Arcadia
Arcadia (Аркадия) is a Saint Petersburg-based custom software development firm founded in 1993, employing 350+ IT specialists to deliver team augmentation, bespoke development, and IT consulting to enterprise clients across 20+ industries.
- Company typePrivate
- Founded1993
- HeadquartersSaint Petersburg, Russia
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Arcadia does
Arcadia (АО «Аркадия») is a Saint Petersburg-based private IT services company founded in 1993 by Arkady Khotin as a family business, now employing 350+ IT specialists and having completed 500+ projects across 20+ industries over 30+ years. The company delivers three core service lines: dedicated team augmentation (engineers embedded into client teams), custom development (end-to-end bespoke software projects with minimum pilot engagements starting at 500,000 rubles), and IT consulting (business-process analysis and technology selection). Its client base spans enterprise customers in education, automotive, healthcare, fintech, media, and travel, with international engagements documented in Belgium, Austria, Finland, Sweden, and the UK in addition to Russia.
Technology stack is broad and enterprise-grade: .NET/C#, Python, JavaScript, Java, C++, Azure cloud (Service Fabric, Cosmos DB, Data Factory, Databricks), with mobile (Flutter, Swift, Kotlin), Unity for games, and ClickHouse/D3.js for analytics. Arcadia has demonstrated applied AI/ML capabilities through client projects — histopathology computer vision (U-Net/ResNet/TensorFlow), drug-discovery ML (PyTorch, MPNN, conformal predictors), retail demand forecasting, and an open-source .NET Business Rule Compiler built on expression trees. The company operates a direct enterprise sales motion via website contact form, phone, and email with one-business-day response times, and is registered in the Russian Registry of Accredited IT Companies (OKVED 62.01).
Revenue is generated through fixed-scope custom projects, time-and-materials contracts, and multi-year staff-augmentation engagements. The business remains privately held with no external venture or PE capital disclosed and no public revenue filings; Arcadia has been bootstrapped and family-controlled since inception, with named management limited to the founder and a Delivery Manager. Geographic footprint is concentrated in Russia but includes select European engagements, and the company's recent marketing emphasizes AI capabilities, open-source contributions, and conference participation to maintain market visibility.
Arcadia firmographics
Firmographics- Name
- Arcadia
- Legal name
- АО «Аркадия»
- Website
- https://arcadia.spb.ru
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Arcadia (Аркадия) is a Saint Petersburg-based custom software development firm founded in 1993, employing 350+ IT specialists to deliver team augmentation, bespoke development, and IT consulting to enterprise clients across 20+ industries.
- Ownership category
- akta.pro rank
Arcadia industry classification
Industry- Product category
- Custom Software Development Services
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Computer Systems Design and Related Services (5415)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Enterprise Architecture & IT Operating Model (BPAHAEAB)
- akta.pro secondary industries
- Enterprise Integration, iPaaS & Middleware Services (API/EDI) (BPAEAGAH), Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)
Keywords
Where Arcadia is headquartered
LocationHeadquarters
- HQ city
- Saint Petersburg
- HQ country
- Russia
- HQ region
- Europe
Offices2 records
Markets served
Arcadia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Custom Software Development Projects: Fixed-scope custom development projects where Arcadia builds software according to client specifications, delivered on time and within budget. Minimum pilot project starts from 500,000 rubles.
- Dedicated Team Augmentation: Augmenting client development teams with experienced engineers familiar with the client's domain. Staff are integrated into client's project teams.
- Time & Materials Contracts: For projects without precise requirements, Arcadia can implement small requirements development projects or work on a Time & Material basis where clients pay for time and resources spent.
- IT Consulting: Expert recommendations in IT: business process analysis and technology selection services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Pilot Project |
| One time/ perpetual license | Multi-year contract | Fixed-scope Custom Development |
| Usage-based | Pay-as-you-go | Time & Materials |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Arcadia product offering
Product offeringCore offering
Arcadia is a custom software development company offering three primary service lines: dedicated team augmentation that embeds experienced engineers into client development teams, end-to-end custom development projects delivered on time and within budget, and IT consulting covering business process analysis and technology selection. The company also delivers specialized solutions in AI/ML (computer vision, demand forecasting, drug discovery pipelines), financial market data processing using FIX protocol, SCORM/xAPI learning platforms, and Azure cloud optimization.
Product overview
Arcadia is a custom software development services company (not a SaaS/product vendor) offering three primary service lines: Team Augmentation (dedicated IT engineers embedded in client teams), Custom Development (end-to-end bespoke software projects), and IT Consulting (expert recommendations on business processes and technology selection). The company operates as a single unified service offering rather than a platform-plus-modules architecture. AI and data science expertise is delivered as part of custom development engagements, demonstrated through client projects in demand forecasting, medical imaging, drug discovery, and e-learning. The only packaged/productized component is a .NET Business Rule Compiler (expression tree-based) available on GitHub, though this originated from a client project rather than being offered as a standalone commercial product.
Differentiator
Problem solved
Functional benefit
Products and services
- Team Augmentation (Выделенная команда) Dedicated IT engineers with domain expertise embedded into client development teams to extend their in-house capacity. Arcadia augments client teams with experienced specialists familiar with the client's domain, integrating them into the client's project teams.
- Custom Development (Разработка на заказ) End-to-end bespoke software development solving specific business problems, delivered on time and within budget. Minimum pilot project starts from 500,000 rubles. Engagements include requirements analysis, cost estimation, development, testing, and deployment.
- IT Consulting (ИТ-консалтинг) Expert recommendations on IT strategy, business process analysis, and technology selection for optimal solutions. Consulting engagements help clients choose the right technologies and processes for their business needs.
- .NET Business Rule Compiler A C# expression tree-based compiler that transforms JSON-defined business rules into executable functions. Available as open-source on GitHub. Supports complex boolean logic (AND, OR operations) with compiled rules cached for performance, supporting up to 100,000 active users in financial market data applications.
Quantifiable outcome
- 30+ years on the market since 1993
- +5 more outcomes
Companies that use Arcadia
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles5 records
Arcadia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability9 records
Feature4 records
Arcadia partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Rustici SoftwarecoreArcadia uses Rustici SCORM Engine for delivering SCORM and xAPI content playback functionality in learning management systems. The solution supports SCORM 1.1, 1.2, 2004, AICC, and CMI5 standards with integrated xAPI Learning Record Store (LRS).
- MicrosoftcoreActive use of Microsoft technology stack including Azure cloud services, .NET framework, C#, Visual Studio, and related Microsoft development tools and platforms.
- Azure (Microsoft)coreCloud infrastructure platform used for hosting applications, including Service Fabric for deployment and management, Cosmos DB for data storage, and Event Hubs for streaming messaging.
- Service Bus (Azure)coreUsed for implementing publish-subscribe messaging patterns for exchange data processing.
- Cosmos DB (Azure)coreNoSQL database used for storing user-configured business rules in the notification system.
- RediscoreIn-memory database used as a message bus for publisher-subscriber model and for fast quotation data retrieval in financial platforms.
- QARATEminorWorkshop/event organized by Arcadia for interns and developers to share knowledge and experience.
- TensorFlowcoreMachine learning framework used for computer vision applications including medical image analysis with U-Net CNN architecture.
- Southern Federal UniversityminorUniversity partnership for student internship programs and lectures on software development tools and technologies.
- Belgian and Austrian UniversitiesminorScientific collaboration in pharmaceutical ML pipeline project for drug discovery research.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Arcadia competitors and assessment
Company assessmentDirect peers
- EPAM Systems: Largest Eastern European-headquartered IT services and custom software development firm with deep roots in Russia/Belarus/Ukraine. Closest publicly listed peer to Arcadia in terms of services portfolio, technology stack, and offshore delivery model.
- Luxoft (a DXC Technology company): Global IT services firm founded in Russia and now part of DXC, providing custom software development and digital strategy across finance, healthcare, and telecom. Comparable in custom delivery, Russian engineering heritage, and enterprise customer mix.
- DataArt: US-headquartered IT services firm with major Russian/Polish engineering centers, offering custom software development, cloud, and data engineering. Directly comparable services portfolio, technology stack, and vertical mix (finance, healthcare, media).
- Itransition: Custom software development company headquartered in Belarus/US with Eastern European delivery. Comparable in custom development services, dedicated teams, and mid-to-large enterprise customer focus.
- Andersen Lab: Custom software development firm with origins in Belarus/Russia and delivery centers across Eastern Europe. Directly comparable in team augmentation, custom development, and enterprise client engagement model.
- ScienceSoft: US-headquartered IT consulting and custom software development company with significant Eastern European delivery. Comparable in custom application development, data/AI services, and industry-vertical approach (healthcare, finance, retail).
- Artezio: Russian custom software development and IT services firm headquartered in Moscow. Closest in-market peer to Arcadia, with overlapping technology stack (.NET, Java, mobile) and similar dedicated-team and fixed-price offerings.
- SimbirSoft: Russian custom software development firm providing web, mobile, and QA services across multiple verticals. Comparable services portfolio, Russian-market customer base, and dedicated-team business model.
Broad incumbents
- Cognizant: Global IT services giant (post-Luxoft acquisition). Competes with Arcadia for enterprise custom development and IT consulting engagements, but at vastly larger scale and with broader service portfolio including infrastructure and BPO.
Regional players
- IBA Group: Belarus-headquartered IT services firm providing custom software development, SAP, and enterprise solutions across Eastern Europe. Comparable in custom development focus and regional enterprise client base, though Arcadia's Russia HQ and IBA's Belarus HQ place them in distinct primary geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Arcadia social profiles
Digital presenceArcadia compliance and trust
Trust signalCompliance2 records
Arcadia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arcadia leadership team
Management profileNumber of profiles
Profiles2 records
Arcadia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arcadia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Arcadia
What does Arcadia do?
Arcadia is a custom software development company offering three primary service lines: dedicated team augmentation that embeds experienced engineers into client development teams, end-to-end custom development projects delivered on time and within budget, and IT consulting covering business process analysis and technology selection. The company also delivers specialized solutions in AI/ML (computer vision, demand forecasting, drug discovery pipelines), financial market data processing using FIX protocol, SCORM/xAPI learning platforms, and Azure cloud optimization.
Is Arcadia a public or private company?
Arcadia is a private company. It is classified as family owned and is currently operating.
When was Arcadia founded?
Arcadia was founded in 1993. It employs 251 to 500 people.
Where is Arcadia based?
Arcadia is headquartered in Saint Petersburg, Russia, in the Europe region.
How does Arcadia make money?
Four revenue lines are on record. Custom Software Development Projects are the primary driver. The others are dedicated Team Augmentation, time & Materials Contracts and IT Consulting.
Who are Arcadia's main competitors?
Direct peers on record are EPAM Systems, Luxoft (a DXC Technology company), DataArt, Itransition, Andersen Lab, ScienceSoft, Artezio and SimbirSoft. Cognizant is listed as a broad incumbent. IBA Group is listed as a regional player.
Does Arcadia have an API?
No public API is recorded for Arcadia.
What industry is Arcadia in?
Arcadia's product category is Custom Software Development Services. Its primary akta.pro industry code is BPAHAEAB, Enterprise Architecture & IT Operating Model, with a secondary code of BPAEAGAH, Enterprise Integration, iPaaS & Middleware Services (API/EDI). Its NAICS code is 541511 and its SIC code is 7371.