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EPAM Named as a Top IT Vendor in Europe for a Second Year in a Row

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EPAM Systems (NYSE: EPAM) has been recognized as the Top IT Vendor in Europe for the second consecutive year by Whitelane Research in their 2024/2025 IT Sourcing Study. The study evaluated over 6,000 unique IT sourcing relationships from nearly 2,300 participants across Europe's top IT spending organizations.

EPAM achieved exceptional performer status across multiple categories, securing top rankings in key areas:

  • Service Delivery Quality: Ranked #1 with 84%
  • Application Services: 82%
  • Account Management Quality: 82%
  • General Satisfaction: 81%
  • Digital Transformation: 79%
  • Transformative Innovation: Ranked #1 with 78%

The company's strong performance extends beyond this recognition, with positive results in previous IT sourcing studies across Germany, Switzerland, the UK, Nordics, Netherlands, and Europe 2024.

EPAM Systems (NYSE: EPAM) è stata riconosciuta come il Top IT Vendor in Europa per il secondo anno consecutivo da Whitelane Research nel loro Studio di Sourcing IT 2024/2025. Lo studio ha valutato oltre 6.000 relazioni uniche di sourcing IT da quasi 2.300 partecipanti tra le prime organizzazioni per spese IT in Europa.

EPAM ha ottenuto lo status di performer eccezionale in diverse categorie, conquistando posizioni di vertice in aree chiave:

  • Qualità della Fornitura di Servizi: Classificata al #1 con l'84%
  • Servizi di Applicazione: 82%
  • Qualità della Gestione Account: 82%
  • Soddisfazione Generale: 81%
  • Trasformazione Digitale: 79%
  • Innovazione Trasformativa: Classificata al #1 con il 78%

La forte performance dell'azienda va oltre questo riconoscimento, con risultati positivi in precedenti studi di sourcing IT in Germania, Svizzera, Regno Unito, Paesi Nordici, Paesi Bassi e Europa 2024.

EPAM Systems (NYSE: EPAM) ha sido reconocida como el Proveedor de IT Principal en Europa por segundo año consecutivo por Whitelane Research en su Estudio de Sourcing IT 2024/2025. El estudio evaluó más de 6,000 relaciones únicas de sourcing de IT de casi 2,300 participantes de las principales organizaciones de gastos en IT de Europa.

EPAM logró el estatus de performer excepcional en múltiples categorías, asegurando las mejores posiciones en áreas clave:

  • Calidad de la Entrega de Servicios: Clasificada #1 con el 84%
  • Servicios de Aplicación: 82%
  • Calidad de Gestión de Cuentas: 82%
  • Satisfacción General: 81%
  • Transformación Digital: 79%
  • Innovación Transformativa: Clasificada #1 con el 78%

El sólido rendimiento de la compañía va más allá de este reconocimiento, con resultados positivos en estudios anteriores de sourcing de IT en Alemania, Suiza, Reino Unido, países nórdicos, Países Bajos y Europa 2024.

EPAM Systems (NYSE: EPAM)는 Whitelane Research가 발표한 2024/2025 IT 소싱 연구에서 두 번째 해 연속 유럽의 최고 IT 공급업체로 선정되었습니다. 이 연구는 유럽의 주요 IT 지출 조직에서 거의 2,300명의 참가자가 참여하여 6,000개 이상의 고유 IT 소싱 관계를 평가했습니다.

EPAM은 여러 카테고리에서 뛰어난 퍼포머로 인정받아 주요 분야에서 높은 순위를 차지했습니다:

  • 서비스 제공 품질: 84%로 #1
  • 애플리케이션 서비스: 82%
  • 계정 관리 품질: 82%
  • 전반적인 만족도: 81%
  • 디지털 혁신: 79%
  • 변혁적 혁신: 78%로 #1

회사의 강력한 성과는 이 인정을 넘어서 있으며, 독일, 스위스, 영국, 북유럽, 네덜란드 및 2024년 유럽의 이전 IT 소싱 연구에서 긍정적인 결과를 보여주고 있습니다.

EPAM Systems (NYSE: EPAM) a été reconnue comme le principal fournisseur IT en Europe pour la deuxième année consécutive par Whitelane Research dans leur étude de sourcing IT 2024/2025. L'étude a évalué plus de 6 000 relations uniques de sourcing IT provenant de près de 2 300 participants des principales organisations en matière de dépenses IT en Europe.

EPAM a obtenu le statut de performer exceptionnel dans plusieurs catégories, obtenant les meilleurs classements dans des domaines clés :

  • Qualité de la prestation de services : Classée #1 avec 84%
  • Services d'application : 82%
  • Qualité de gestion des comptes : 82%
  • Satisfaction générale : 81%
  • Transformation numérique : 79%
  • Innovation transformative : Classée #1 avec 78%

La performance solide de l'entreprise dépasse cette reconnaissance, avec des résultats positifs dans des études de sourcing IT antérieures en Allemagne, en Suisse, au Royaume-Uni, dans les pays nordiques, aux Pays-Bas et en Europe 2024.

EPAM Systems (NYSE: EPAM) wurde von Whitelane Research im Rahmen ihrer IT-Sourcing-Studie 2024/2025 für das zweite Jahr in Folge als Top IT-Anbieter in Europa anerkannt. Die Studie bewertete über 6.000 einzigartige IT-Sourcing-Beziehungen von fast 2.300 Teilnehmern aus den führenden IT-Ausgabenorganisationen Europas.

EPAM erreichte in mehreren Kategorien den Status eines außergewöhnlichen Anbieters und sicherte sich Top-Platzierungen in wichtigen Bereichen:

  • Qualität der Servicebereitstellung: Rang #1 mit 84%
  • Anwendungsdienste: 82%
  • Qualität des Account Managements: 82%
  • Allgemeine Zufriedenheit: 81%
  • Digitale Transformation: 79%
  • Transformative Innovation: Rang #1 mit 78%

Die starke Leistung des Unternehmens geht über diese Anerkennung hinaus, mit positiven Ergebnissen in früheren IT-Sourcing-Studien in Deutschland, der Schweiz, dem Vereinigten Königreich, den nordischen Ländern, den Niederlanden und Europa 2024.

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As an 'Exceptional Performer' across multiple categories, EPAM sets itself apart as a leading provider in the European IT sourcing market

NEWTOWN, Pa., Feb. 5, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has been named the Top IT Vendor in Europe, earning 'exceptional performer' status across multiple categories by Whitelane Research, an independent organization focused on IT sourcing research across Europe.

"We are pleased to be recognized as a leading IT vendor in Europe for the second consecutive year by Whitelane Research," said Balazs Fejes, President of Global Business & Chief Revenue Officer at EPAM. "Our consistently exceptional performance across multiple categories is a testament to our unwavering commitment to our clients, empowering them to thrive as adaptive enterprises while fostering innovation throughout Europe and globally."

In Whitelane Research's 2024/2025 IT Sourcing Study Europe, nearly 2,300 participants of the top IT spending organizations in Europe evaluated more than 6,000 unique IT sourcing relationships based on key performance indicators and by IT service tower, delivering one of the most representative reports on the IT sourcing market in Europe. Survey respondents evaluated 34 IT service providers across various performance categories, with EPAM achieving the highest ratings in the following categories:

  • Service Delivery Quality: [Ranked #1] EPAM received a rating of 84%
  • Application Services: EPAM was named as an exceptional performer with a rating of 82%
  • Account Management Quality: EPAM received a rating of 82%
  • General Satisfaction: EPAM was named as an exceptional performer with a rating of 81%
  • Digital Transformation: EPAM named a strong performer with a rating of 79%
  • Transformative Innovation: [Ranked #1] EPAM received a rating of 78%

"EPAM has delivered an exceptionally strong performance in our 2024/2025 IT Sourcing Study, cementing their status as one of the top IT service providers in Europe," said Alex van den Bergh, Head of Research, Europe at Whitelane Research. "Client feedback highlights EPAM's robust capabilities in leading innovative change through digital transformation technologies and application services. Focusing on high-value and mission-critical work without compromising on quality and speed not only addresses clients' concerns but also showcases the consistent value for money EPAM offers, a key factor in their sustained high levels of customer satisfaction, service quality, and transformative innovation."

This recognition by Whitelane Research adds to EPAM's list of positive performances in previous IT sourcing studies, including Germany, Switzerland, the UK, Nordics, Netherlands and Europe 2024.

To see the full survey results, visit: https://whitelane.com/europe-2024-2025/

About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud and AI-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious startups. We address our clients' transformation challenges by focusing EPAM Continuum's integrated strategy, experience and technology consulting with our 30+ years of engineering execution to speed our clients' time to market and drive greater value from their innovations and digital investments.

We make GenAI real with our AI LLM orchestration, testing and engineering solutions, EPAM DIAL, EPAM EliteA™ and EPAM AI/RUN™, respectively.

We deliver globally but engage locally with our expert teams of consultants, architects, designers and engineers, making the future real for our clients, our partners, and our people around the world. We believe the right solutions are the ones that improve people's lives and fuel competitive advantage for our clients across diverse industries. Our thinking comes to life in the experiences, products and platforms we design and bring to market.

Added to the S&P 500 and the Forbes Global 2000 in 2021 and recognized by Glassdoor and Newsweek as a Top 100 Best Workplace, our multidisciplinary teams serve customers across six continents. We are proud to be among the top 15 companies in Information Technology Services in the Fortune 1000 and to be recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services and Worldwide Software Engineering Services.

Learn more at www.epam.com and follow us on LinkedIn.

Forward-Looking Statements
This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets and the broader economy, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company's most recent Annual Report on Form 10-K and the factors discussed in the Company's Quarterly Reports on Form 10-Q, particularly under the headings "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

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SOURCE EPAM Systems, Inc.

FAQ

What ratings did EPAM achieve in Whitelane Research's 2024/2025 European IT Sourcing Study?

EPAM achieved top ratings across multiple categories, including #1 in Service Delivery Quality (84%) and Transformative Innovation (78%), along with exceptional performance in Application Services (82%), Account Management Quality (82%), General Satisfaction (81%), and Digital Transformation (79%).

How many IT sourcing relationships were evaluated in the 2024/2025 Whitelane Research study?

The study evaluated more than 6,000 unique IT sourcing relationships from nearly 2,300 participants representing Europe's top IT spending organizations.

What regions has EPAM received recognition in previous IT sourcing studies?

EPAM has received positive recognition in IT sourcing studies across Germany, Switzerland, the UK, Nordics, Netherlands, and Europe 2024.

How many consecutive years has EPAM been named Top IT Vendor in Europe?

EPAM has been named Top IT Vendor in Europe for two consecutive years by Whitelane Research.

What was EPAM's highest-rated category in the 2024/2025 Whitelane Research study?

EPAM's highest-rated category was Service Delivery Quality, where they ranked #1 with a score of 84%.

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