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 @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.