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.
Watch EPAM’s 2021 Year In Review
EPAM SYSTEMS BEGINS
Our founders, Arkadiy Dobkin and Leo Lozner, met in grade school. 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 Princeton, NJ, USA.
Geography: USA, Belarus
New Customer: Dabiwa Ltd.
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.
Headcount: 6 (1994), 15 (1995)
New Customers: Bally of Switzerland, Halliburton, Parametric Technology Corporation
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.
Headcount: 20 (1996), 37 (1997)
New Customer: Colgate-Palmolive
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.
Geographies Added: Russia
Headcount: 37 (1997), 69 (1998), 126 (1999)
New Customer: SAP AG
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.
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.)
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.
Headcount: 266 (2001), 314 (2002), 536 (2003)
New Customers: Hyperion, Reuters, ServiceWare, LasVegas.com
Joined the EPAM Family: LintecProject (2003)
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.
Geographies Added: Hungary, UK, Ukraine
Headcount: 952 (2004), 1,322 (2005)
New Customers: William Hill, Click4Care Inc., First Data
Joined the EPAM Family: Fathom Technology (2004)
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 CEE markets. Arkadiy Dobkin is named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine.
Geographies Added: 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)
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.
Geographies Added: 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)
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.
Geographies Added: Poland, Switzerland, Canada, Hong Kong SAR
Headcount: 10,043 (2012), 11,000 (2013)
New Customers: Adidas, AG
Joined the EPAM Family: Thoughtcorp, Empathy Lab
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.
Geographies Added: Singapore, China, Australia, Armenia, Netherlands, India, Bulgaria
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)
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.
Geographies Added: Mexico, Austria, Czech Republic, Ireland, UAE, Philippines
Headcount: 22,383 (2016), 25,900+ (2017)
Joined the EPAM Family: Dextrys, InfomatiX
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.
Geographies Added: Japan, Spain
Joined the EPAM Family: Continuum, TH_NK
EPAM CONTINUES TO MAKE STRATEGIC ACQUISITIONS TO EXPAND OFFERINGS
EPAM continues to expand its end-to-end service offerings—to help its clients become agile and more adaptive enterprises and enable them to thrive in a market constantly challenged by the pressures of digitization—extending its data consultancy and data training capabilities, as well as adding cloud database migration services and crowdtesting software solutions. EPAM is listed as Fortune’s 100 Fastest-Growing Companies, for a second time, and recognized with the Best in Biz Award for Corporate Social Responsibility Program of the Year for making a greater impact on the world around us through our focus on education, community and environment. EPAM launches its Open Source Contributor Index, a new tool that ranks the top open source contributors by commercial organization.
Geographies Added: Uzbekistan, France, Vietnam, Israel
Headcount: 36,700+ (FY 2019)
Joined the EPAM Family: test IO, Competentum, NAYA Technologies, Onsolve, Axsphere
EPAM NAVIGATES THE YEAR’S REALITIES—EXTENDING MARKET POSITION, BRINGING VALUE TO CLIENTS & GIVING BACK
EPAM’s continuous efforts on implementing the principles of an adaptive organization and expansion of end-to-end service offerings—supported by ongoing investments in people, platforms and geographies—allowed the company to successfully navigate the unprecedented challenges of 2020’s global environment. EPAM extended its market position as a trusted digital solutions partner, grew its global API practice and salesforce capabilities with the acquisition of Ricston, expanded its advanced data and analytics capabilities with the acquisition of Deltix, and joined the newly formed MACH Alliance as a founding member to help drive next-generation digital architectures and experiences. For the second year in a row, EPAM ranked as the top IT services company on Fortune’s 100 Fastest-Growing Companies list, jumping 50 positions to #21, and was broadly recognized as a rising leader in integrated consulting capabilities.
Geographies Added: Romania, Malta, Lithuania, Georgia
Headcount: 41,150+ (FY 2020)
Joined the EPAM Family: Ricston, Ltd & Deltix, Inc.
EPAM EXPANDS GLOBAL CAPABILITIES AND TALENT FOOTPRINT & DIVERSIFIES SOLUTIONS PORTFOLIO
EPAM’s ability to quickly adapt to the changing market conditions and its continued investment in its teams, platforms and capabilities, enabled the company to envision and deliver industry leading digital transformation services, product engineering offerings, and integrated advisory, consulting and design capabilities.
EPAM diversified its global capabilities, talent footprint and solutions portfolio—making several strategic acquisitions, including PolSource, White-Hat Ltd., Just-BI, CORE SE, S4N, Emakina Group and Optiva Media.
EPAM became a member of the S&P 500 and a Forbes Global 2000 company, and for the third consecutive year, EPAM ranked the Top IT services company on Fortune’s 100 Fastest-Growing Companies list.
Geographies Added: Colombia, Croatia, Kyrgyzstan, Slovakia, Serbia
Headcount: 58,800+ (FY 2021)
Joined the EPAM Family: CORE SE, White-Hat Ltd., PolSource, Just-BI, S4N, Emakina Group, Optiva Media
EPAM COVID Response and Commitment to Environmental, Social and Governance
2020 presented EPAMers Anywhere with an opportunity to mobilize, act for good, give back and help fight the pandemic—employees came #TogetherAsOne to assist global and local communities. And as COVID-19 continued to upend lives, and access to relevant and reliable facts became even more vital, EPAM partnered with UNICEF ECARO to design and deliver the HealthBuddy COVID-19 chatbot mobile app to support emergency risk communications and promote protective and preventive behaviors at community and individual levels. EPAM’s successful COVID response programs have now become part of our broader commitment to driving positive change for our communities, our people, and our environment.
*Data for Q2 2022
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