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About
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EPAM Systems is a multinational IT services and solutions provider headquartered in Newtown, Pennsylvania, United States. The company was founded in 1993 by Arkadiy Dobkin and Leo Lozner as a software engineering company. It initially focused on serving the financial services industry but expanded into other sectors over time.
EPAM Systems offers a wide range of products and services to its clients. Its core offerings include software product development, application maintenance and support, application testing and quality assurance, and infrastructure management. The company also provides digital strategy consulting, user experience design, and content management services, catering to the needs of various industries such as finance, healthcare, retail, and technology.
With a global presence, EPAM Systems operates in over 35 countries worldwide, including major tech hubs such as the United States, Canada, the United Kingdom, Germany, India, and China. The company has established several subsidiaries and formed strategic partnerships to enhance its capabilities and expand its reach. Notably, EPAM acquired NavigationArts, a leading digital strategy and user experience firm, in 2014, and acquired Thoughtcorp, a business and technology consultancy, in 2019.
EPAM Systems has a strong market position and has enjoyed steady growth over the years. It has consistently ranked among the top IT service providers globally. In terms of global sales, the company generated approximately $3.
4 billion in revenue in 2020, reflecting its strong performance and market standing. The company has achieved numerous milestones and accolades throughout its history. In 2018, EPAM Systems was named the number one software engineering services provider by Forrester Research.
It has also been recognized for its workplace culture, being named one of the best companies to work for by Forbes and Fortune. As of the latest update, EPAM Systems continues to thrive and expand its offerings. It focuses on leveraging emerging technologies such as artificial intelligence, blockchain, and internet of things to drive digital transformation for its clients.
The company remains committed to delivering innovative solutions and maintaining its position as a leader in the IT services industry
Company Type
Public Company
Company Size
10,001+
Year Founded
1993
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