EPAM: A Top IT Services Pick for Long-Term Growth
Wednesday, Jan 8, 2025 10:19 am ET
EPAM Systems, Inc. (NYSE: EPAM) has been making waves in the IT services and consulting industry, recently ranking among the top 5 in the 2025 Newsweek Excellence 1000 Index. This recognition highlights EPAM's commitment to financial responsibility, stakeholder satisfaction, and social responsibility. As an investor, you might be wondering what makes EPAM an attractive long-term investment. Let's dive into the key factors that set EPAM apart and make it a compelling choice for your portfolio.

EPAM's commitment to sustainability and social responsibility is evident in its numerous awards and recognitions, including the 2024 Inclusive Excellence Award, 2024 SEAL Sustainable Excellence Award, and being voted Top Most Loved Places for Volunteers®. These accolades demonstrate EPAM's dedication to environmental, social, and governance (ESG) practices, which can enhance its reputation and attractiveness to clients and employees alike.
Moreover, EPAM's investment in innovation and the future, as seen in its acquisitions of First Derivative, Neoris, Odysseus Data Services, and Vates, positions the company to capitalize on emerging trends and technologies. These strategic moves have increased EPAM's delivery capabilities, enhanced AI and data-driven solutions, and advanced cloud, engineering, testing, and digital services for global clients. This forward-thinking approach enables EPAM to adapt to changing market demands and capitalize on new opportunities.
EPAM's commitment to employee engagement and satisfaction is another key factor driving its long-term growth prospects. The company has been recognized as a "Most Loved Workplace" by Newsweek for the last four years, indicating a high level of employee engagement, satisfaction, and loyalty. A satisfied workforce can lead to improved productivity, innovation, and retention, ultimately driving long-term growth and success.

EPAM's alignment with the UN's principles on human rights, labor, environment, and anti-corruption (Global Compact Status) further contributes to its long-term growth prospects. This commitment to ethical and responsible business practices fosters trust with clients, partners, and stakeholders, contributing to EPAM's reputation and success.
In conclusion, EPAM's commitment to sustainability and social responsibility, investment in innovation, employee engagement, alignment with UN principles, and adaptability make it an attractive long-term investment. As an investor, you can be confident that EPAM's focus on financial responsibility, stakeholder satisfaction, and social responsibility will drive its continued success and growth in the IT services and consulting industry.