Blending engineering, strategy and consulting services. At forefront of AI, VR, robotics
Epam Systems is a leading global provider of digital platform engineering and software development services. Founded in 1993 in Princeton, New Jersey, its roots trace back to Belarus where Arkadiy Dobkin and Leo Lozner started the company. Initially, EPAM harnessed the vast technical expertise available in Eastern Europe, setting up its first development center in Minsk, Belarus.
The company's growth strategy has been characterized by a keen focus on blending engineering prowess with innovative strategy and consulting services, enabling clients to navigate their digital transformation journeys effectively. Epam's model of tapping into a geographically diverse talent pool has not only allowed for cost-effective solutions but also supported round-the-clock productivity, enhancing its service delivery capabilities.
EPAM's strong position in the competitive software industry is bolstered by its focus on integrating advanced technologies like AI, VR, and robotics, which keeps its service offerings at the cutting edge. This strategy, combined with a robust presence in North America (which accounts for around 60% of revenues), underscores its key role in the IT services sector.
A significant factor in EPAM’s expansion has been its public listing on the New York Stock Exchange in 2012, which provided the capital necessary to fuel its growth and increase its global footprint. Today, EPAM operates in over 25 countries, employing over 40,000 people worldwide. Its consistent performance and robust growth strategy have established it as a formidable force in the tech industry, serving clients across various sectors including financial services, healthcare, and retail.