EPAM Again Joins Forbes’ List of 25 Fastest Growing Public Tech Companies
June 12 2017 - 10:35AM
EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of
digital platform engineering and software development services,
today announced that it has been ranked on the Forbes’ annual list
of Fastest Growing Public Tech Companies.
The companies on Forbes Fast Tech 25 list are chosen from
several thousand publicly traded technology companies, and ranked
based on a trailing three years of strong, profitable growth
combined with industry-leading projected earnings growth for the
next three to five years.
EPAM is one of only four companies, the other three being
Facebook, Alphabet, and Fortinet, to make repeat appearances on
each of the lists published by Forbes between 2013 and 2017.
The company’s three-year trend of profitable annual revenue growth,
averaging 28%, has led to EPAM being ranked twelfth on the 2017
list.
“We are pleased to once again join an elite group of
fast-growing public technology companies,” said Arkadiy Dobkin, CEO
and President of EPAM. “Being among the only four firms to
consecutively appear on this list since 2013 is a testament to our
ability to constantly challenge ourselves, and to address the high
market demand for solution providers who understand and can deliver
comprehensive digital transformation programs, an area in which
EPAM is recognized as a global leader today. Our ability to develop
and enable globally distributed cross-functional teams with
advanced next-gen capabilities is one of our key success
factors.”
During the last few years, EPAM was recognized across a number
of market segments by leading global independent research firms and
included as a leader in the Forrester Wave™: Digital Platform
Engineering Services, Q2 2016.
For more information about the product development and digital
platform engineering solutions that EPAM provides, please visit
www.epam.com.
About EPAM SystemsSince 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 #12 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.
CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz@epam.com
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