Barclays ODC EPAM Systems
Barclays ODC EPAM Systems is a company.
Financial History
Leadership Team
Key people at Barclays ODC EPAM Systems.
Barclays ODC EPAM Systems is a company.
Key people at Barclays ODC EPAM Systems.
Key people at Barclays ODC EPAM Systems.
EPAM Systems, Inc. (EPAM) is a leading global provider of software engineering services, digital platform engineering, digital product design, and AI-enabled transformation services.[1][2][3] Founded in 1993 and headquartered in Newtown, Pennsylvania, EPAM serves over 340 Forbes Global 2000 clients across 11 industries in 55+ countries, employing 62,350 people as of Q3 2025, with a focus on human-centric innovation through engineering, design thinking, and consulting.[1][2][4] It helps enterprises and startups accelerate digital transformation by delivering scalable solutions in AI, cloud, and product development, evidenced by achievements like its first billion-dollar revenue quarter and S&P 500 inclusion.[1][3]
EPAM's growth momentum is strong, marked by rapid expansion, strategic acquisitions, and leadership in AI and GenAI, including launches like EPAM DIAL, EliteA™, AI/RUN™, and TelescopeAI® for IT operations.[1][3][4] It powers client successes such as increased website capacity for Bacardi, more players for Epic Games, and higher online quotes for LV= General Insurance.[4]
EPAM Systems was founded in 1993 by Arkadiy Dobkin and Leo Lozner in Princeton, New Jersey, USA, and Minsk, Belarus, starting with three employees focused on software engineering services.[1][3] Early traction came from projects like a Salesforce Automation solution for Colgate-Palmolive across Europe and Latin America, and landing SAP AG as its first major software product development client.[1] By 2002, Deloitte & Touche ranked it as a fast-growing company publicly for the first time.[3]
The company evolved through geographic and service diversification: acquiring Fathom Technologies in 2004 for its first EU center in Budapest, Hungary; securing Siguler Guff investment in 2006; IPO on the NYSE in 2012 under ticker EPAM; and launching EPAM Continuum in 2019 for consulting.[1][3] Pivotal moments include reaching 40+ countries with billion-dollar quarters, S&P 500 addition, and recent AI successes, culminating in 2025 leadership changes with Balazs Fejes as CEO and Dobkin as Executive Chairman.[1][3]
EPAM stands out in the competitive digital services landscape through these key strengths:
EPAM rides the AI-native transformation wave, capitalizing on enterprise demand for GenAI, cloud migration, and digital platforms amid accelerating tech adoption.[1][4] Timing is ideal post-2020s digital acceleration, with market forces like AI democratization (e.g., Google Cloud collaborations) and sector-specific needs in energy (Baker Hughes partnership), gaming, insurance, and telecom favoring its expertise.[3][4]
It influences the ecosystem as a MACH Alliance founder promoting composable architectures, while fostering innovation through 200+ ISV partnerships and BiTA membership for blockchain in transport.[3] EPAM shapes startup growth via product engineering and scales enterprises, bridging legacy systems to AI-driven futures in a $500B+ services market.[2]
EPAM is poised for continued dominance in AI-led digital engineering, with expansions in high-growth regions like India and LATAM, and deepening verticals in healthcare, FSI, and manufacturing.[1][4] Trends like enterprise-wide AI adoption, agentic AI (e.g., its Google Cloud agents), and sustainable innovation will propel revenue beyond recent billion-dollar milestones, potentially targeting S&P 500 leadership in services.[1][3]
Its influence may evolve toward full-stack AI orchestration, influencing standards via alliances and acquisitions. As one of the fastest-growing public tech firms, EPAM exemplifies how engineering prowess meets strategic consulting to deliver real business value in a human-centric digital era.[1][2]