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EPAM Named the Top IT Services Company on Fortune’s ‘100 Fastest-Growing Companies’ List for Third Consecutive Year

Press Release

EPAM Named the Top IT Services Company on Fortune’s ‘100 Fastest-Growing Companies’ List for Third Consecutive Year

Recognition underscores EPAM’s industry-leading growth, business performance and strength in solving complex digital transformation and technology modernization challenges in a rapidly evolving market

NEWTOWN, PA., Nov. 2, 2021 – EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced that it has, for the third consecutive year, been named the top IT Services company on the Fortune ‘100 Fastest-Growing Companies’ list – ranking #25.

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“We are delighted to be included for the third year in a row on Fortune’s 100 Fastest-Growing Companies list,” said Arkadiy Dobkin, CEO and President at EPAM. “In a market that demands rapid innovation and digitization of customer experiences, data-driven decision-making, cloud modernization, and zero trust cybersecurity architectures, we are helping our clients solve their most complex business challenges, drive growth and successfully transform their businesses.”

Fortune’s Fastest-Growing Companies list ranks publicly traded companies by revenue growth rate, EPS growth rate and three-year annualized total return. The overall rank is based on the sum of the three ranks.

At Fiscal Year 2020, EPAM achieved a five-year compound annual revenue growth rate (CAGR) of 24 percent. As the only IT services company featured on this year’s list, EPAM’s integrated consulting, agile approach and renowned ‘Engineering DNA’ is helping the company deliver results at scale.

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To learn more about Fortune’s 2021 ‘100 Fastest Growing Companies’ list, visit

About EPAM Systems

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its advanced software engineering heritage to become the foremost global digital transformation services provider – leading the industry in digital and physical product development and digital platform engineering services. Through its innovative strategy; integrated advisory, consulting and design capabilities; and unique ‘Engineering DNA,’ EPAM’s globally deployed hybrid teams help make the future real for clients and communities around the world by powering better enterprise, education and health platforms that connect people, optimize experiences, and improve people’s lives. Selected by Newsweek as a 2021 Most Loved Workplace, EPAM’s global multi-disciplinary teams serve customers in more than 40 countries across five continents. As a recognized leader, EPAM is listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked as the top IT services company on Fortune’s 100 Fastest-Growing Companies list for the last three consecutive years. EPAM is also listed among Ad Age’s top 25 World’s Largest Agency Companies and in 2020, Consulting Magazine named EPAM Continuum a top 20 Fastest-Growing Firm. Learn more at and follow us on Twitter and LinkedIn.

Forward-Looking Statements

This press release includes 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. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. 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.