EPAM Systems

In 1993, Arkadiy Dobkin and Leo Lozner founded EPAM, a global software engineering services company, in New Jersey, USA and Minsk, Belarus.[3]

In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche.[4]

EPAM became the first company to represent Belarus on the New York Stock Exchange when it went public in 2012 (NYSE: EPAM).[5]

EPAM works with clients in the financial services, healthcare, life sciences, media and entertainment, retail industries and more.

In 2004, EPAM acquired Fathom Technology, a software development services company based in Budapest, Hungary, expanding its offshore services beyond North America.[6] A couple years later, EPAM secured an equity investment from Siguler Guff to fund its competitive growth plans.[7]

In 2006, EPAM acquired VDI, a software development services company with delivery centers in Russia, which expanded the company’s presence in the CIS region.[8] That year, EPAM CEO Arkadiy Dobkin was named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine.[9]

In late 2012, EPAM made two acquisitions – Thoughtcorp, which expanded its service offerings in Agile, business intelligence and mobile,[10] and Empathy Lab, which established a digital engagement practice focusing on customer experience, design and eCommerce.[11]

EPAM made two acquisitions in 2018 to expand its service offerings: Continuum Innovation (now EPAM Continuum) [12] and TH_NK[13] to add consulting capabilities and develop its digital and service design practices. Also that year, EPAM launched InfoNgen®, a text analytics and sentiment analysis enterprise software product that uses artificial intelligence.[14]

The company also productized TelescopeAI®, an artificial intelligence-based platform for IT operations and workforce management, which won a 2019 Big Innovation Award presented by the Business Intelligence Group.[15] EPAM announced a partnership with Positive, a cybersecurity consulting and research firm, in 2018 to launch Cyber R&D Lab.[16]

In 2019, EPAM joined the Blockchain in Transport Alliance (BiTA).[17] That year, the company launched EPAM Continuum, its service for business, experience and technology consulting.

The company also launched EPAM SolutionsHub, a catalogue of its software products, accelerators and open source platforms. As part of its SolutionsHub launch, EPAM also released the Open Source Contributor Index (OSCI), a tool that ranks the top open source contributors by commercial organization.[18]