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EPAM Leads as a Top IT Service Provider in Belgium and Luxembourg

EPAM (NYSE: EPAM) was named a 2026 Top IT Sourcing Vendor in Belgium and Luxembourg by Whitelane Research on March 18, 2026.

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EPAM (NYSE: EPAM) was named a 2026 Top IT Sourcing Vendor in Belgium and Luxembourg by Whitelane Research on March 18, 2026. Clients rated EPAM #1 in Application Services with 83%, 83% General Satisfaction, and 85% Service Delivery Quality.

This client-driven recognition reflects EPAM's strengths in digital, AI, data, cloud and engineering capabilities across the BeLux region.

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Positive

  • Ranked #1 in Application Services with an 83% client rating
  • 83% General Satisfaction among surveyed top IT spenders
  • 85% Service Delivery Quality rating from clients in BeLux

Negative

  • None.
Argus Mar 18 session
-1.82% close to close Open Argus
Details

News Market Reaction – EPAM

On Mar 18, the day this news came out, EPAM closed 1.82% below the previous close.

Data tracked by StockTitan Argus for the Mar 18 session.

Market Context

This announcement highlights EPAM’s strong standing in Belgium and Luxembourg, with top ratings of 8...
Analysis

This announcement highlights EPAM’s strong standing in Belgium and Luxembourg, with top ratings of 83–85% across key satisfaction metrics and no dissatisfied clients. It builds on recent European recognitions and strategic initiatives, including buybacks and ecosystem partnerships. Investors following the name may watch how consistent high client scores translate into revenue growth, margin trends, and competitive positioning across EPAM’s broader European footprint over time.

Key Figures

Application services rating: 83% General satisfaction rating: 83% Service delivery quality rating: 85% +4 more
Application services rating
83%
Whitelane 2026 BeLux IT Sourcing Study
General satisfaction rating
83%
Whitelane 2026 BeLux IT Sourcing Study
Service delivery quality rating
85%
Whitelane 2026 BeLux IT Sourcing Study
Survey participants
340+
Top IT spending organizations in BeLux
IT sourcing relationships evaluated
850+
Whitelane 2026 BeLux IT Sourcing Study
IT service providers evaluated
36
Whitelane 2026 BeLux IT Sourcing Study
Dissatisfied clients
0
Whitelane 2026 BeLux IT Sourcing Study for EPAM

Historical Context

5 past events · Latest: Mar 11
5 events
  1. Mar 11

    Security partnership

    24h Move
    -0.1%

    Joined Microsoft Intelligent Security Association to deepen security collaboration.

  2. Mar 10

    Vendor recognition

    24h Move
    -2.8%

    Named 2026 Top IT Vendor in the Netherlands by Whitelane Research.

  3. Mar 05

    Buyback program

    24h Move
    +2.6%

    $300M accelerated share repurchase under existing authorization.

  4. Feb 25

    Platform integration

    24h Move
    +1.8%

    Deltix trading platform integrated with AX perpetual futures exchange.

  5. Feb 25

    Correction notice

    24h Move
    +1.8%

    Clarified details on DeltixLab integration with AX exchange.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Top client ratings in application services and general satisfaction underscore EPAM's end-to-end digital and AI transformation capabilities in Whitelane Research's 2026 BeLux IT Sourcing Study

NEWTOWN, Pa. and BRUSSELS, March 18, 2026 /PRNewswire/ -- As organizations adapt and scale to meet rapidly evolving market demands, partnering with an IT provider that brings strong engineering expertise and integrated technical capabilities is critical for accelerating transformation and ensuring AI readiness. EPAM Systems, Inc. (NYSE: EPAM) today announced it has been recognized as a 2026 Top IT Sourcing Vendor in Belgium and Luxembourg by Whitelane Research, an independent organization focused on IT sourcing research across Europe.

Read the full results here.

This client-driven recognition follows EPAM's recent achievement as a leading IT provider in Europe for the third consecutive year by Whitelane Research, securing the #1 ranking across multiple key categories. As a trusted partner for delivering transformative solutions, EPAM applies advanced capabilities across digital, AI, data, cloud and engineering.

"We're honored to be recognized by our clients as a top IT services partner in Belgium and Luxembourg for application services, service delivery quality and general satisfaction," said Alex van Gestel, VP and Head of Benelux at EPAM. "Our top-quartile standing in AI recognition also underscores our commitment to helping clients become AI-Native enterprises, empowering them to optimize operations, reimagine customer experiences and create differentiated offerings."

In Whitelane Research's 2026 Belgium and Luxembourg IT Sourcing Study, more than 340 participants from the top IT spending organization in the region evaluated over 850 unique IT sourcing relationships based on key performance indicators and by IT service tower. Survey respondents evaluated 36 IT service providers across several performance categories, forming one of the most comprehensive client-driven insights reports on the IT vendor market in the region.

EPAM received excellent satisfaction ratings in the following categories:

  • Application Services: [Ranked #1] EPAM named an exceptional performer with a rating of 83%
  • General Satisfaction: EPAM named an exceptional performer with a rating of 83%
  • Service Delivery Quality: EPAM received a rating of 85%

"EPAM's outstanding results in the 2026 BeLux IT Sourcing Study reflect its strong alignment with modern enterprise needs and reinforce its position as a trusted partner for IT services and business transformation in the region," said Jef Loos, Head of Research, Europe at Whitelane Research. "Backed by zero dissatisfied clients surveyed and top-tier performance in application services and service delivery quality, EPAM demonstrates a clear ability to deliver consistent, measurable outcomes for sustained client value."

This recognition further solidifies EPAM's leadership in the European IT market by adding to a series of recent achievements received from Whitelane Research, including in the Netherlands, Europe, Germany, Switzerland, the UK & Ireland, and the Nordics.

To see the full survey results, visit: https://whitelane.com/belux-2026/

Learn how EPAM's multidisciplinary teams help enterprises adapt and grow by visiting https://www.epam.com/services

About EPAM Systems, Inc.
EPAM (NYSE:EPAM) is a global leader in AI transformation engineering and integrated consulting, serving Forbes Global 2000 companies and ambitious startups. With over thirty years of expertise in custom software, product and platform engineering, EPAM empowers organizations to become AI-Native enterprises, driving measurable value from innovation and digital investments. Recognized by industry benchmarks and leading analysts as a leader in AI, EPAM delivers globally while engaging locally, making the future real for clients, partners, and employees. 

We are proud to be recognized by Forbes, Glassdoor, Newsweek, Time Magazine, Great Place to Work and kununu as a Most Loved Workplace around the world. 

Learn more at www.epam.com and follow us on LinkedIn

Forward-Looking Statements  
This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets, global trade, and the broader economy, the adoption and implementation of artificial intelligence technologies by EPAM and its clients, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company's most recent Annual Report on Form 10-K and the factors discussed in the Company's Quarterly Reports on Form 10-Q, particularly under the headings "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/epam-leads-as-a-top-it-service-provider-in-belgium-and-luxembourg-302716790.html

SOURCE EPAM Systems, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recognition did EPAM (NYSE: EPAM) receive in Belgium and Luxembourg on March 18, 2026?

EPAM was named a 2026 Top IT Sourcing Vendor in Belgium and Luxembourg by Whitelane Research. According to EPAM, clients rated the company #1 in Application Services and gave 83% satisfaction and 85% service delivery quality.

How did clients rate EPAM's application services in the 2026 BeLux Whitelane study?

Clients rated EPAM's application services at 83% and ranked it #1 in the category. According to EPAM, the score reflects evaluation by over 340 participants covering 850 IT relationships in the BeLux study.

What do the 85% service delivery quality and 83% satisfaction scores mean for EPAM shareholders?

The scores indicate high client satisfaction and delivery performance in BeLux, which can support business stability. According to EPAM, zero dissatisfied clients were reported and the results reinforce its regional leadership in IT services.

How comprehensive was Whitelane Research's 2026 BeLux IT Sourcing Study that honored EPAM?

The study surveyed more than 340 participants and evaluated over 850 unique IT sourcing relationships across 36 providers. According to EPAM, it represents one of the most comprehensive client-driven vendor assessments in the region.

Where can investors find the full 2026 Belgium and Luxembourg IT Sourcing Study results mentioning EPAM?

Investors can view the full Whitelane Research BeLux 2026 results on Whitelane's website. According to EPAM, the study's detailed findings and vendor rankings are published at Whitelane's BeLux 2026 report page.

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