EPAM Named as a Top IT Vendor in Europe for a Second Year in a Row
Rhea-AI Summary
EPAM Systems (NYSE: EPAM) has been recognized as the Top IT Vendor in Europe for the second consecutive year by Whitelane Research in their 2024/2025 IT Sourcing Study. The study evaluated over 6,000 unique IT sourcing relationships from nearly 2,300 participants across Europe's top IT spending organizations.
EPAM achieved exceptional performer status across multiple categories, securing top rankings in key areas:
- Service Delivery Quality: Ranked #1 with 84%
- Application Services: 82%
- Account Management Quality: 82%
- General Satisfaction: 81%
- Digital Transformation: 79%
- Transformative Innovation: Ranked #1 with 78%
The company's strong performance extends beyond this recognition, with positive results in previous IT sourcing studies across Germany, Switzerland, the UK, Nordics, Netherlands, and Europe 2024.
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News Market Reaction – EPAM
In the trading session that priced this news, EPAM gained 0.90%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
As an 'Exceptional Performer' across multiple categories, EPAM sets itself apart as a leading provider in the European IT sourcing market
"We are pleased to be recognized as a leading IT vendor in
In Whitelane Research's 2024/2025 IT Sourcing Study Europe, nearly 2,300 participants of the top IT spending organizations in
- Service Delivery Quality: [Ranked #1] EPAM received a rating of
84% - Application Services: EPAM was named as an exceptional performer with a rating of
82% - Account Management Quality: EPAM received a rating of
82% - General Satisfaction: EPAM was named as an exceptional performer with a rating of
81% - Digital Transformation: EPAM named a strong performer with a rating of
79% - Transformative Innovation: [Ranked #1] EPAM received a rating of
78%
"EPAM has delivered an exceptionally strong performance in our 2024/2025 IT Sourcing Study, cementing their status as one of the top IT service providers in
This recognition by Whitelane Research adds to EPAM's list of positive performances in previous IT sourcing studies, including
To see the full survey results, visit: https://whitelane.com/europe-2024-2025/
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.
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
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SOURCE EPAM Systems, Inc.