EPAM
recognized as No.1 company to watch in Central and Eastern Europe in first annual
"Offshore 100" round-up of top global offshore ITO and BPO service providers
By being also named number three of "Top 10 Specialty Application Development
Leaders", EPAM becomes one of the elite members of the "Offshore 100"
listing.
03 October 2005
Princeton, NJ – January 18, 2005 – EPAM (www.epam.com),
the leading provider of outsourced software engineering with development centers
in Eastern Europe, announced today that it has been named to the Annual Offshore
100 ranking of top global suppliers by CMP’s Managing Offshore and offshore
outsourcing advisory expert neoIT.
“neoIT and Managing Offshore created the Offshore 100 to identify the global
universe of ITO and BPO suppliers,” noted Managing Offshore’s Editor
Rusty Weston. Over 250 data points were analyzed from a wide range of service providers
that included large multi-national firms, emerging BPO providers and small domestic
IT services firms. The data points were clustered in four categories that included
general company information, client data, operational capabilities and human resource
policies. Respondents to the survey included firms from 13 countries around the
world representing many of the most popular offshoring destinations.
“EPAM Systems has focused on becoming the leading provider of quality software
engineering services utilizing its Eastern European development centers since its
inception in 1993. We are glad to see a confirmation of our strong position in the
region by being recognized as number one of “Top 5 To Watch in Central &
Eastern Europe”. We are also especially proud to be named to the third place
of “Top 10 Specialty Application Development Leaders” where EPAM was
compared with an array of great companies from all around the world”, said
Arkadiy Dobkin, EPAM CEO. “I am sure this listing, resulting from a detailed
research conducted by independent experts, will benefit both the global suppliers
who get additional visibility and the customers who often name the right vendor
selection among the major challenges of outsourcing projects and who now will be
able to make more reasonable choices and accurate decisions.”
A complete list appears in the January 2005 issue of Managing Offshore and online
at www.theoffshore100.com.
About CMP’s Managing Offshore
CMP Media’s Managing Offshore (www.ManagingOffshore.com)
is a monthly newsletter for global-sourcing managers. Subscriptions to Managing
Offshore include 12 monthly issues plus unlimited access to a library of previous
issues, articles in HTML format, and bonus downloads such as exclusive research
reports. Managing Offshore also produces the exclusive Managing Offshore Index,
an interactive stock listing of 20 of the most influential providers of offshore
services.
About neoIT
neoIT is the leading offshore advisory and management firm. neoIT focuses exclusively
on assisting companies in maximizing their returns from the offshore sourcing of
both information technology and business processes on either a project or enterprise
wide basis. neoIT solutions deliver results in the form of cost savings, improved
governance, reductions in sourcing process time and decreased risks with offshore
supplier partnerships or own operations. neoIT’s clients for offshore advisory
and management include leading Global 5000 firms in financial services, insurance,
healthcare, telecommunications, utilities, oil and gas, consumer goods, logistics,
retail, entertainment, manufacturing and other industry sectors. For more information,
visit www.neoit.com.
About EPAM Systems
EPAM Systems is a leading provider of software development outsourcing services,
e-business, enterprise relationship management, and knowledge and content management
solutions. Established in 1993 in Princeton, New Jersey, EPAM Systems has technology
development centers in Moscow, Russia, Minsk, Belarus, and Budapest, Hungary. EPAM
solves complex business and technology problems using a delivery model that combines
onsite presence (in US and EU) with Eastern European offshore and nearshore services.
EPAM’s customer base includes Reuters, Samsung America, Colgate-Palmolive,
Empire and CareFirst BlueCross BlueShield, London Stock Exchange, Halliburton, and
British Telecom among others. In the technology world, EPAM provides services to
firms such as SAP, Hyperion, BEA Systems, Microsoft and others.
www.epam.com
For further information, please contact: press@epam.com
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