EPAM Recognized

EPAM Systems, Inc. (NYSE: EPAM) shares backpedaled Tuesday, as the leading digital transformation services and product engineering company, today announced it has been named a Top IT Sourcing Vendor in the U.K., achieving high customer satisfaction rankings across multiple evaluation criteria by Whitelane Research, an independent organization focused on IT sourcing research across Europe. This latest recognition reflects

EPAM's competitive differentiation in digital transformation, application services and innovative transformation metrics in the U.K. IT sourcing market.

To maintain growth and remain competitive in today's evolving technological landscape, organizations are partnering with external IT vendors for their expertise to accelerate digital initiatives.

"We're honored to be recognized by our clients as a top IT service provider in the UK," said Balazs Fejes, President of EU and APAC Markets at EPAM. "This evaluation is a testament to the success of our ongoing client partnerships and our commitment to supporting their innovation journeys. We're excited to continue leveraging our Engineering DNA to help clients successfully scale and transform through our strategy, integrated advisory, consulting and design capabilities."

In the 2024 U.K. IT Sourcing Study by Whitelane Research, more than 300 CIOs from the top IT spending organizations in the UK evaluated close to 900 unique IT sourcing relationships based on key performance indicators and by IT domain, delivering one of the most representative voice-of-the-customer reports on the outsourcing market in the U.K.

EPAM shares retreated $1.46 to $175.52.

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