EPAM Recognized Again on the 2016 Global Outsourcing 100® List by IAOP®
(Thomson Reuters ONE) -
Company recognized for creating value for top customers, innovative initiatives,
corporate social responsibility programs and overall scalability and growth
NEWTOWN, Pa., June 07, 2016 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM),
a leading global provider of product development and software engineering
solutions, today announced that it was recognized on The 2016 Global Outsourcing
100(®) (GO100) list, which acknowledges the world's best outsourcing service
providers and advisors. The list is managed by the International Association for
Outsourcing Professionals(® )(IAOP(®)) and published annually by
FORTUNE(® )Content Marketing & Strategies, in a special advertising feature
produced by IAOP.
EPAM ranked as a top company and well above average in four out of five
categories, including size and growth, customer references, programs for
innovation and corporate social responsibility programs. EPAM was also awarded
with a Super Star for Sustained Excellence for its continued recognition on the
GO100 list.
"We are pleased to be recognized, once again, as one of the best outsourcing
providers in the world," said Elaina Shekhter, CMO, EPAM. "As we continue our
industry-leading growth story, we are reshaping the model of outsourcing by
bringing a unique combination of product development, digital orchestration and
deep engineering capabilities to service our global portfolio of clients as they
navigate continuing waves of technology change. With a presence in 25 countries
and a unique approach to agile, distributed delivery, we've created a model for
collaboration that goes beyond outsourcing and delivers proven business
results."
The GO100 list includes both established global firms, referred to as "Leaders"
as well as smaller growing firms referred to as "Rising Stars." Companies are
first organized by Leader or Rising Star criteria and then evaluated based on
five judging categories. Judging is based on a rigorous scoring methodology that
includes an independent review by a panel of IAOP customer members with
extensive experience in selecting outsourcing service providers and advisors for
their organizations. All companies included on the list will have demonstrated
their global excellence; full "stars" will be awarded to all companies
distinguishing themselves in one or more judging categories.
EPAM was awarded stars for size and growth measured by revenue, employees and
global presence; customer references demonstrated through high value for top
customers; programs for innovation demonstrated through specific programs and
resulting outcomes that produce new forms of value for customers; and corporate
social responsibility shown through corporate programs and outcomes that address
topics such as community involvement and development, human rights, and
environmental impacts.
"Buyers understand there are hundreds of qualified service providers and
advisors out there, but what they really need to understand now is what makes
each one exceptional," said IAOP CEO, Debi Hamill. "The Global Outsourcing 100
list has done just that. We're proud to recognize EPAM for being among the
highest rated companies in customer references, programs for innovation and
corporate social responsibility as well as size and growth."
For the full 2016 GO100 list, please visit www.IAOP.org. For more information
about the product development and software engineering solutions that EPAM
provides, please visit www.epam.com.
About EPAM Systems
EPAM Systems, Inc. (NYSE:EPAM), a leading global product development and
platform engineering services company, is focused on delivering results through
best-in-class software engineering, combined with innovative strategy,
consulting and design capabilities. With 23 years of experience in
the information technology industry, EPAM's 18,000 people serve our customers in
over 25 countries across North America, Europe, Asia and Australia. EPAM was
ranked #8 in FORBES 25 Fastest Growing Public Tech Companies and was ranked as a
top information technology services company on FORTUNE'S 100 Fastest Growing
Technology Companies.
For more information, please visit http://www.epam.com/ and follow us on Twitter
((at)EPAMSYSTEMS) and LinkedIn.
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.
About IAOP(®)
IAOP is the go-to association leading the way to improve outsourcing outcomes by
bringing together customers, providers and advisors in a collaborative,
knowledge-based environment that promotes professional development, recognition,
certification and excellence. With over 120,000 members and affiliates
worldwide, IAOP is not only on top of the latest trends but in front of them.
Through its expansive global chapter network, premier training and certification
programs, knowledge center, member community and more, IAOP helps members learn,
grow and succeed. For more information and how you can become involved, visit
www.IAOP.org.
About The Global Outsourcing 100(®)
As the global, standard-setting association and advocate for outsourcing
professionals and the organizations they support, the International Association
of Outsourcing Professionals(®) (IAOP(®)) annually produces the following
research to help companies in their outsourcing decisions:
* The Global Outsourcing 100 - the annual listing of the world's best
outsourcing service providers - in its eleventh year
* The World's Best Outsourcing Advisors - the annual listing of the top
outsourcing advisors and consultants - in its eighth year
Media Contacts:
Kate Tulloch-Hammond Director, Communications, IAOP
+1.845.452.0600, ext. 122 | Kate.hammond(at)IAOP.org
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
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