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Company: iTechArt Group, New York, NY
Company Description: Since 2002, iTechArt has been an industry-leading software development partner to 500+ startups and fast-growing companies worldwide, on cutting-edge tech across industries. Headquartered in New York with 17 offices and 3,500+ developers worldwide, iTechArt equips companies with dedicated engineering teams and helps scale from MVP to unicorn — contributing to $13B+ in acquisitions and 20+ IPOs.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Fastest Growing Tech Company of the Year - 2,500 or More Employees
 Nomination Title: iTechArt Group
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 195 words used.
Since 2002, iTechArt has been an industry-leading software development partner to 500+ disruptive startups and fast-growing companies worldwide. Of these companies, 90% are working on cutting-edge technology and in emerging markets. Equipping these companies with teams of dedicated engineers, iTechArt helps them scale from MVP to unicorn status — contributing to $13B+ in acquisitions and 20+ IPOs. With extensive experience in web, mobile, cloud, DevOps, and emerging technologies, our 3,500+ developers deliver high-ROI, high-performing products that our client’s end users love.
A developer powerhouse, headquartered in New York with 20 offices worldwide, iTechArt provides fully dedicated engineering teams armed with custom software solutions to teams. We help our clients reap the benefits of innovative software and technologies across industries to date, from healthcare and finance to gaming and real estate.
iTechArt is recognized as a partner of choice to world-leading companies, including AWS, Google, and Microsoft, to help businesses accelerate cloud adoption and connect data across AI/ML, application development, cloud migration, data analytics, IoT, and more. The company has been ranked consecutively on the Inc. 5000 Fastest Growing Companies list since 2018, Financial Times Americas Fastest Growing Companies list since 2021, and many more.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 212 words used.
From 2020 to the present day, iTechArt has established several milestones and cemented itself as a trusted partner to many breakout startup names. To reach this level of credibility, iTechArt emphasized the importance of its employees. With around 1,700 employees worldwide in 2020, iTechArt has grown to over 3,500 employees — more than doubling its count — and opened six new offices to a total of 20 global locations.
iTechArt attributes this growth to its custom software developer work with exciting startups and tech companies that are working at the forefront of innovation. With hundreds of clients worldwide, iTechArt leverages its industry knowledge and strong pulse on new trends to develop solutions and products for its clients, efficiently and effectively. As the majority of iTechArt’s clients are startups that are actively funding, it’s critical for those companies to work with not only the best in the market but with developers who are able to work quickly without sacrificing quality. It’s because of its track record of developing solutions to market in 30% less time than in-house that clients see iTechArt as a business partner versus a traditional software shop. In fact, iTechArt’s average client engagement lasts at least two and a half years, and 75% of its clients are referrals.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 185 words used.
The exciting work that iTechArt seeks in its new clients and its investment in education and reskilling is what makes it a destination for software developers. iTechArt’s massive growth is not only because of new coming talent and projects but because of its 5.6% attrition rate — the industry’s lowest, compared to competitors’ 25% turnover rate.
In just one year, from 2020 to 2021, iTechArt’s revenue and client base increased by more than 50% each. During a time when many companies dropped their vendors and agencies in order to reserve cash flow amid the initial pandemic panic, iTechArt remained a critical component to its clients’ success and proved to be crucial for tens of new companies.
As further proof of iTechArt’s continuous and substantial growth, the company has been listed in the Inc. 5000 Fast-Growing Private Companies in America list three consecutive years in a row and was listed in the 2021 Financial Times Americas’ Fastest-Growing Companies list. Working as the startup world’s best-kept secret, iTechArt is the trusted, partner of choice for developing the software for the next generation of tech solutions worldwide.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
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