EPAM Systems
Category: AI Agents
EPAM Systems provides digital engineering, cloud and AI-enabled transformation services, offering production-ready AI agents and enterprise platforms for complex industry challenges EPAM Systems was founded in 1993. The company is led by Balazs Fejes. Based in Newtown, United States. Team size: 62,350. Total funding raised: $72M (IPO). Latest round: IPO (February 2012). Key investors include Siguler Guff, Renaissance Investment Management, Da Vinci Capital Management, Euroventures.
- Founded
- 1993
- Headquarters
- Newtown, United States
- Team size
- 62,350
- Total funding
- $72M (IPO)
Value proposition
Combines deep software engineering expertise with cutting-edge AI technologies to deliver production-ready solutions that accelerate digital innovation and enhance competitive edge
Products and solutions
AI/Run™ Platform - AI-native transformation suite, DIAL Enterprise Platform - Open-source GenAI platform, Seven Advanced AI Agents (Finance, Healthcare, Retail, KYC, Clinical Trial, etc.), TelescopeAI® - AI-based IT operations platform, InfoNgen® - Text analytics and sentiment analysis
Unique value
Engineering-first approach to AI deployment with production-ready agents on Google Cloud Marketplace, Agent-to-Agent (A2A) protocol support, and proprietary AI/Run™ platform for enterprise-wide transformation
Target customer
Global enterprises across finance, healthcare, retail, and technology sectors seeking digital transformation and AI integration
Industries served
Financial Services, Healthcare & Life Sciences, Retail & E-commerce, Media & Entertainment, Technology & Software, Banking
Technology advantage
30+ years of software engineering expertise combined with agentic-powered platforms, Gemini Enterprise integration, Agent Developer Kit (ADK) collaboration with Google, and AWS-certified innovation capabilities
How they differentiate
Engineering-first approach with deep technical expertise, strong Eastern European talent pool, and focus on complex software product development
Main competitors
Accenture, Cognizant Technology Solutions, Infosys
Key partnerships
Google Cloud - AI agents marketplace and A2A protocol, AWS - 2025 Global Innovation Partner of the Year, Microsoft Azure - AI platform partnerships, Oracle - AI-powered cloud solutions
Notable customers
Major enterprises in financial services, healthcare, retail, and technology sectors (specific client names not publicly disclosed)
Major milestones
2006 - Equity investment from Siguler Guff, 2008 - Private equity round, 2012 - IPO on NYSE (EPAM), 2025 - Launched seven AI agents on Google Cloud Marketplace, 2025 - New CEO Balazs Fejes took office
Growth metrics
62,350 employees globally as of Q3 2025, public company since 2012, TTM revenue of $5.30B as of Q3 2025
Market positioning
Mid-tier challenger to Big 4 consulting firms, positioned as a specialized digital engineering partner
Geographic focus
North America, Europe (particularly Eastern Europe), and emerging markets
Patents and IP
Limited publicly disclosed patents - company focuses more on proprietary platforms and solutions rather than patent protection
About Balazs Fejes
Balazs Fejes became CEO and President of EPAM Systems on September 1, 2025, succeeding Arkadiy Dobkin who transitioned to Executive Chairman. Fejes has been with EPAM for over 21 years since 2004, previously serving as President of Global Business & Chief Revenue Officer. He joined EPAM through the acquisition of his startup Fathom and has held various senior leadership roles including leading the banking and financial services business unit and co-heading global business operations.
Official website: https://www.epam.com