EPAM was named a Top 10 Travel, Hospitality & Logistics Service Provider in 2018 by HFS Research, In 2019 EPAM was awarded the BIG Innovation Awards for the development of the TelescopeAI. 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. Mr. Dobkin owns over 4,959 units of EPAM Systems Inc stock worth over $459,375,982 and over the last 11 years he sold EPAM stock worth over $282,570,144. Enter your search query or select one from the list of frequent EPAM was named as one of Fortunes 100 Fastest-Growing Companies in 2019. Arkadiy Dobkin - President and Chief Executive Officer Jason Peterson - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Jason Kupferberg - Bank of America Bryan. Under his leadership, EPAM has grown from a New Jersey-based start-up with Eastern European roots to become the foremost global digital transformation services provider - Arkadiy Dobkin. articles a month for anyone to read, even non-subscribers! src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28688&cache=false"
Dozens of current and former Epam employees sharply criticized a LinkedIn post from the companys chief executive officer, Arkadiy Dobkin, that vowed support for Ukraine but didnt mention or condemn Russias actions. EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. People in this region share many cultural similarities, he said. Arkadiy Dobkin - CEO and President Jason Peterson - CFO Conference Call Participants Bryan Bergin - Cowen Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Maggie Nolan - William Blair. This was a cosmopolitan, enjoying state benefits to fatten himself up and live in two countries, to make money here and spend it there, Ryhor Azaronaksaid about Zeltzer, who he said was a US citizen. Inc., a leading digital transformation services and product engineering company. Israels judicial overhaul: What is the coalition planning and where does it stand? But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. In addition, he makes $4,325,620 as Chairman of the Board, President oraz Chief Executive Officer at EPAM Systems Inc. [8], In 2006, EPAM acquired VDI, a software development services company with delivery centers in Russia, which expanded the companys presence in the CIS region. Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. "EPAM Reports Results for Full Year 2022", "Know The Success Story of EPAM Systems and its Journey", "EPAM Systems, Inc. ranked number 292 among fastest growing technology companies in North America on the 2002 Deloitte & Touche Technology Fast 500", "EPAM Systems, Inc. successfully listed on the New York Stock Exchange", "EPAM Systems, Inc. (EPAM) Stock Price, News, Quote & History - Yahoo Finance", "Epam merges to expand offshore services", "PhillyDeals: EPAM Systems buys Conshohocken's Empathy Lab", "EPAM Acquires Continuum, Expanding Global Innovation, Design and Physical Product Development Capabilities", "Global software firm buys digital agency TH_NK", "EPAM Launches InfoNgen 7.0 to Improve Actionable Insights", "EPAM Wins 2019 Big Innovation Award For TelescopeAI, An AI-Enabled Platform To Help Businesses Manage The ir IT Operations", "EPAM Joins Blockchain in Transport Alliance, Largest Association in the World | EPAM", "Why Open Source Software is Critical to the Future of Financial Services", "EPAM Adds Engineering Scale with Colombia Acquisition", "EPAM Systems Acquires CORE SE For Undisclosed Sum To Expand Western European Presence", "Israel Cybersecurity Co White-Hat Bought Out By EPAM For $50 Million", "EPAM Expands Salesforce Capabilities with Acquisition of PolSource", "Emerald to acquire Innospec Widnes to expand its footprint in global fragrance industry", "Ukraine Stance by U.S. Tech Firm Epam Sparks Internal Dissension", "Ukraine War Divides Employees At American Tech Company That Straddles The Front Lines", "EPAM ", "EPAM Systems Begins Process of Exiting Operations in Russia", " EPAM ", "EPAM Systems Starts Exiting Russian Operations After Ukraine Invasion", "EPAM Systems Acquires B2BITS Corp., a Leading Provider of Solutions and Consulting Services to the Capital Markets", "EPAM Strengthens Its Business Information Services Offerings by Acquiring Instant Information, a Leading Provider of Cloud Based Information Management and Discovery Services", "EPAM Acquires Healthcare Technology Consulting Firm, Netsoft USA", "EPAM Acquires Jointech, Expands China-Based Delivery Capabilities", "EPAM Acquires Great Fridays, Product and Service Design Company", "EPAM Expands Digital Engagement Practice With Acquisition of NavigationArts", "EPAM Enhances Global Delivery Capabilities and Extends Footprint in China with Acquisition of Dextrys", "EPAM Expands Education and Learning Offerings With Acquisition of Competentum", "EPAM Acquires NAYA Technologies, An Israeli and US-Based Consultancy Specializing in Complex Cloud Migration and Data Management Services", "EPAM Acquires Ricston Ltd., Expanding Global API Practice and Salesforce Capabilities", "EPAM Enhances Salesforce Capabilities With PolSource Buyout", "American tech giant EPAM acquires Israeli security startup White-Hat", "EPAM Systems (EPAM) Acquires Emakina, Boosts Digital Portfolio", "EPAM Acquires Optiva, Boosts Digital Transformation Portfolio", "EPAM Named to Forbes List and Wins Oracle Award", "EPAM Ranked #8 on Forbes' List of 25 Fastest Growing Public Tech Companies", "EPAM Again Joins Forbes' List of 25 Fastest Growing Public Tech Companies", "HFS Top 10 Travel, Hospitality, and Logistics Service Providers", " EPAM TelescopeAI BIG Innovation Award 2019", "KMWorld 100 Companies That Matter in Knowledge Management 2019", https://en.wikipedia.org/w/index.php?title=EPAM_Systems&oldid=1142236235, Companies listed on the New York Stock Exchange, Companies based in Bucks County, Pennsylvania, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Consulting services and technology solutions, Digital Strategy & Omnichannel Experience Design, Telecommunications, Agile, Business Intelligence & Mobile, Investment Banking, Wealth & Asset Management, Product Development Services & Test Automation, Software engineering and application services, Digital Strategy, Experience Design & Innovation Studios, Digital Consulting, Strategy & Experience Design, Educational Content Services & Learning Platform, Software and services provider for quantitative research, algorithmic and automated systematic trading, Software integration and connectivity solutions provider, SAP/S4HANA/Enterprise data and analytics program management, Consulting, strategy and transformation services, Product development and digital services (media/entertainment). [5][6], In 2004, EPAM acquired Fathom Technology, a software development services company based in Budapest, Hungary, expanding its offshore services beyond North America. Cirrus Logicis afabless semiconductor supplierspecializing in analog, mixed-signal, and audioDSPintegrated circuits. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. EPAM was named to Forbes 25 Fastest Growing Public Tech Companies list in 2013. A graduate and then professor at Concordia University, Brian Mueller then hopped institutions to became CEO of Grand Canyon Education in July of 2008. Arkadiy Dobkin is a President, Chief Executive Officer & Chairman of the Board at EPAM Systems based in Newtown, Pennsylvania. Beloved wife of the late Mikhail Dobkin. Could the government cancel elections? Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. Dobkin was lambasted on LinkedIn, Facebook and Twitter. The IT services firm's business model is similar to that of Indian services firms, though there are some key differences. Our partnership with UNICEF has been an . So now we have a request. Questcor Pharmaceuticalsis a biopharmaceutical company that focuses on developing treatment for patients with serious autoimmune and inflammatory disorders that are difficult to treat. . Use up and down arrows to review and enter to select. Hundreds of opponents of the authoritarian regime led by Belarusian President Alexander Lukashenko have been arrestedin recent days after security forces killeda Jewish dissident last week. In April 2021, EPAM acquired PolSource,[24] a Salesforce Consulting Partner with more than 350 Salesforce specialists across the Americas and Europe. Cirrus Logicaudio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. Unlike other news outlets, we havent put up a paywall. Will His AI Plans Be Any Different? src="" alt="" class="gallery-slider__content__img" height="". Once registered, youll receive our Daily Edition email for free. consultant. Dobkin says he has now spoken with Chernikov, who has assembled an 800-strong group of Epam colleagues on Telegram. In 2021 . Arkadiy Dobkin Age : 61 Public asset : 559,733,523 USD Country of residence : Unknown Linked companies : EPAM Systems, Inc. Prior to founding EPAM in 1993, Mr. Dobkin held technical and product leadership positions at SAP, Prudential Insurance and Colgate-Palmolive and was inducted into the Ernst & Young World Entrepreneur of the Year Academy and to the elite Entrepreneur of the Year Hall of Fame. Many of Belaruss Jews, especially among the younger generations, are displeased by the lack of democratic representation and an independent judiciary in the country. There are 5 older and 18 younger executives at EPAM Systems Inc. This decline has resulted from a slowdown in arm sales, follows a peak in arm stakes in 2012 when enthusiasts began stockpiling weapons after a series of disastrous civilian gun-related incidents took place and they feared broad federal curbs on arms sales. Epam has contingency plans to keep the work moving should problems escalate in Ukraine, but so far the uprising there hasn't impacted operations there. CEO Arkadiy Dobkin credited the solution provider's emerging digital technology practice with propelling EPAM to its 17th quarter of growth out of the last 18. If so, please join The Times of Israel Community. The business has since expanded its scope to include engineering work for a number of vertical industries, including financial services and media. Its five-year sales growth is of 14% - and has the potential for further development in years to come. [17] That year, the company launched EPAM Continuum, its service for business, experience and technology consulting. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. New Investor: Siguler Guff & Company. Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. In 1993, Arkadiy Dobkin and Leo Lozner founded EPAM, a global software engineering services company, in New Jersey, USA and Minsk, Belarus. In 2019, EPAM joined the Blockchain in Transport Alliance (BiTA). And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. "We've seen tremendous disruption brought forth by the COVID-19 crisis," said Arkadiy Dobkin, CEO & President, EPAM Systems, Inc. "Our focus has been directed first and foremost on ensuring the safety and security of our people around the world, as well as the communities in which we all live and work. Arkadiy Dobkin - CEO & Principal Founder - EPAM Systems | LinkedIn Arkadiy Dobkin CEO and Co- Founder, EPAM Systems Newtown Grant, Pennsylvania, United States 8K followers 500+ connections Join. The Ukrainian software engineer's message from February 25 struck a chord with some of his colleagues, who criticized his suspension, and Epam CEO Arkadiy Dobkin, who called for fighting to end . EPAM joined the S&P 500 in December 2021. 6 Arkadiy Dobkin - EPAM Systems. Instead of competing with Indian firms for application support and maintenance work, Dobkin's company initially focused on software engineering and product development for technology firms. Additionally, in 2022, EPAM was named a Barrons 100 Most Sustainable Company. Biography of Arkadiy Dobkin Arkadiy Dobkin founded EPAM Systems, Inc. Don Bailey has been the Chief Executive Officer and President of Questcor Pharmaceutical since November 2007. [27], During the 2022 Russian invasion of Ukraine, tensions between the firm's 14,000 Ukrainian employees and the 18,000 Belarusian and Russian staff sparked dissension when the CEO Arkadiy Dobkin refrained from publicly condemning Russia in a statement on LinkedIn and rejected calls to assist the Ukrainian military. . Mr. Dobkin is known as a pioneer in the software product engineering and IT services industry and has been an instrumental force in opening the vast software talent pool of the Central and Eastern European regions to the international business community. It takes just a few seconds. Which industry is producing the greatest number of modern day success stories? 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This net worth estimate does not reflect any other assets that Mr. Dobkin may own. Hes facing an impossible position because of the laws in Belarus and Russia . During May-August they were intervieved individually , and finally members of the jury selected 11 finalists. Singh said knows a lot of people in the Ukraine who have earned advanced degrees in engineering, and "who are doing work outside the industry because there isn't enough opportunity.". The estimated net worth of Arkadiy Dobkin is at least $416.78 million as of May 24th, 2021. Reports have suggested that war in Ukraine had fueled tensions between Ukrainian, Belarusian and Russian staff within the company but several Epam workers who spoke with Forbes say that they had received risky publicand privatemessages of support from colleagues across the front lines. 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. External observers and opposition activists have said the elections were a sham and thousands, includinga number of Jewish activists,have been arrested. Will Bibis legacy be a new constitution for Israel or civil war? During his monologue, Azaronak deployed the stereotypical accent of Yiddish-speaking Soviet Jews. Founded in 2003, InvenSense came at just the right time of technological explosion: itsMotion Tracking sensor system on a chip is fast becoming essential toelectronic devices, providing an intuitive way for consumers to interact with their electronic devices by tracking their motions in free space and delivering them as input commands. [25], In May 2021, EPAM Systems ranked 1,804 on the Forbes Global 2000 list. Paul Schmidt, a partner at ISG, a sourcing consultancy, said Eastern Europe has "has for some time been one 'alternative' to India, or, more precisely, a location that's selected in addition to India to 'de-risk' the offshore portfolio.". The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. The company produces industrial minerals such as sand proppants, calcined kaolin clay, aplite clay, whole grain silica, ground silica and fine ground silica. Patrick Thibodeau covers SaaS and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. EPAM (NYSE: EPAM) on Friday announced its "full support of Ukraine," pledging an incremental $100 million humanitarian commitment to support employees and their families in Ukraine. The oldest executive at EPAM Systems Inc is RonaldVargo, 66, who is the Non-Executive Lead Independent Director. In July 2021, EPAM acquired CORE SE,[21] a professional service provider specializing in IT strategy and technology-driven transformations, to further expand its Western European footprint in the DACH region. Multiple people have died in clashes with security forces in Belarus following a wave of street protests connected to the 2020 presidential election in which Lukashenko, who has ruled Belarus since 1994, claimed victory. With 43,900 students enrolled in 2011, the company is ever growing. This page was last edited on 1 March 2023, at 07:19. Everest, an outsourcing research and consulting organization, puts the number of people employed full-time in Ukraine's IT industry at more than 25,000. The ever-evolving industry of technology consists of cutting-edge products and services, rising demands of customers, competition by rivals and a talent pool. Arkadiy Dobkin is named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine. The situation in Ukraine has not yet impacted IT services delivery, although "it will increase the perception of risk," said H. Karthik, a vice president at the Everest Group. Musk Made a Mess at Twitter. Arkadiy Dobkin is the CEO & Co-founder at EPAM Systems. Headcount: 2,422 (2006), 3,316 (2007) New Customer: The Coca-Cola Company. Tensions over the war in Ukraine within American software engineering company EPAM Systems, which has a large workforce split over the front line, have spilled into the public. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false"
From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. Below, we've taken a look at the brains and the wealth behind these small powerhouses and burgeoning success stories. What is Arkadiy Dobkin's net worth? The company has also paid staff a $1,000 emergency grant, supplied volunteers to relief efforts and worked with SpaceX to transport and install Starlink satellite systems donated by Elon Musk in Ukraine. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. He has been instrumental in connecting the talent of . George Soros's Family Office Bets Against Crypto Bank Silvergate. There is way more unity between Epam Ukraine, Belarus, Russia than tensions, says the Epam staffer. 10 years later and I am still very happy to be part of EPAM Systems's amazing journey! [7] In 2006, EPAM secured an equity investment from Siguler Guff to fund its competitive growth plans. When you can do something, you should do something., This is a BETA experience. entrepreneur Dobkin was one of them. His email address is pthibodeau@computerworld.com. The war has also left the company with about 32,000 employees divided by the new front line between Ukraine, Russia and Belarus. In 1993, a few years after immigrating to the U.S., Arkadiy Dobkin, an electrical engineer trained in Minsk, Belarus, started a company that aimed to tap the IT engineering talent developed in the former Soviet Union. (Vladimir Martsul/BelTA Pool Photo via AP). Arkadiy received a Master's Degree degree from National Technical University. To commemorate the milestone, Arkadiy Dobkin, EPAM's Chairman of the Board, CEO & President, joined by members of EPAM's management team, board of directors, and invited guests will preside over . Defining how a no-holds-barred Russia-Ukraine cyberwar would play out, 5 reasons why your IT job search is getting harder, Sponsored item title goes here as designed. In 1987 he created a cooperative on software development.In 1993 he founded the outsourcing company EPAM Systems with headquarters in New Jersey.In 2006, Consulting Magazine named him as one of the Top 25 Most Influential Consultants.In 2013 Forbs recognized EPAM on its Fast Tech 25 list as sixth fastest growing technology company in North America. In December 2021, EPAM joined the S&P 500 American market index. The most active insiders traders include Donald Spencer, Partners Ii Lp Russia Partn, and Andrew Guff. Holt has been prioritising customer feedback and is determined to engage with customers on a new level. Explore our enterprise software products, open source solutions and accelerators on EPAM SolutionsHub.