Timeline
1993: EPAM is founded with its headquarters in New Jersey, USA and in Minsk, Belarus.
1995-1996: EPAM is selected to build Sales Force Automation and Warehouse Management solutions for the US operations of Bally of Switzerland. EPAM is chosen to help Colgate-Palmolive Co to develop a Global Sales Force Automation solution and deploy it across dozens countries across Europe and Latin America.
1997-1998: Trial engagement with SAP. The success of that engagement marked EPAM’s entry into the professional software product development area, known now as the Product Development Outsourcing space.
1991-2001: EPAM is exposed to the emerging eCommerce space and begins developing complex interactive personalized portals and remote mobile solutions for large global automotive, telecom, high-tech, and healthcare corporations across North America, Europe, and Japan.
2002-2003: First acknowledgements Aberdeen Group citing EPAM as a trendsetter in "A Buyer's Guide to the Russian Software development and Services Export Industry". EPAM is named one of America's entrepreneurial growth leaders by Inc. magazine. EPAM appears for the first time on the Technology Fast 500 list of Deloitte&Touche. EPAM becomes the first CMMI® Maturity Level 4 software development services provider in Europe.
2004: Acquisition of Budapest-based Fathom Technology. The expansion resulted in growing EU client base.
2005: EPAM is recognized as the No.1 software development outsourcer in Central and Eastern Europe. Named among the "Top 10 Specialty Application Development Leaders"
2006: EPAM acquires VDI. Open a client management and support center in Frankfurt, Germany.
2007: Multiple independent ratings confirming the leading position in Central and Easter Europe among software services vendors. Opening of 18 training labs in Russia, Belarus and Ukraine.
2008: EPAM is awarded SAS 70 Type II Global Certification by Deloitte. EPAM establishes a Capital Markets Competency Center by acquiring B2BITS Corp. Establishing a client management and consulting center in Sweden.
2009: included in the global "Top 10 Best Performers: IT Services" list IAOP recognizes EPAM's deep specialization by key verticals in multiple sub-lists of the "2009 Global Outsourcing 100" and ranks the company highest among CEE-based ITO firms. For the third time since 2006, EPAM Systems becomes the sole ITO provider with development centers in Central and Eastern Europe ranked among the "2009 Top 50 Best Managed Outsourcing Vendors" by Brown-Wilson Group. EPAM is named the #1 Software Product Development and Engineering company on The Black Book of Outsourcing vendor ranking.
2010: Everest Group names EPAM a "must-know" outsourcing vendor in Central & Eastern Europe in a report titled "Emerging Markets Suppliers: A Valuable Lever for Risks Diversification". acquiring Instant Information, a leading provider of cloud based information management and discovery services.
2011: Opening a new development center in Poland IAOP recognizes EPAM as a top ranked vendor among CEE's ITO providers in its "2011 Global Outsourcing 100" list for the 6th straight year.
2012: EPAM’s executives visit the New York Stock Exchange to celebrate successful completion of the company's initial public offering. Arkadiy Dobkin, cofounder, CEO and President of EPAM Systems, joined by the company’s management team, rings the NYSE Opening Bell to signify trades opening.EPAM Systems, Inc. commences initial public offering of common stock by applying to list its shares on the New York Stock Exchange under the symbol “EPAM.”
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