EPAM Achieves Exceptional Performer Status in 2024 Swiss IT Sourcing Study
Rhea-AI Summary
EPAM Systems has been named a Top IT Sourcing Vendor in Switzerland for the fourth consecutive year, according to the 2024 Swiss IT Sourcing Study by Whitelane Research. The company achieved exceptional performer status in application services and general satisfaction, with excellent ratings in several categories:
- Account Management Quality: 87%
- Application services: 85%
- Service Delivery Quality: 84%
- General Satisfaction: 83%
- Digital transformation: 80%
The study evaluated over 400 unique IT sourcing relationships based on key performance indicators. EPAM's recognition underscores its commitment to delivering leading-edge digital transformation services, application services, and engineering solutions tailored to clients' evolving needs in the Swiss market.
AI-generated analysis. Not financial advice.
Positive
- Achieved Top IT Sourcing Vendor status in Switzerland for the fourth consecutive year
- Received exceptional performer status in application services and general satisfaction
- Scored high ratings in key categories: Account Management Quality (87%), Application services (85%), Service Delivery Quality (84%)
- Recognized as a top choice for future business in the Swiss IT sourcing market
Negative
- None.
News Market Reaction – EPAM
On the day this news was published, EPAM gained 0.80%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Receiving top client-driven evaluation scores across account management, service delivery quality, application services and digital transformation, EPAM has positioned itself as a top IT service provider in the Swiss market
"We're honored to be recognized by our clients as a top-performing IT sourcing vendor in the 2024 Whitelane Research IT Sourcing Survey for
In the 2024 Swiss IT Sourcing Study by Whitelane Research, more than 150 CIOs from the top IT spending organizations evaluated more than 400 unique IT sourcing relationships based on key performance indicators and by IT domain, delivering one of the most representative voice-of-the-customer reports on the outsourcing market in
- Account Management Quality: EPAM received a rating of
87% - Application services: EPAM received a rating of
85% - Service Delivery Quality: EPAM received a rating of
84% - General Satisfaction: EPAM received a rating of
83% - Digital transformation: EPAM received a rating of
80%
"EPAM's performance in the 2024 Swiss IT Sourcing Study demonstrates its strong position as a reliable IT service provider, particularly excelling in application services and digital transformation," said Alex van den Bergh, Head of Research,
Recognized by clients across
Recent customer-led recognitions by Whitelane Research have underscored EPAM's performance as a highly competitive IT sourcing vendor across various European markets:
- In June 2024, EPAM was recognized as a top IT sourcing vendor in the
UK . - In April 2024, EPAM was named a top IT sourcing vendor in the Nordics.
- In March 2024, EPAM was recognized as a top IT sourcing vendor in
the Netherlands . - In February 2024, EPAM received recognition from Whitelane Research as a top IT sourcing vendor in Europe.
- In December 2023, EPAM was named a top IT sourcing vendor by Whitelane Research in Germany.
To see the full survey results, visit: whitelane.com/switzerland-2024
About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud and AI-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious startups. We address our clients' transformation challenges by focusing EPAM Continuum's integrated strategy, experience and technology consulting with our 30+ years of engineering execution to speed our clients' time to market and drive greater value from their innovations and digital investments.
We make GenAI real with our AI LLM orchestration, testing and engineering solutions, EPAM DIAL, EPAM EliteA™ and EPAM AI/RUN™, respectively.
We deliver globally but engage locally with our expert teams of consultants, architects, designers and engineers, making the future real for our clients, our partners, and our people around the world. We believe the right solutions are the ones that improve people's lives and fuel competitive advantage for our clients across diverse industries. Our thinking comes to life in the experiences, products and platforms we design and bring to market.
Added to the S&P 500 and the Forbes Global 2000 in 2021 and recognized by Glassdoor and Newsweek as a Top 100 Best Workplace, our multidisciplinary teams serve customers across six continents. We are proud to be among the top 15 companies in Information Technology Services in the Fortune 1000 and to be recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services and Worldwide Software Engineering Services as well as a leader in the 2024 Gartner® Magic Quadrant™ for Custom Software Development Services, Worldwide.*
Learn more at www.epam.com and follow us on LinkedIn.
* Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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SOURCE EPAM Systems, Inc.