Company Overview
EPAM Systems, Inc. stands as one of the world's fastest-growing public technology companies, specializing in software engineering services, digital platform engineering, and digital product design. Headquartered in Newtown, Pennsylvania, EPAM has evolved from a small cross-border operation founded in 1993 into a global powerhouse employing over 61,000 professionals across 50+ countries. The company's unique heritage, born from the vision of two childhood friends who built a bridge between American innovation and Eastern European engineering talent, has shaped its distinctive approach to solving complex business challenges through technology.
EPAM's comprehensive service portfolio spans the entire digital transformation spectrum, from strategic consulting through EPAM Continuum to hands-on software engineering execution. The company has established itself as a trusted partner to Fortune 1000 enterprises and ambitious startups alike, delivering end-to-end solutions that encompass cloud migration, AI implementation, data analytics, cybersecurity, and experience design. With deep expertise across financial services, healthcare, life sciences, retail, travel, and technology sectors, EPAM brings industry-specific knowledge combined with cutting-edge technical capabilities to every engagement.
The company's business model is built on a foundation of distributed delivery excellence, leveraging talent from across the globe to provide clients with the optimal combination of cost efficiency, technical expertise, and cultural alignment. EPAM's engineering centers span North America, Europe, Latin America, and Asia-Pacific, enabling 24/7 development cycles and access to specialized skills in emerging technologies. This global footprint, combined with local market knowledge and client proximity, allows EPAM to deliver solutions that are both globally informed and locally relevant.
EPAM's growth trajectory has been remarkable, with the company achieving consistent double-digit revenue growth for most of its public company history. From its IPO on the New York Stock Exchange in 2012 to its inclusion in the S&P 500 index in December 2021, EPAM has demonstrated sustained execution excellence and market leadership. The company generated $4.728 billion in revenue for 2024, reflecting its position as a major player in the global IT services industry. With over 30 acquisitions completed since going public, EPAM has systematically expanded its capabilities, geographic reach, and industry expertise through strategic M&A.
In 2025, EPAM entered a new chapter in its corporate evolution with the appointment of Balazs Fejes as CEO and President, succeeding founder Arkadiy Dobkin who transitioned to Executive Chairman. This planned leadership succession represents a continuation of EPAM's commitment to innovation, client focus, and sustainable growth. Under Fejes' leadership, the company is accelerating its investments in generative AI, with platforms like EPAM DIAL enabling enterprise clients to harness the power of large language models for business transformation. EPAM's recognition as AWS Global Innovation Partner of the Year for 2025 underscores its position at the forefront of cloud and AI innovation, positioning the company to capitalize on the massive opportunities created by enterprise AI adoption and digital transformation imperatives.
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EPAM Systems is recognized as a market leader in the Consumer Technology sector, demonstrating strong industry presence and customer trust.
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