EPAM Systems is a dominant player in the information technology sphere, often noticed for its influential stature as a top IT sourcing vendor in different countries such as the Netherlands, Europe, and Colombia. Its penetration into India's market is growing, with India becoming its second-largest delivery center. Notably, the tech entity shows commitment towards enhancing employees' well-being, with programs targeted towards value addition, support, and empowerment. Its transformative input extends to the insurance industry which struggles with legacy tech hindering innovation and change.
EPAM has been given recognition multiple times for its custom software development services, its position boosted further by AI-driven platforms like its open-source DIAL. Its status as a trailblazer is also seen through its collaborations with revered entities such as
Burberry and
Microsoft, one yielding an innovative day while the other enhanced its status as a Global Managed Enterprise Systems Integrator. Nevertheless, its full-year earnings for 2023 did fall short of expectations. However, it maintains strong fundamentals - and has expanded its reach to Latin America via the acquisition of
Vates USA. According to Whitelane Research,
EPAM is the top IT sourcing vendor in Germany proving its European dominance. Interestingly, its
2024 Consumer Banking Report revealed a consumer satisfaction rate of 96% from its AI operations.
Epam Systems EPAM News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Tue, 07 May 2024 06:30:51 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor -3
