EPAM Named Leader in Digital Platform Engineering Services by Independent Research Firm
(Thomson Reuters ONE) -
NEWTOWN, Pa., April 22, 2016 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM),
a leading global provider of product development and software engineering
solutions, today announced it has been named the leader in Digital Platform
Engineering Services in the report "The Forrester Wave(TM): Digital Platform
Engineering Services, Q2 2016." EPAM was the only leader named in the report.
"The company exhibited the strongest grasp and execution of DPES [digital
platform engineering services] of all the vendors evaluated in this report.
Customers consistently cited EPAM as a strategic partner in business-critical
digital transformation projects. The firm provides full life-cycle capabilities
from business strategy ideation and consulting through actual implementation and
management," according to the report.
"With businesses operating in a constant state of disruption, clients want a
partner that can help them build the next generation of externally focused
systems to better serve and engage customers. The evolution in the industry-
focus from Product Development Services (PDS) to Digital Platform Engineering
Services (DPES) is not new to EPAM; we have the ability to connect the dots
across the business to deliver the most effective results with a focus on
innovation and quality," said Arkadiy Dobkin, EPAM CEO & President. "This
digital orchestrator model merges all aspects of a traditional service provider
with a consultancy and interactive agency, making the overall market for EPAM
much broader and requiring that we bring hybrid skills to our clients."
The Forrester report defines digital platforms as the new generation systems -
like digital experience and the internet of things (IoT) - that drive customer
experience and differentiation. The key takeaways noted in the report are the
continued growth of the DPES market as more businesses see digital platforms,
like IoT and digital experience, as a way to address rising customer
expectations and the need for traditional providers to deliver end-to-end
services that encompass consulting, project management, digital engagement and
innovative software development.
"The term 'digital orchestrator' is the best way for us to articulate the value
that we offer," continued Dobkin. "Orchestration is the ability to combine core
product development and integration capabilities with the added skills of design
thinking, experience strategy and business consulting. It's about taking
ownership across the entire product and platform development life cycle."
The Forrester report, based on a 15-criteria evaluation of platform engineering
services, includes the seven most significant service providers in the category.
The report details findings about each vendor's ability to satisfy Forrester's
criteria, which assists business leaders in selecting the right platform
engineering services partner.
A complimentary copy of the "The Forrester Wave(TM): Digital Platform
Engineering Services, Q2 2016." is available for download here.
About EPAM Systems
Established in 1993, EPAM Systems, Inc. (NYSE:EPAM) is recognized as a leader in
software product development by independent research agencies. Headquartered in
the United States, EPAM serves clients worldwide utilizing its award-winning
global delivery platform and its locations in over 25 countries across North
America, Europe, Asia and Australia. EPAM was ranked #6 in America's 25 Fastest-
Growing Tech Companies and #3 inAmerica's Best Small Companies lists by Forbes
Magazine.
For more information, please visit http://www.epam.com/.
Forward-Looking Statements
This press release includes 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. Factors that could cause actual results to differ materially from
those expressed or implied include general economic conditions and the factors
discussed in our most recent Annual Report on Form 10-K and other filings with
the Securities and Exchange Commission. 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.
CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz(at)epam.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EPAM Systems, Inc via GlobeNewswire
[HUG#2006017]
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Datum: 22.04.2016 - 15:43 Uhr
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