Company With Belarusian Roots Has Outpaced Amazon And Google In Growth Rates
7- 15.07.2024, 16:54
- 11,026
![Company With Belarusian Roots Has Outpaced Amazon And Google In Growth Rates](https://i.c97.org/ai/585649/aux-head-1709208341-20240229_komp_ludi_360.jpg)
Revenue grew by 224% over four years.
The subsidiary of the IT company ScienceSoft turned out to be the most dynamically developing business with Belarusian capital in the United States. The publication “Belarusians and Market” writes about this with reference to the rating of the Financial Times.
ScienceSoft USA Corporation ranked 196th in The 500 Americas' Fastest-Growing Companies 2024 ranking. In terms of revenue growth over four years (the period from 2019 to 2022 was considered), it was ahead of such well-known corporations as Amazon, Airbnb and Google. Over these four years, ScienceSoft's revenue grew by 224%.
For comparison, Amazon's revenue growth rate was only 83%, and Google's was 75%.
By the way, ScienceSoft was included in two previous Financial Times ratings.It took 374th and 440th places there.
ScienceSoft is called the oldest IT business in Belarus. The company traces its history back to Soviet times - since 1989. It entered the US market in 2015.
Among Belarusian businesses, the top 500 for 2023 also included Vention Development (ex-iTechArt). In the 2024 ranking, Vention Development took 320th place with revenue growth of 117%.