The Official Development Agency of the City of Vilnius

EPAM Opens a New European Software and Platform Engineering Hub in Vilnius

EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced the opening of a new office in Vilnius, Lithuania. In support of Lithuania’s growing technology hub, the company plans to hire approximately 600 highly qualified engineers in the next five years.

EPAM—recognized as one of Fortune’s 100 Fastest-Growing Companies in 2019—provides innovative and scalable software solutions, product development, business consulting and experience design services. The company’s industry expertise spans across a range of verticals including, but not limited to: Financial Services, Media, Entertainment & Telecom, Business Information Services, Retail & Distribution, Software & Hi-Tech, Travel & Hospitality, Life Sciences, Healthcare, Energy & Utilities, and Automotive & Manufacturing Insurance.

The new local engineering team will support several large-scale business and technology transformation programs for a number of EPAM’s leading Global 1000 clients utilizing latest technologies, such as Artificial Intelligence (AI), Machine Learning (ML), Cloud & DevOps, Software & Data Engineering, IoT and Automation.

“We are impressed with the Lithuania’s dynamic Information and Communication Technologies (ICT) sector. The country is home to a fast-growing IT and engineering community and with support from Invest Lithuania, we expect to settle in quickly and become an essential part of the country‘s global business services (GBS) community,” said Jason Peterson, Chief Financial Officer, SVP and Treasurer at EPAM Systems.

EPAM is planning to actively collaborate with leading local universities, rolling out a number of professional training and certification programs, to help grow and upskill local students and IT professionals.  EPAM’s programs are globally recognized for their excellence and offer students a unique opportunity to acquire in-depth knowledge of tools and skills from EPAM’s global community of experts.

“We’re delighted to welcome EPAM to Vilnius, Lithuania’s fast-growing hub of GBS and ICT. This is an important milestone for the community,” said Rimantas Sinkevičius, Lithuania’s Minister of Economy and Innovation.

According to Mantas Katinas, the Managing Director at Invest Lithuania, EPAM’s decision to choose Lithuania signals that the country has established itself as one of the critical locations for top GBS&ICT companies.

If you are interested in learning more about EPAM Lithuania opportunities, visit here.

About EPAM Systems

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency.

Through its ‘Engineering DNA’ and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM’s global teams serve customers in more than 30 countries across North America, Europe, Asia and Australia.

As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and was the only IT services company featured on Fortune’s 100 Fastest-Growing Companies list of 2019. Learn more at www.epam.com.

Source: Invest Lithuania

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