious industry organizations, including the 2011 Global Services 100 List and Inc. 5000 List of Fastest Growing Private U.S. Companies. Alexei Miller, Executive Vice President of DataArt, also appeared on the buy-side risk panel at FLP Americas Trading Conference and led the global multi-sourcing transformations panel at the 5th annual FSO summit.

“Despite a down year for large financial institutions, DataArt’s capital market practice grew at a double digit rate which represents the push for engineers who speak the language of finance, “said Alexei Miller, EVP of DataArt. “While we have created solutions to assist large investment firms, many of our new clients are financial technology startups, working on innovation solutions in electronic trading and OTC derivatives. The continued market uncertainty will drive more entrepreneurs to find new resolutions and we are well positioned to collaborate with companies in 2012, big and small, to build applications that are essential to their business and established strong strategic technology partnerships.”

In 2012 DataArt anticipates interest from the financial sector to boost dramatically as firms look to drive efficiencies, reduce costs and minimize software development risks:

• Technology spend will continue to be influenced by regulations in credit risk and capital management, presenting the range of challenges exclusive to the financial services industry.
• A new generation of market data providers requiring development initiatives in OTC and complex derivatives will emerge, driving the need for real-time applications.
• An increased push toward the cloud: while private cloud technology is now common place in the data center, we may see an increased push towards public cloud and PaaS providers. DataArt is well prepared, having invested in staff and certifications on key cloud platforms, including force.com, Microsoft Azure and Google AppEngine.
• An upturn in interest in mobile tablet applications: an area that rocked technology investment elsewhere but until recently received little attention from financial firms. DataArt is currently working on a range of mobile portfolio reporting tools for clients of all sizes.

In his by-lined article for TabTimes, Dmitry Stillermann, Vice President of Capital Markets at DataArt, discusses dos and don’ts for developing tablet enterprise applications, outlining business considerations, platform advantages, security issues and implementation costs.

“When does it make sense to switch to a tablet in a business scenario? And how much should you spend?

For internal business processes, tablet applications provide the most value for the staff involved in many external meetings… I can make a firm statement: tablet development does not have to be costly, provided that you know what you’re doing.

Vendors, not being heavily constrained by any legacy compatibility considerations, have used all the best ideas that the software industry has come up with during the last decade. Development tools are unbelievably efficient and application programming interfaces (APIs) are well designed and documented. … Publishing, deploying and managing apps are less of a hassle than some will lead you to believe.”

(Original article)

By Jeff Vance

“If 2011 was a tumultuous year, 2012 is shaping up to be even more chaotic,” writes Jeff Vance of Datamation. “The inevitable invasion of smartphones and tablets into the enterprise will have CIOs scrambling to figure out BYOD solutions. Microsoft will finally start to challenge Apple and Android, and new types of mobile apps will start to emerge, such as context-aware apps and mobile wallets.

Denis Margolin, Vice President of Mobile Solutions at DataArt, shares his thoughts with Datamation on what trends will shape the mobile technology landscape in 2012 and offers the following insight:
“Microsoft used the year [2011] to polish its OS and now WP7 is a mature operating system standing on par with Android and iOS. The early sign of changes to come is that leading players (HTC and Samsung) not only developed decent hardware for WP7 (Samsung Galaxy W, HTC Titan), but have also started to advertise it extensively,” Denis Margolin, VP of Mobile Solutions for DataArt, a software development firm, wrote to me in a recent email.

The Nokia partnership could also start bearing fruit. “The Lumia 710 is an example of a cheap, yet high-quality and capable smartphone that will do very well in the European market. It’s much more responsive and better built then Android handsets with comparable price points,” Margolin argues.

(Original article)

by Anthony Malakian

Deputy Editor of Buy-Side Technology Anthony Malakian spoke with Alexei Miller of DataArt about Cloud technology at Waters USA Congress. In his article in Waters magazine, Malakian shares Miller’s controversial yet refreshing view about the ubiquitous nature of the term and strategy. The view is also supported by JPMorgan Chase CTO and State Street CIO.

“At Monday’s Waters USA conference I had an interesting conversation with DataArt’s Alexei Miller. He says that for all the talk about cloud technology, most of it is spurious. I agree.
Everything gets called “cloud” these days, and as a result this homogenized definition has been bent to mean everything from virtualization to grid to platform-as-a-service. As State Street CIO Chris Perretta put it, “Every vendor that comes into our office just says, ‘Cloud!’ If they sell you a flashlight, it’s a cloud flashlight.”"

Full article

More than 30 leading IT firms were nominated for this year’s ranking by their employees, with categories including Projects and Teams, Compensation, Career Opportunities, Office and Management. In addition to the top place among firms with 200-800 employees, DataArt was named the best work place for engineering students.

Two of DataArt’s Ukrainian R&D centers have been named top IT employers of 2010, in the cities of Kharkov and Kherson. This year DataArt clenched the overall title for Ukraine.

“DataArt’s consistent inclusion in key industry rankings is a testament to our dedication to excellence in customer service and employee management,” said Eugene Goland, President of DataArt. “We’re proud of our Ukrainian colleagues, who not only deliver fantastic results for our clients, but help make DataArt a great company that it is.”

Over the past year DataArt has reached an all-time high in annual revenue, expanded its global footprint to Switzerland and opened European headquarters in Ukrainian capital Kiev, increasing the total headcount to 650. DataArt has also been named to 2011 Inc. 5000 List of America’s fastest growing private companies and to 2011 Global Sourcing 100 List of best outsourcing providers worldwide.

See a complete list of top Ukrainian IT companies.

About DataArt:

DataArt (www.dataart.com) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the world’s top ten investment banks.

http://www.twitter.com/DataArt

Media Contact:

Vica Vinogradova
+1-212-378-4108 x. 4014
vica@dataart.com