With emerging nearshore service providers gathering momentum, the Indian tech firms find it tougher to compete for outsourcing contracts, notes The Economic Times. Thanks to their well-defined niche and market expertise, the emerging ITO suppliers are becoming increasingly attractive to top outsourcing customers such as GE, Citibank and others. As the leading software engineering service provider with roots in Central and Eastern Europe, HTP resident EPAM Systems is highlighted as a strong rival to India-based IT companies.

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About EPAM Systems | more

Established in 1993, HTP resident EPAM Systems is the leading global software engineering and IT consulting provider with delivery centers throughout Central and Eastern Europe (CEE). Headquartered in the United States, EPAM provides services to clients worldwide utilizing a global delivery model through its client facing operations in North America, UK, Germany, Sweden, and Switzerland, together with 4,000+ professionals deployed across delivery centers in Russia, Belarus, Hungary, Kazakhstan, and Ukraine.

EPAM's core competencies include complex software product engineering for leading global software and technology vendors, as well as development, testing, maintenance, and support of mission critical business applications and vertically oriented IT consulting services for global Fortune 2000 corporations.

EPAM is recognized among the top companies in IAOP's "The 2009 Global Outsourcing 100" and in "The 2009 Global Services 100" by Global Services Magazine and neoIT. The company is the only CEE's IT services vendor included in the global "Top 10 Best Performers: IT Services" and also ranked the 2nd among the world's "Top 10 Best Performers: Outsourced Product Development" according to the magazine's 2009 rating.

05.01.2010