With the highest scores across most metrics
and significant leads above competitors and market
averages, EPAM has differentiated itself as a top IT service
provider in the Swiss market
NEWTOWN,
Pa., Sept. 28, 2023 /PRNewswire/ -- EPAM
Systems, Inc. (NYSE: EPAM), a leading digital transformation
services and product engineering company, today announced it has
been named a Top IT Sourcing Vendor in Switzerland, achieving the highest percentile
customer satisfaction rankings across multiple industry sectors and
evaluation criteria by Whitelane Research, an independent
organization focused on IT sourcing research across Europe. This latest recognition reflects
EPAM's superior differentiation in customer satisfaction ratings,
having achieved the highest scores across satisfaction, delivery,
relationship and innovation metrics in the Swiss IT sourcing
market.
"We are delighted to be recognized as the highest-ranked IT
service provider in general satisfaction, digital transformation
and application services in Whitelane Research's 2023 IT
Sourcing Survey for Switzerland,"
said Enver Amdiy, VP, Switzerland Business Unit Head at EPAM. "We
extend our heartfelt gratitude to our clients for their continued
trust, which has been instrumental in achieving these outstanding
customer satisfaction ratings. Their confidence reinforces our
commitment to continue delivering on our client-centric account
management and service excellence promise, as we continue to
support them in accelerating their transformative innovation
journeys."
In Whitelane Research's 2023 annual IT sourcing study, more than
140 CIOs from the top IT spending organizations in Switzerland evaluated more than 340 unique IT
sourcing relationships based on key performance indicators and by
IT domain, delivering one of the most representative reports on the
outsourcing market in Switzerland.
Survey respondents evaluated 18 IT service providers across various
performance categories, with EPAM achieving exceptional performer
satisfaction ratings in the following categories:
- Account Management Quality: EPAM received a rating of
92%
- Service Delivery Quality: EPAM received a rating of
88%
- Digital Transformation: EPAM received a rating of
86%
- General Satisfaction: EPAM received a rating of 84%
- Application Services: EPAM received a rating of 84%
- Transformative Innovation: EPAM received a rating of
80%
"EPAM has received excellent scores in this year's survey from
their clients in Switzerland,
leading to an exceptional performer ranking in several assessment
criteria," said Jef Loos, Head of
Research, Europe at Whitelane
Research. "EPAM's clients have shown their appreciation for the
Company's committed account management teams, who demonstrate
strong engineering and technical capabilities and a positive
customer-centric mindset. This is an outstanding result for
EPAM."
Recognized by Whitelane Research and clients for superior
customer satisfaction, EPAM helps customers in Switzerland and beyond scale and transform
across multiple industries through its innovative strategy,
integrated advisory, consulting and design capabilities. This new
recognition underscores EPAM's ongoing efforts in bringing to
market the latest digital transformation services, product design
and engineering capabilities to meet the growing technology
modernization requirements of Switzerland-based customers.
In September 2022, EPAM gained recognition from Whitelane
Research as a top IT sourcing vendor in Switzerland. In March
2023, EPAM was acknowledged by Whitelane Research as a top
IT sourcing vendor in the
Netherlands, and in April
2023, EPAM received similar recognition as a top IT sourcing
vendor in the Nordics.
To see the full survey results,
visit: https://whitelane.com/switzerland-2023.
About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its
advanced software engineering heritage to become the foremost
global digital transformation services provider – leading the
industry in digital and physical product development and digital
platform engineering services. Through its innovative strategy;
integrated advisory, consulting, and design capabilities; and
unique 'Engineering DNA,' EPAM's globally deployed hybrid teams
help make the future real for clients and communities around the
world by powering better enterprise, education and health platforms
that connect people, optimize experiences, and improve people's
lives. In 2021, EPAM was added to the S&P 500 and included
among the list of Forbes Global 2000 companies.
Selected by Newsweek as a 2021, 2022 and 2023 Most Loved
Workplace, EPAM's global multi-disciplinary teams serve customers
in more than 50 countries across six continents. As a recognized
leader, EPAM is listed among the top 15 companies in Information
Technology Services on the Fortune 1000 and ranked four times as
the top IT services company on Fortune's 100 Fastest Growing
Companies list. EPAM is also listed among Ad Age's top 25 World's
Largest Agency Companies for three consecutive years, and
Consulting Magazine named EPAM Continuum a top 20 Fastest Growing
Firm.
Learn more at www.epam.com and follow EPAM
on Twitter and LinkedIn.
Forward-Looking Statement
This press release includes estimates and 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. Our estimates and forward-looking statements
are mainly based on our current expectations and estimates of
future events and trends, which affect or may affect our business
and operations. These statements may include words such as "may,"
"will," "should," "believe," "expect," "anticipate," "intend,"
"plan," "estimate" or similar expressions. Those future events and
trends may relate to, among other things, developments relating to
the war in Ukraine and escalation
of the war in the surrounding region, political and civil unrest or
military action in the geographies where we conduct business and
operate, difficult conditions in global capital markets, foreign
exchange markets and the broader economy, and the effect that these
events may have on our revenues, operations, access to capital, and
profitability. Other factors that could cause actual results to
differ materially from those expressed or implied include general
economic conditions, the risk factors discussed in the Company's
most recent Annual Report on Form 10-K and the factors discussed in
the Company's Quarterly Reports on Form 10-Q, particularly under
the headings "Management's Discussion and Analysis of Financial
Condition and Results of Operations" and "Risk Factors" and other
filings with the Securities and Exchange Commission. Although we
believe that these estimates and forward-looking statements are
based upon reasonable assumptions, they are subject to several
risks and uncertainties and are made based on information currently
available to us. 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.
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SOURCE EPAM Systems, Inc.