EPAM Systems, Inc. Common Stock (EPAM)
Competitors to EPAM Systems, Inc. Common Stock (EPAM)
Accenture plc ACN -5.44%
Accenture competes closely with EPAM Systems by offering comprehensive consulting, technology, and outsourcing services. Both companies focus on digital transformation and cloud services, but Accenture has a broader global presence and a deeper array of industry-specific solutions. This extensive experience across various sectors allows Accenture to leverage established relationships and resources to capture larger projects, giving it a competitive advantage in terms of brand recognition and comprehensive service offerings.
Cognizant Technology Solutions CTSH -5.17%
Cognizant competes with EPAM Systems by offering similar IT services, including software development, digital consulting, and business process outsourcing. Both companies target large enterprises, but Cognizant has a well-established focus on the North American market and a larger workforce, which can lead to faster scaling of projects. Cognizant's strong brand presence in the U.S. and its ability to leverage a vast network of resources can provide it with a competitive edge over EPAM.
Infosys Ltd. INFY -4.44%
Infosys competes with EPAM Systems primarily in the areas of IT consulting and digital services. While EPAM is renowned for its expertise in software engineering and product development, Infosys focuses more heavily on large-scale IT solutions and transformation projects. Infosys's scale, brand reputation in the outsourcing sector, and significant investment in automation technologies present competitive challenges for EPAM, giving Infosys an operational advantage in certain large-scale engagements.
Tata Consultancy Services (TCS)
TCS is a major competitor to EPAM Systems, offering a wide range of IT services and solutions with a strong emphasis on innovation and technological advancements. TCS benefits from its extensive resources, large talent pool, and deep industry expertise, allowing it to create large, complex solutions that appeal to big enterprises. While EPAM excels in niche markets with specialized software solutions, TCS's scale and breadth of services give it a competitive advantage in the global market.
ThoughtWorks, Inc.
ThoughtWorks competes with EPAM Systems by focusing on agile software development and technology consulting services, particularly for enterprises seeking digital innovation and transformation. While both companies share a similar client base, ThoughtWorks emphasizes its unique culture and commitment to social impact, which can appeal to certain clients looking for strategic partners with strong values. However, EPAM's larger portfolio and broader service offering enable it to undertake more extensive projects, providing EPAM with a competitive edge in terms of versatility and scale.