Since 1993, we’ve relied on our Engineering DNA to underpin our work with clients, leading to major innovations, digital transformations and business results. In that time, we’ve expanded geographically, as well as extended our core engineering capabilities to include business consulting, design and physical product development. We’ve been at the forefront of some of the most exciting technology-led transformations in the industry, and our story continues into today’s modern age of agile delivery, big data, machine learning and AI.
Our History
1993
EPAM SYSTEMS BEGINS
Our founders, Arkadiy Dobkin and Leo Lozner, met in grade school in Minsk, Belarus. More than 20 years later, in 1993, they started EPAM, a global software engineering services company. EPAM’s global headquarters are located in Arkadiy’s apartment in New Jersey and across the ocean, its offshore software development center is in Leo’s home in downtown Minsk, Belarus.
Geography: USA, Belarus
Headcount: 3 (1993)
New customer: Dabiwa Ltd.
1994 – 1995
FIRST MAJOR CLIENT: BALLY OF SWITZERLAND
Bally of Switzerland, one of the leading global fashion and apparel brands, is the first company to hire EPAM for a serious enterprise initiative – building a Salesforce Automation and warehouse management solution for its North American operations.
Geography: USA, Belarus
Headcount: 6 (1994), 15 (1995)
New customers: Bally of Switzerland, Halliburton, Parametric Technology Corporation
1996 – 1997
FIRST ENTERPRISE GLOBAL CHALLENGE: AUTOMATION SOLUTION FOR COLGATE-PALMOLIVE
EPAM is chosen to help Colgate-Palmolive, a global consumer goods industry leader, develop a Salesforce Automation solution and deploy it across multiple countries in Europe and Latin America.
Geography: USA, Belarus
Headcount: 20 (1996), 37 (1997)
New customer: Colgate-Palmolive
1997 – 1999
FIRST MAJOR PRODUCT DEVELOPMENT CLIENT: SAP AG
The success of the Salesforce Automation solution for Colgate-Palmolive is brought to the direct attention of the CEO and founder of SAP AG, and opens the door for EPAM into the product development space.
Geography: USA, Belarus, Russia
Headcount: 37 (1997), 69 (1998), 126 (1999)
New customer: SAP AG
1999 – 2001
EPAM ENTERS THE ECOMMERCE ERA
EPAM expands its services to include new emerging digital technologies, building CRM and eCommerce solutions that are deployed at a global scale.
Geography: USA, Belarus, Russia
Headcount: 126 (1999), 204 (2000), 266 (2001)
New customers: Firepond Inc., KLA-Tencor Corporation, Honda Motor Co. Ltd., Ricoh Company Ltd., AT&T Inc., ABB (Asea Brown Boveri Ltd.)
2001 – 2003
DOTCOM CRASH AND DIVERSIFICATION
In the midst of the bursting Dot-com bubble, EPAM is recognized for the first time as a 'trendsetter' in software engineering outsourcing services by leading industry analysts, and is ranked publicly as a fast-growing company. This year also marks our very first end-to-end digital engagement for the travel destination portal lasvegas.com.
Geography: USA, Belarus, Russia
Headcount: 266 (2001), 314 (2002), 536 (2003)
New customers: Hyperion, Reuters, ServiceWare, LasVegas.com
Joined the EPAM Family: LintecProject (2003)
2004 – 2005
EUROPEAN EXPANSION: FATHOM JOINS EPAM
A pivotal expansion and new global focus happens with the acquisition of Fathom Technology, a software development services company based in Budapest, Hungary. Through the addition of Fathom, EPAM makes a strategic shift away from a pure North American market focus to one that is more balanced and includes a growing EU client base.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine
Headcount: 952 (2004), 1,322 (2005)
New customers: William Hill, Click4Care Inc., First Data
Joined the EPAM Family: Fathom Technology (2004)
2006 – 2007
DESIGNED FOR GROWTH: INVESTMENT FROM SIGULER GUFF AND CIS EXPANSION
EPAM secures an equity investment from Siguler Guff to fund its growth plans and help the company compete more aggressively globally. EPAM acquires VDI, one of the leading software development services companies with delivery centers in Russia, expanding its presence in the region and positioning the company to better target domestic CIS markets. Arkadiy Dobkin is named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany
Headcount: 2,422 (2006), 3,316 (2007)
New customer: The Coca-Cola Company
New investor: Siguler Guff & Company
Joined the EPAM Family: VDI (2006), Spline Software (2007)
2008 – 2009
EPAM DURING THE GLOBAL RECESSION
In the midst of a historic global recession, EPAM redoubles its efforts to streamline and become a more efficient organization, building trust with key clients and emerging with a stronger value proposition. Our commitment to quality in the face of extremely challenging global economic conditions lands EPAM among the leading CEE IT vendors.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany, Kazakhstan, Sweden
Headcount: 4,521 (2008), 4,431 (2009)
New customers: UBS AG, Google Inc.
Joined the EPAM Family: B2Bits Corp (2008), PlusMicro (2008), Rodmon Systems (2009)
2012 – 2013
EPAM ON THE NEW YORK STOCK EXCHANGE
EPAM is the first company with Belarusian engineering roots to go public on the New York Stock Exchange (NYSE: EPAM). With the acquisition of Empathy Lab, EPAM establishes its Digital Engagement practice and develops its services in customer experience, design and eCommerce. EPAM also acquires Thoughtcorp, forming a permanent base in Canada and expanding its service offerings in Agile, BI/Analytics and Mobile.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany, Kazakhstan, Sweden, Poland, Switzerland, Canada
Headcount: 10,043 (2012), 11,000 (2013)
New customers: Adidas, AG
Joined the EPAM Family: Thoughtcorp (2012), Empathy Lab (2012)
2014 – 2015
EPAM RECOGNIZED AS A LEADER IN PDS
Positioned for the first time as a leader in Product Development Services by Forrester, EPAM spans 17 countries, including a new location in China, and employs 13,000+ experts in a variety of domains and solution practices. With the acquisition of Alliance Global Services, EPAM enters the Indian market, extending its global delivery platform and expanding its expertise in software engineering productivity and automation services.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany, Kazakhstan, Sweden, Poland, Switzerland, Canada, Singapore, China, Australia, Armenia, Netherlands, India
Headcount: 13,780 (2014), 18,354 (2015)
New customer: Canadian Tire
Joined the EPAM Family: Netsoft (2014), Jointech (2014), GGA (2014), Great Fridays (2014), Alliance Global Services (2015), Navigation Arts (2015)
2016 – 2017
EPAM NAMED A LEADER IN DIGITAL PLATFORM ENGINEERING SERVICES BY FORRESTER
Having expanded its global reach to include Ireland, United Arab Emirates, Netherlands and Philippines, EPAM is named as the leader in Digital Platform Engineering Services (DPES) by Forrester, cited as exhibiting the strongest grasp and execution of DPES of all the vendors evaluated in this report. EPAM again is named one of the top 25 Fastest Growing Public Tech Companies by Forbes.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany, Kazakhstan, Sweden, Poland, Switzerland, Canada, Singapore, China, Australia, Armenia, Netherlands, India, Mexico, Austria, Czech Republic, Ireland, UAE, Philippines
Headcount: 22,383 (2016), 25,900+ (2017)
Joined the EPAM Family: Dextrys (2016), InfomatiX (2016)
2018
EPAM CELEBRATES 25 YEARS
EPAM celebrates its 25th anniversary and acquires Continuum to strengthen its innovation consulting capabilities and enhance existing digital and service design practices by introducing a human-centered approach to physical design and product development.
Geography: USA, Belarus, Russia, Hungary, UK, Ukraine, Germany, Kazakhstan, Sweden, Poland, Switzerland, Canada, Singapore, China, Australia, Armenia, Netherlands, India, Mexico, Austria, Czech Republic, Ireland, UAE, Philippines, Japan, Spain
Headcount: 25,900+ (2018)
Joined the EPAM Family: Continuum (2018), TH_NK (2018)
EPAM Today
4
Continents
25+
Countries
30,100+
EPAMers
20+%
YOY organic growth
Industry Focus
Financial
Services
Business Information & Media
Retail &
Distribution
Software
& Hi-Tech
Travel &
Hospitality
Life Sciences
& Healthcare
Oil, Gas
& Energy
Automotive
Insurance
Geography Focus*
60%
North America
33%
Europe
4%
CIS
3%
APAC
*Data represents revenue by geography in FY 2018 earnings
Service Mix
Software Engineering &
Product/Platform Development
Managed
Services
Quality Assurance and
Test Automation
Infrastructure &
Licensing
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