EPAM Systems Inc. Recognized as Top IT Vendor in Europe for 2025
February 5, 2025 - EPAM Systems, Inc. (NYSE: EPAM), a frontrunner in digital transformation services and product engineering, has once again secured its position as the leading IT vendor in Europe, as recognized by Whitelane Research. This prestigious acknowledgment marks the second consecutive year EPAM has earned the title, underscoring its commitment to excellence across various IT service categories.
1. Exceptional Performance Acknowledged
In Whitelane Research's 2024/2025 IT Sourcing Study, nearly 2,300 participants from top IT spending organizations in Europe evaluated over 6,000 IT sourcing relationships. The comprehensive study assessed 34 IT service providers based on critical performance indicators and various IT service towers. EPAM stood out with remarkable ratings across several categories, including:
- Service Delivery Quality: Ranked #1, EPAM earned a rating of 84%
- Application Services: Named an *exceptional performer* with a rating of 82%
- Account Management Quality: Received a rating of 82%
- General Satisfaction: Also recognized as an *exceptional performer* with a rating of 81%
- Digital Transformation: Rated as a *strong performer* with 79%
- Transformative Innovation: Ranked #1 with a rating of 78%
Client-Centric Focus
Balazs Fejes, President of Global Business & Chief Revenue Officer at EPAM, expressed his pride in the company’s performance, stating, "We are pleased to be recognized as a leading IT vendor in Europe for the second consecutive year by Whitelane Research. Our consistently exceptional performance across multiple categories is a testament to our unwavering commitment to our clients." Fejes emphasized EPAM's role in empowering clients to adapt and innovate across Europe and globally.
Insights from Whitelane Research
Alex van den Bergh, Head of Research, Europe at Whitelane Research, highlighted EPAM's robust capabilities in leading innovative change, stating, "Client feedback highlights EPAM's robust capabilities in leading innovative change through digital transformation technologies and application services." He noted that EPAM's focus on delivering high-value, mission-critical work without compromising quality has contributed to sustained high levels of customer satisfaction and service quality.
2. Continued Success in IT Sourcing Studies
This accolade adds to EPAM's history of commendable performances in various IT sourcing studies across key European markets, including Germany, Switzerland, the UK, the Nordics, and the Netherlands. The company's dedication to excellence positions it as a trusted partner for digital transformation and engineering services.
3. About EPAM Systems
Founded in 1993, EPAM Systems has established itself as a premier global provider of digital engineering, cloud, and AI-enabled transformation services. The firm addresses clients' transformation challenges with its integrated strategy, technology consulting, and engineering expertise, ensuring expedited time to market and enhanced value from innovations and digital investments.
EPAM's commitment to making AI technologies tangible is reflected in its offerings, such as AI LLM orchestration and EPAM DIAL, among others. With a global reach and local engagement, EPAM aims to improve lives and fuel competitive advantages for clients across diverse industries.
Recognition and Growth
EPAM's achievements, including its addition to the S&P 500 and Forbes Global 2000 lists in 2021, and being recognized as a Top 100 Best Workplace by Glassdoor and Newsweek, underline its significant presence in the IT services sector. The firm continues to be acknowledged as a leader in various IDC MarketScapes for experience design and software engineering services.
For more details on the survey and EPAM's performance, please visit Whitelane Research.
Forward-Looking Statements
This press release contains forward-looking statements, subject to risks and uncertainties that may affect future events. Readers are encouraged to review EPAM's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission for detailed information.
Learn more about EPAM Systems at www.epam.com and follow the company on LinkedIn.