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EPAM Achieves Recognition as a Leading IT Vendor in Europe

EPAM Systems, Inc. (NYSE: EPAM), a global leader in digital transformation services and product engineering, has once again secured its place at the top of the European IT vendor market. For the second consecutive year, the company received the title of Top IT Vendor by Whitelane Research, an independent organization known for its rigorous studies in the IT sourcing market.

In their latest 2024/2025 IT Sourcing Study, Whitelane Research surveyed nearly 2,300 executives from Europe's largest IT spending organizations. Participants evaluated over 6,000 unique IT sourcing relationships on various performance metrics. This extensive assessment led to EPAM standing out with exceptional scores in multiple categories, earning accolades as an 'Exceptional Performer.'

Performance Highlights

EPAM achieved the highest ratings in categories critical to clients across the continent:

• - Service Delivery Quality: Rated #1 by clients, EPAM received an impressive score of 84%.
• - Application Services: Another notable area where EPAM excelled was in application services, with an 82% rating.
• - Account Management Quality: Demonstrating its commitment to client relationships, EPAM again scored 82% in this essential area.
• - General Satisfaction: The company's overall satisfaction rate stood at 81%, affirming the positive feedback from clients.
• - Digital Transformation: As a strong performer in digital transformation initiatives, EPAM secured a 79% rating.
• - Transformative Innovation: Further establishing itself as an innovator, EPAM was ranked #1 in transformative innovation with a rating of 78%.

Client-Centric Approach

Balazs Fejes, President and Chief Revenue Officer at EPAM, expressed excitement about the recognition, noting that it reflects the company's ongoing dedication to empowering clients. He highlighted the importance of supporting clients in adapting to market challenges while fostering innovation across Europe and beyond.

In his statement, Fejes said, "Our consistently exceptional performance across multiple categories demonstrates our unwavering commitment to our clients, empowering them to thrive as adaptive enterprises while fostering innovation throughout Europe and globally."

Industry Expert Validation

Alex van den Bergh, Head of Research for Europe at Whitelane Research, commended EPAM's outstanding performance in the report. Van den Bergh noted, "Client feedback highlights EPAM's robust capabilities in leading innovative change through digital transformation technologies and application services. Their focus on high-value and mission-critical work, without compromising on quality and speed, consistently addresses clients' concerns. This quality offering is a significant factor in their sustained high levels of customer satisfaction and transformative innovation."

Continuing Excellence

This accolade adds to EPAM's growing list of recognitions in various IT sourcing studies conducted by Whitelane Research, including those in Germany, Switzerland, the UK, the Nordics, and the Netherlands.

EPAM's commitment to harnessing technology and engineering expertise has positioned it as one of the premier IT service providers globally. Since its founding in 1993, the company has dedicated itself to high-quality service delivery, innovation, and customer satisfaction.

EPAM’s global reach spans across various industries; its team of over 41,000 professionals collaborates to bring technological advancements and digital solutions to customers worldwide. The company utilizes cutting-edge AI technologies and digital strategies to meet the evolving needs of its clients, making it a trusted partner in their transformational journey.

Conclusion

As the IT landscape continues to evolve, EPAM's continued recognition as a top vendor signifies its steadfast commitment to enhancing its service offerings and maintaining excellent client relationships. The company's focus on innovation, quality, and client satisfaction will undoubtedly keep it at the forefront of the IT industry in Europe and worldwide. For more information, visit EPAM's website.