The year 2023 stands out for SotaTek as a pivotal period marked by a remarkable transition. We've evolved substantially from being mainly a Blockchain Development Company to now operating as an Enterprise IT Services Company. In 2022, our revenue distribution was notably at 70% from blockchain and 30% from various other services. However, in 2023, our revenue landscape has undergone a substantial shift, with 80% generated from enterprise IT projects and diverse sectors like Fintech, Banking, IoT, etc. This shift underscores our commitment to adaptability and excellence.
In 2023, SotaTek has achieved significant milestones, signifying our readiness in embracing this new organizational positioning. Check it out!
1. SotaTek has been actively contributing to the IT industry through a series of impactful events
- Collaborate with Ava Labs, SotaTek sponsored scholarships worth 125 million VND, offering exclusive free training courses on the Avalanche Academy for SotaTek members.
- Co-organize the "Builders on Avalanche: Bridging the Web2 and Web3 Divide" hackathon with ABC Station and Ava Labs. This event aimed to foster innovation and collaboration while encouraging participants to bridge the gap between Web2 and Web3, utilizing the AvalanchePlatform.
- Host a workshop titled "Amazon Culture and Innovation Playbook for Startups."
- Conduct numerous internal courses like the Embedded Development Class, NEO Manager, Beginner Korean Class to enhance the language and technical skills of its employees.
2. SotaTek's network of partnerships continues to grow and diversify
- Form a strategic partnership with Ava Labs, a software provider catering to the Avalanche network.
- Team up with Tokensoft, a leading token platform for real communities that has helped roughly 100 projects raise over $1 billion and run token events at-scale.
- Sign a MOU with PreTech, a HongKong-based emerging AI Technology Company delivering video analytics-based New Retail Solutions, Smart Community Solutions, A.I. Coaching Platform and Metaverse Solutions, etc.
- Form a partnership with Cyberscope, a leading Auditing Firm headquartered in Greece, having audited more than 1000+ Blockchain projects and NFTs and KYC’d more than 300 teams so far.
- Engage in discussions about the Future of Digitalization with the State Minister of the Environment.
- Officially become a partner with Blockchain Today Magazine, a highly esteemed source providing news and insights on Blockchain technology in Korea.
3. Our 2023 Prestigious Awards & Certifications
- SotaTek gained ISTQB Gold Level Partnership, highlighting our steadfast dedication to obtaining software testing certifications.
- SotaTek has been named the Top #1 Salesforce Consulting & Development Company in Vietnam by Clutch - a highly reputable IT listing site in the US.
As we close this remarkable year, we reflect on our achievements with pride, grateful for the hard work, dedication, and unwavering support of our team and valued clients. The accomplishments of 2023 serve as a solid foundation for the exciting advancements and breakthroughs that lie ahead in our journey of technological innovation.
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