Software Engineering Services, Experience
Build Services and Experience Design Services
NEWTOWN,
Pa., Jan. 18, 2024 /PRNewswire/ -- Customer
Experience (CX) is at the core of an enterprise business customer
relationship. To stay at the top of an increasingly competitive
environment, it's imperative to understand what people want, need,
and value and translate that into products and services in today's
digital world. EPAM Systems, Inc. (NYSE: EPAM), a leading digital
transformation services and product engineering company, today
announced it has been named a Leader in three IDC
MarketScape reports:
- IDC MarketScape: Worldwide Experience Build Services 2023-2024
Vendor Assessment (doc #US49988323, December
2023)
- IDC MarketScape: Worldwide Experience Design Services 2023-2024
Vendor Assessment (doc #US49988123, December
2023)
- And IDC MarketScape: Worldwide Software Engineering
Services 2023 Vendor Assessment (doc #US51330523, November 2023)
"We are proud to be recognized as a Leader in the IDC
MarketScapes for Software Engineering Services, Experience Build
Services and Experience Design Services," said Kevin Labick, SVP, Head of Digital Engagement
Practice at EPAM. "We believe it's a testament to EPAM's proven
ability to deliver best-in-class strategy, experience and
technology solutions that drive measurable business value."
- Drive Greater Customer Engagement with Experience Design
Services.
EPAM Continuum, the integrated strategy,
technology and experience consulting practice of EPAM, was
named a top 20 Fastest Growing Firm by Consulting
Magazine. Key focus areas include Customer and Business Research,
CX Strategy, Experience Design and Design Operations.
- Experience Build Services Helps Break Silos, Outpace
Competitors and Deliver Growth.
EPAM understands the
importance of technology and process change when creating new
experiences and has a track record of driving successful
organizational and technology change among its clients.
- The Future of Business is made possible by Modern Software
Engineering Services.
EPAM brings more than 30 years of expertise in architecture,
development, continuous testing, DevOps, cloud, data and security —
augmented by industry focus and agile transformation — to build
best-of-breed software for exceptional customer experiences.
The IDC MarketScape for Experience Design Services noted, "EPAM
is a potentially a good choice for organizations that want a
partner combining experience design and platform implementation
services with software, product engineering and IT professional
services." The same report also noted, "EPAM reference clients
commended the firm most highly in experience design were value for
money, value creation, and design excellence."
To learn more about why EPAM was recognized in customer
experience, visit
www.epam.com/services/customer-experience.
About IDC MarketScape:
IDC MarketScape vendor
assessment model is designed to provide an overview of the
competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative
and quantitative criteria that results in a single graphical
illustration of each vendor's position within a given market. IDC
MarketScape provides a clear framework in which the product and
service offerings, capabilities and strategies, and current and
future market success factors of IT and telecommunications vendors
can be meaningfully compared. The framework also provides
technology buyers with a 360-degree assessment of the strengths and
weaknesses of current and prospective vendors.
About EPAM Systems
Since 1993, EPAM Systems, Inc.
(NYSE: EPAM) has leveraged its advanced software engineering
heritage to become the foremost global digital transformation
services provider – leading the industry in digital and physical
product development and digital platform engineering services.
Through its innovative strategy; integrated advisory, consulting,
and design capabilities; and unique 'Engineering DNA,' EPAM's
globally deployed hybrid teams help make the future real for
clients and communities around the world by powering better
enterprise, education and health platforms that connect people,
optimize experiences, and improve people's lives. In 2021, EPAM was
added to the S&P 500 and included among the list of Forbes
Global 2000 companies.
Selected by Newsweek as a 2021, 2022 and 2023 Most Loved
Workplace, EPAM's global multidisciplinary teams serve customers in
more than 50 countries across six continents. As a recognized
leader, EPAM is listed among the top 15 companies in Information
Technology Services on the Fortune 1000 and ranked four times as
the top IT services company on Fortune's 100 Fastest Growing
Companies list. EPAM is also listed among Ad Age's top 25 World's
Largest Agency Companies for three consecutive years, and
Consulting Magazine named EPAM Continuum a top 20 Fastest Growing
Firm.
Learn more at www.epam.com and follow EPAM
on Twitter and 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, political and civil
unrest or military action in the geographies where we conduct
business and operate, developments relating to COVID-19, and the
effect that they may have on our revenues, operations, access to
capital, profitability and customer demand. 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.
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SOURCE EPAM Systems, Inc.