EPAM Recognized as a Leader in Application Outsourcing Capabilities

EPAM Recognized as a Leader in Application Outsourcing Capabilities

ID: 514178

(Thomson Reuters ONE) -


NEWTOWN, Pa., Dec. 20, 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 a leader in Application Outsourcing
Capabilities in the report "The Forrester Wave(TM): Application Outsourcing
Capabilities of Midsize Offshore Vendors, Q4 2016." EPAM scored among the top
three in client satisfaction and according to the report, "More than any other
midsize vendor, EPAM Systems combines digital product engineering competencies
and the ability to solve difficult technical challenges with the flexibility and
customer centricity advantages of a midsize provider."

Earlier this year, EPAM was named the leader in Digital Platform Engineering
Services in the report "The Forrester Wave(TM): Digital Platform Engineering
Services, Q2 2016." According to the report, "Customers consistently cited EPAM
as a strategic partner in business-critical digital transformation projects."

"We believe EPAM's recognition by Forrester underscores our ability to
successfully implement new digital technologies while remaining true to our
engineering DNA, as stated in the newest report," said Elaina Shekhter, Chief
Marketing Officer, EPAM. "Industry leaders are seeking partners who can offer
increased automation and innovation capabilities, and we have helped many of our
clients solve their complex application challenges through our customer-centric
approach and deep vertical expertise."

To assess the application outsourcing capabilities of midsize offshore
providers, Forrester evaluated the strengths and weaknesses of 12 service
providers. After examining past research, user needs assessments, and vendor and
expert interviews, Forrester evaluated suppliers across 33 criteria in three
categories: current offering, strategy, and market presence.





To learn more about EPAM's expertise in delivering innovative software
engineering solutions to its customers, visit http://www.epam.com/ideas.

About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE:EPAM), has leveraged its core engineering
expertise to become a leading global product development and digital platform
engineering services company. Through its 'Engineering DNA' and innovative
strategy, consulting, and design capabilities, EPAM works in collaboration with
its customers to deliver innovative solutions that turn complex business
challenges into real business opportunities. EPAM's global teams serve customers
in over 25 countries across North America, Europe, Asia and Australia. EPAM is a
recognized market leader among independent research agencies and was ranked #8
in FORBES 25 Fastest Growing Public Tech Companies, as a top information
technology services company on FORTUNE'S 100 Fastest Growing Companies, and as a
top UK Digital Design & Build Agency. Learn more at 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.

CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz(at)epam.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that 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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Datum: 20.12.2016 - 20:27 Uhr
Sprache: Deutsch
News-ID 514178
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