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Our History

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.

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

Media,
Entertainment & Telecom

Business
Information
Services

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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