[25], In May 2021, EPAM Systems ranked 1,804 on the Forbes Global 2000 list. The industry is growing at 10% to 15% a year in the country, added Salil Dani, a practice director at Everest. The opportunities ahead of you are usually much larger than you initially anticipated, but the level of effort you have to put in to realize those is always much bigger than originally expected. America's 10 Richest Small Company CEOs | TheRichest they appreciate the relative religious freedom and personal safety, Already a member? With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. Registering also lets you comment on articles and helps us improve your experience. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. You always hear about the big American companies that dominate the global industry - but you hear far less about the small ones (if anything at all), even when it comes to the ones on the rise. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28682&cache=false" Arkadiy Dobkin - CEO & Co-founder @ EPAM Systems - Crunchbase In May 2021, EPAM acquired Just-BI,[22] a Netherlands-based consultancy specializing in SAP/S4HANA and enterprise data and analytics program management. EPAM joined the S&P 500 in December 2021. I couldnt write this letterI couldnt even think about this, says Chernikov. . Epam shares rose 16% higher on March 2, but are still down nearly 62% since the start of the year. The public spat between Epam and some of its employees comes as the company continues efforts to evacuate its staff from areas near the fighting to the relative safety of western Ukraine. Bucks County's EPAM ends services to Russian customers, pledges $100M This situation is war, not business, says Chernikov, who had been working remotely for Epam outside Ukraine. It takes just a few seconds. Explore our enterprise software products, open source solutions and accelerators on EPAM SolutionsHub. Those Eastern European ties continue run deep. [3], In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche. With a population of more than 45 million, Ukraine schools award about 16,700 college degrees in technical disciplines, including engineering and computer sciences, according to Dani.