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EPAM Systems, Inc. (NYSE: EPAM) is a global leader in software product development, digital platform engineering, and technology consulting based in the United States. Established in 1993, EPAM has built a reputation for excellence, recognized by independent research agencies and industry leaders globally. The company operates in over 20 countries across North America, Europe, Asia, and Australia, delivering innovative solutions to clients worldwide.
EPAM's core offerings include digital and cloud engineering, AI-enabled transformation services, and comprehensive business and experience consulting. The company's largest market is North America, accounting for approximately 60% of its revenues. EPAM has expertise in emerging technologies like artificial intelligence, virtual reality, and robotics, helping businesses stay ahead in a rapidly evolving tech landscape.
Recent achievements highlight EPAM's strong market position. The company was added to the S&P 500 and the Forbes Global 2000 in 2021 and has been recognized by Glassdoor as a Best Workplace in 2023 and 2024. EPAM's multidisciplinary teams, comprising consultants, architects, designers, and engineers, serve clients across six continents, ensuring local engagement and global delivery.
EPAM continues to expand its capabilities through strategic acquisitions and partnerships. Notably, the acquisition of Vates S.A. in 2024 bolstered EPAM's software development portfolio and enhanced its delivery capabilities in Latin America. Additionally, EPAM has been honored with several industry awards, including the 2024 Google Cloud Talent Development Partner of the Year Award in North America, reflecting its commitment to innovation and excellence in talent development.
Financially, EPAM has demonstrated resilience and adaptability, navigating volatile market conditions and refining its growth strategies. The company focuses on harmonizing delivery quality, optimizing cost-effectiveness, and leveraging its extensive experience in data, engineering, and consulting to capitalize on opportunities in the AI space. EPAM supplements its GAAP results with non-GAAP financial measures to provide a clearer picture of underlying business trends and performance.
EPAM's latest project, OSPulse™, an enterprise-level analytics dashboard, showcases the company's continuous innovation. OSPulse™ helps organizations monitor open source engagement, offering valuable insights for strategic decision-making. EPAM's commitment to the open source community is reflected in its extensive contributions and initiatives like the Open Source Contributor Index (OSCI), furthering technological innovation and community engagement.
For more information about EPAM Systems, visit www.epam.com.
EPAM Systems (NYSE: EPAM) has announced an enhanced global strategic alliance with Sitecore, a leader in digital experience software. This partnership focuses on mutual investments in joint solutions, product accelerators, and customer strategies aimed at improving the value that enterprise users gain from Sitecore's offerings. The collaboration will provide EPAM's clients with access to Sitecore's technology best practices, implementation expertise, and improved digital experiences, enhancing customer satisfaction and conversion rates. As a platinum partner since 2007, EPAM integrates Sitecore technology into its services, further establishing its role in supporting enterprise customers' digital transformation efforts.
EPAM Systems, Inc. (NYSE: EPAM) has announced it will host a conference call to discuss its first quarter 2023 financial results on May 5, 2023, at 8:00 a.m. ET. A news release containing these financial results will be issued before the call. Interested parties can join the live webcast by visiting the EPAM website at least 15 minutes prior to the event. For those unable to attend live, a replay will be available afterward in the Investor Relations section. As a global leader in digital transformation services, EPAM focuses on enhancing enterprise, education, and health platforms. The company, recognized for its engineering capabilities, has been included in the S&P 500 and is consistently ranked among the fastest-growing IT service companies.
EPAM Systems (NYSE: EPAM) has taken on a technical advisory role in the Drink Without Waste initiative, aimed at tackling the growing plastic waste crisis in Hong Kong. The move addresses the daily disposal of over 2,300 tons of plastic waste, with a mere 11% recycling rate. The partnership includes creating a Data Room to streamline recycling data collection, significantly enhancing visibility and operational efficiency. This initiative aligns with EPAM's commitment to environmental, social, and governance (ESG) goals, as they strive to mitigate litter from single-use plastics and support better recycling practices.
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