Company Overview

EPAM Systems, Inc. is a global digital engineering, software development, and IT consulting company that provides technology transformation services to enterprises across multiple industries. The company operates primarily in the information technology services and digital engineering sectors, delivering custom software engineering, cloud modernization, product development, data analytics, artificial intelligence, cybersecurity, and experience design solutions. EPAM serves clients in industries including financial services, healthcare and life sciences, software and technology, retail and consumer goods, media and entertainment, telecommunications, travel, and industrial manufacturing.

The company’s primary revenue drivers are long-term engineering and consulting engagements with enterprise customers seeking digital transformation and operational modernization. EPAM differentiates itself through a strong engineering-centric delivery model, distributed global talent base, and integrated consulting-to-delivery capabilities. Founded in 1993 by Arkadiy Dobkin and Leo Lozner, EPAM began as a software engineering outsourcing company with roots in Eastern Europe and later expanded into a multinational technology services provider. The company completed its initial public offering in 2012 and has since expanded through acquisitions, geographic diversification, and increased consulting capabilities.

Business Operations

EPAM organizes its operations around integrated engineering and consulting services rather than highly segmented standalone product businesses. Its core offerings include digital platform engineering, cloud and DevOps services, application modernization, product development, enterprise transformation, data and analytics, artificial intelligence, cybersecurity, and customer experience design. The company generates revenue primarily through professional services contracts, including fixed-price projects, time-and-materials engagements, and managed services arrangements. EPAM has historically maintained a significant delivery presence in Central and Eastern Europe, while continuing to diversify delivery operations into Asia, Latin America, and other regions.

The company operates globally through delivery centers, design studios, and consulting offices across North America, Europe, Asia-Pacific, and Latin America. EPAM controls a broad engineering workforce and delivery infrastructure supporting enterprise-scale digital transformation initiatives. Important subsidiaries and acquired capabilities include EPAM Continuum, the company’s integrated business and experience consulting practice, as well as acquisitions such as Thoughtcorp, Emakina Group, and NEORIS-related strategic collaborations in regional markets. EPAM also maintains partnerships with major cloud and enterprise technology providers including Microsoft, Google Cloud, Amazon Web Services, Adobe, Salesforce, and SAP.

Strategic Position & Investments

EPAM’s strategic direction centers on expanding higher-value consulting and transformation services while deepening capabilities in cloud computing, artificial intelligence, data engineering, cybersecurity, and digital product design. The company has invested heavily in expanding its consulting and customer experience offerings to complement its established software engineering foundation. Management has emphasized resilience through geographic diversification following disruptions associated with the Russia-Ukraine conflict, including expansion of delivery capacity in India, Latin America, Central Asia, and additional European locations.

Acquisitions have played a meaningful role in EPAM’s growth strategy. The acquisitions of Emakina Group and Thoughtcorp expanded the company’s customer experience, digital marketing, and enterprise transformation capabilities. EPAM has also invested in industry-specific solutions and emerging technologies tied to generative AI, intelligent automation, and advanced analytics. The company positions itself as a partner for complex enterprise modernization projects that combine strategy, engineering, and operational execution, particularly for large multinational organizations seeking integrated digital transformation services.

Geographic Footprint

EPAM is headquartered in Newtown, Pennsylvania, United States, and maintains a broad international operating presence. The company has major operations across North America, Europe, Asia-Pacific, and Latin America, with engineering and delivery centers distributed globally. Historically, Eastern Europe represented a major concentration of technical talent, particularly in countries such as Belarus, Ukraine, Poland, and Hungary, though EPAM has increasingly diversified its workforce and infrastructure into additional regions.

The company serves clients globally, with the United States representing its largest market by revenue. EPAM also maintains substantial operations and customer relationships across Western Europe, Central Europe, India, Latin America, and select markets in the Middle East and Asia-Pacific. Its international operating model is designed to support distributed software engineering, consulting delivery, and continuous development services for multinational enterprise clients.

Leadership & Governance

EPAM was co-founded by Arkadiy Dobkin and Leo Lozner. Dobkin has remained a central figure in the company’s development and strategic direction, emphasizing engineering excellence, distributed talent development, and long-term enterprise client relationships. The company’s leadership strategy has focused on combining deep technical expertise with consulting-led digital transformation capabilities while maintaining operational flexibility across global delivery markets.

Key executives include:

• Arkadiy Dobkin – Chief Executive Officer and President
• Jason Peterson – Chief Financial Officer
• Elaina Shekhter – Chief Marketing and Strategy Officer
• Larry Solomon – Senior Vice President, General Counsel and Secretary
• Balazs Fejes – President, Global Business and Chief Revenue Officer
• Vladik Khononov – Senior Vice President, Engineering Excellence

EPAM operates as a publicly traded company listed on the New York Stock Exchange under the ticker EPAM and is governed by a board of directors and executive leadership team responsible for strategic oversight, financial performance, and corporate governance practices consistent with public company reporting requirements, including disclosures through SEC filings such as annual reports on Form 10-K and quarterly reports on Form 10-Q.