# EPAM Systems

EPAM Systems is an Asset Manager based in Newtown, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Newtown, United States
- **Region:** North America
- **Address:** Newtown, PA, United States
- **Founded:** 1993
- **Assets under management:** Undisclosed
- **Website:** epam.com
- **LinkedIn:** https://www.linkedin.com/company/epamglobal

## Regulatory record

- **Reports private funds:** No

## About

EPAM Systems is a software engineering and digital transformation services provider based in Newtown Township, United States, founded in 1993. The company has secured $75 million in total funding.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- FinTech
- Automotive & Mobility

## Offices

- New York, NY
- Santa Monica, CA
- Philadelphia, PA
- Atherton, CA

## People

- Arkadiy Dobkin — CEO and President
- Jason Peterson — Chief Financial Officer
- Eugene Roman — Chief Technology Officer

## Questions

### Who controls investment decisions at EPAM?

As a public company, capital-allocation decisions — including acquisitions, minority investments, and share-buyback programs — are executed by executive leadership under board oversight. Arkadiy Dobkin, as CEO and Chairman, remains the central decision-maker. EPAM's strategic investments are disclosed in public filings; they have included minority stakes in ecosystem partners and bolt-on acquisitions to expand delivery capabilities rather than a formal corporate venture-capital program.

### Where does EPAM's delivery workforce sit, and how does that affect operational risk?

The firm's engineering workforce is heavily concentrated in Eastern Europe, particularly Ukraine, Belarus, Poland, and Hungary, with additional centers in India, China, and Latin America. The 2022 Russian invasion of Ukraine forced EPAM to rapidly relocate thousands of engineers and close its Russian operations, which contributed to the revenue decline reported in fiscal 2023 (per the firm's 2023 annual report). The company has since accelerated geographic diversification into India and Central Asia.

### How does EPAM source its client engagements — is the model transactional or relationship-driven?

EPAM's go-to-market strategy combines long-term embedded engineering relationships with large enterprises and strategic alliances with platform vendors like Salesforce, Microsoft, and Google Cloud. Client engagements often begin with a digital transformation or platform-migration mandate and extend into multiyear managed-services agreements. The firm's stated top 20 clients have historically accounted for a material share of revenue, reflecting concentrated relationship-driven sourcing rather than transactional deal flow.

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Last updated: 2026-06-03T20:00:00.000Z

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