EPAM Systems is a global software engineering services company with three decades of consistent growth and a recent placement in our top enterprise IT channel partners.
Specializing in engineering, design, and digital transformation, EPAM’s presence in North America and Europe is sizeable – and there are no signs of the company slowing down. The enterprise services provider offers end-to-end IT services thanks to several strategic acquisitions and a growing workforce that crossed the 50,000 employee mark in 2021. Its growing solution stack includes the latest managed IT infrastructure services for enterprise applications, API integration, cloud modernization, automation, and securing the development pipeline.
This profile offers a look at EPAM services and solutions, target markets, user opinions, industry recognition, and current financial position for potential channel partners to evaluate.
EPAM Solutions and Specialties
Consulting and Design for Infrastructure
Also known as EPAM Continuum, the vendor’s consulting and design solutions offer services for brand strategy, organization enablement, business design, enterprise technology, and more. Consultants focus on transforming organization and infrastructure processes with extensive capabilities.
White Space Business Design: Innovate and build products, services, business models, and ecosystems, and extend portfolio segments.
Brands & Marketing: Strategize branding, design, and marketing, enrich content management, and optimize sales via programmatic and search marketing.
Experience Transformation: Transform user experience (UX) for customers and employees and optimize the design of experiences, products, and physical spaces.
Organization Enablement: Develop innovation capabilities, transformational learning, change management, and integrated people ecosystems.
Platform & Product Strategy: Create sustainable physical and digital product development, management, and API strategy processes.
Enterprise Technology & Operations Transformations: adopt the latest IT capabilities with technology strategy covering cybersecurity, process automation, enterprise applications, managed services, and cloud infrastructure.
Data and AI-Powered Transformation: transform data strategy and utilization with machine learning, consumer and self-service analytics, supply chain management, and data commercialization.
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Engineering the Newest Product Prototypes
Whether you’re developing IoT devices, a VR application, or email security software, EPAM can help clients explore, design, and scale new products and services.
The vendor’s intersection of UX and technical research is its global network of Made Real Labs, providing personnel and clients a space for physical, digital, and experiential prototyping. With a consumer-centric mindset, the enterprise IT partner connects designers, engineers, and innovators to develop a company’s ideal product build.
Transforming Operations
EPAM’s operation services include dedicated delivery and intelligent operations solutions. Delivery solutions hit on enriching the product development pipeline and leveraging operational processes with the help of 100 delivery locations across 30 countries.
Alternatively, intelligent operations solutions include business and knowledge process outsourcing (BPO/KPO) and infrastructure as code services with SaaS and PaaS client solutions.
Optimizing Delivery and Automation
Rounding out its core competencies, EPAM offers delivery and automation capabilities to optimize client infrastructure, processes, and results. In addition to outsourcing business or knowledge processes, the vendor also provides managed SDLC and managed cybersecurity services. Clients interested in deploying more automation can proactively test products utilizing AI-powered, self-service capabilities via robotic process automation (RPA).
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Additional Brands
EPAM Systems includes its consulting and design services (Continuum) and two other brands offering advanced processing data solutions.
InfoNgen: Founded in 2004 and acquired in 2010, InfoNgen offers clients critical data analysis capabilities for structured and unstructured data sources and enterprise-grade intelligent search.
Telescope AI: An internally developed subsidiary, TelescopeAI provides organizations with an AI-enabled intelligence layer for automating data integration of existing infrastructure.
Target Markets
EPAM clientele includes a range of industries with dedicated professionals for market segments.
- Financial services, insurance, and healthcare
- Automotive, manufacturing, retail, and distribution
- Energy, utilities, and life sciences
- Media, entertainment, and telecommunications
- Travel and hospitality
- Software and high technology
Along with its client solutions, the enterprise IT partner offers industry insights through its white papers, analyst reports, podcasts, and blog.
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Industry Recognition and Reviews
The Forrester Wave
| Industry Report | When | What |
| Continuous Automation and Testing Services | Q3 2021 | Strong Performer |
| Commerce Services | Q1 2021 | Strong Performer |
| Computer Vision Consultancies | Q4 2020 | Leader |
| AI-Based Text Analytics Platforms | Q2 2020 | Strong Performer |
| Midsize Agile Software Development Service Providers | Q2 2019 | Leader |
Gartner Magic Quadrant and Peer Insights
| Industry Report | When | What |
| Insight Engines | 2021 | Niche Player |
| Application Testing Services | 2020 | Challenger |
| Insight Engines | 2019 | Niche Player |
EPAM holds over 60 client reviews with an average score of 4.6 out of 5 stars across five solution categories on Gartner Peer Insights.
- Insight Engines
- Application Testing Service Providers
- Data and Analytics Service Providers
- IT Services for Communication Service Providers
- Custom Software Development Services
In customer reviews, clients highlight user experiences with intuitive dashboards and customization, the responsiveness of technical support, and the breadth of quality services.
Partners and Alliances
EPAM Systems partners with over 50 notable digital and technology vendors.
| Digital Partners | Acquia, Adobe, BigCommerce, Contentful, Contentstack, Episerver, Fidor, Google Apigee, SAP, Salesforce, Sitecore, Stibo Systems |
| Technology Partners | AWS, Appian, Automation Anywhere, Blue Prism, Google Cloud, IBM, Informatica, MetricStream, Microsoft, MongoDB, Mulesoft, Oracle, Pega, ServiceNow, Snowflake, TIBCO, UIPath |
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EPAM Competitors
EPAM: Company Background
Former grade school classmates Arkadiy Dobkin and Leo Lozner launched EPAM Systems in 1993 between their living spaces in New Jersey and Belarus.
Three decades later, EPAM is an end-to-end IT services leader with almost 53,000 employees across five continents and 40 countries. Headquartered in Newtown, Pennsylvania, the bulk of current operations remains split between North America (60%) and Europe (33%).
Growth, Acquisitions, and Financials
The company’s earliest work involved developing a Salesforce Automation solution, which led the vendor into the product development space and partnering with global leader SAP AG.
By the mid-2000s, EPAM expanded operations from North America to Europe with its first acquisitions – Fathom Technology in 2004 and VDI in 2006. A decade and a half later, the vendor’s acquisitions total almost 40 companies, including NetSoft, Jointech, Alliance Global Services, Continuum, PolSource, White-Hat, and Optiva.
In February 2012, the budding enterprise partner became the first company from Belarus to IPO, taking on the eponymous ticker symbol EPAM on the New York Stock Exchange. Consistent growth through the 2010s earned EPAM over $2.6 billion in annual revenue in 2020. In December 2021, the company first appeared on the S&P 500 and held over $25 billion in market capitalization.
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