International MSME Day: Lumitech Reaches 850% Growth Milestone and Strengthens Its Position in Global Software Markets

New York City, New York Jun 27, 2026 (EMWNews.com) – In recognition of International MSME Day, Lumitech announced that it has achieved 850% cumulative growth since 2022, evolving from a startup into an international custom software development company serving clients across multiple regions with a team of around 100 professionals. During this period, the company was recognized by Clutch among the 100 Fastest-Growing Companies Driving Growth in 2026 and by Techreviewer.co as one of the Top Generative AI Development Companies in 2026.

International MSME Day, observed annually on June 27 under the United Nations framework, recognizes the contribution of micro, small, and medium-sized enterprises to innovation, employment, and sustainable economic growth. As demand for AI and custom software accelerates worldwide, companies like Lumitech demonstrate how specialized technology firms can compete internationally by combining engineering expertise with long-term client partnerships.

Since its founding in 2022, Lumitech has reported year-over-year growth of +310% from 2022 to 2023, +60% from 2023 to 2024, and +44% from 2024 to 2025. The company attributes its expansion to long-term customer relationships, increasing international demand for custom software solutions, and a strong focus on delivery quality rather than rapid short-term scaling.

“International MSME Day reminds us that impactful businesses often begin as small teams solving real problems,” said Denis Salatin, Founder & CEO at Lumitech. “One of the biggest challenges in scaling is that companies often focus too much on expansion and too little on delivery discipline. In our case, long-term growth came from staying close to clients’ needs and ensuring quality could scale with the business. AI is now raising the bar even further: clients expect faster execution, better insights, and more value from the same engagement.”

Lumitech develops custom software, AI-powered business solutions, SaaS products, enterprise modernization projects, and digital transformation initiatives for organizations across multiple industries. Looking ahead, the company plans to continue its international expansion throughout 2026 while maintaining its focus on innovation, operational excellence, and long-term client success.

Media Contact

Liubov Pesotska
Outreach Manager
Lumitech
[email protected]
+971 50 688 91 64