Rated as an exceptional performer in service
delivery quality, application services, account management quality
and general satisfaction by Whitelane Research, EPAM has
established itself as a top IT service provider in the Dutch IT
sourcing market
NEWTOWN,
Pa. and HOOFDDORP, Netherlands, March 12,
2024 /PRNewswire/ -- The strategic utilization of
external IT providers has emerged as a dynamic solution for
enterprises to achieve flexible business scalability, address
talent shortages, sustain growth and boost overall competitiveness.
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
the Netherlands for the second
year in a row by Whitelane Research, an independent organization
focused on IT sourcing research across Europe. This latest recognition confirms
EPAM's established IT sourcing provider status in the Netherlands, helping Dutch companies
enhance service quality, optimize costs and foster innovation.
In the 2024 Dutch IT Sourcing Study by Whitelane Research, more
than 250 senior IT decision makers from the top IT spending
organizations in the Netherlands
evaluated more than 600 unique IT sourcing relationships based on
key performance indicators and by IT service tower, delivering one
of the most representative reports on the IT sourcing market in
the Netherlands. Survey
respondents evaluated 34 IT service providers across various
performance categories, with EPAM achieving significantly
above-average satisfaction ratings in the following categories:
- Service Delivery Quality: EPAM received an above-average
rating of 86%
- Application Services: EPAM received an above-average
rating of 85%
- General Satisfaction: EPAM received an above-average
rating of 83%
- Account Management Quality: EPAM received an
above-average rating of 83%
- Transformative Innovation: EPAM received an
above-average rating of 79%
- Digital Transformation: EPAM received an above-average
rating of 78%
"We are thrilled to be recognized as a top IT sourcing vendor in
the Netherlands for the second
year in a row by our Dutch clients in the 2024 Whitelane Research
IT Sourcing Study," said Sasha Astapenka, VP, Head of EPAM in
the Netherlands. "Our exceptional
rankings in general customer satisfaction, service delivery quality
and application services are a testament to the trust our clients
place in us, validating our commitment to service delivery
excellence and motivating us to continue providing innovative
technology and tangible business results for our clients."
Recognized by Whitelane Research and clients for superior
customer satisfaction, EPAM helps customers scale flexibly and
transform across multiple industries through its innovative
strategy, integrated advisory, consulting and design capabilities.
This new recognition by Whitelane Research underscores EPAM's
ongoing efforts to bring to market the latest digital
transformation services, product design and engineering
capabilities to meet the growing technology modernization
requirements for customers while prioritizing client satisfaction
and positive engagements.
"EPAM's notable performance in our 2024 Dutch IT Sourcing Study
solidifies its position as a top IT service provider in
the Netherlands," said
Alex van den Bergh, Head of
Research, Europe at Whitelane.
"Having earned outstanding ratings in customer satisfaction,
service delivery quality and application services, these latest
customer-driven rankings are a testament to EPAM's consistent
delivery on client expectations, confidently establishing the
Company's presence in the highly competitive Dutch IT sourcing
landscape."
Recent customer-led recognitions by Whitelane Research have
highlighted EPAM's performance as a highly competitive IT sourcing
vendor across various European markets.
- Earlier this year, EPAM received recognition from Whitelane
Research as a top IT sourcing vendor in Europe.
- In December 2023, EPAM was named
a top IT Sourcing vendor by Whitelane Research in Germany.
- In September 2023, EPAM gained
recognition from Whitelane Research as a top IT sourcing vendor in
Switzerland.
- In April 2023, EPAM received
similar recognition as a top IT sourcing vendor in the
Nordics.
- In March 2023, EPAM was
acknowledged by Whitelane Research as a top IT sourcing vendor in
the Netherlands.
To see the full survey results, visit:
whitelane.com/netherlands-2024/
ABOUT EPAM SYSTEMS
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software
engineering expertise to become a leading global provider of
digital engineering, cloud and AI-enabled transformation services,
as well as a leading business and experience consulting partner for
global enterprises and ambitious startups. We address our clients'
transformation challenges by fusing EPAM Continuum's integrated
strategy, experience and technology consulting with our 30+ years
of engineering execution to speed our clients' time to market and
drive greater value from their innovations and digital
investments.
We deliver globally, but engage locally with our expert teams of
consultants, architects, designers and engineers, making the future
real for our clients, our partners and our people around the
world.
We believe the right solutions are the ones that improve
people's lives and fuel competitive advantage for our clients
across diverse industries. Our thinking comes to life in the
experiences, products and platforms we design and bring to
market.
Added to the S&P 500 and the Forbes Global 2000 in 2021 and
recognized by Glassdoor as a Best Workplace in 2023 and 2024, our
multidisciplinary teams serve customers across six continents. We
are proud to be among the top 15 companies in Information
Technology Services in the Fortune 1000 and to be recognized as a
leader in the IDC MarketScapes for Worldwide Experience Build
Services, Worldwide Experience Design Services and Worldwide
Software Engineering Services as well as a leader in the 2023
Gartner® Magic Quadrant™ for Custom Software
Development Services, Worldwide.*
Learn more at www.epam.com and follow us on
LinkedIn.
*Gartner does not endorse any vendor, product or service
depicted in its research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
Forward-Looking Statements
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 customer demand and 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.
