EPAM Systems
NYSE-listed engineering services firm with IoT inside a very wide portfolio
What is EPAM Systems?
EPAM was founded in 1993 and is headquartered in Newtown, Pennsylvania, with more than 50,000 staff. It is listed on the New York Stock Exchange and works mostly for large enterprises. Connected-product and industrial IoT work happens inside its broader engineering, data and cloud practices. Its scale and compliance are real advantages, but IoT apps are a narrow slice of what it does.
EPAM Systems works primarily with clients in Industrial manufacturing, Healthcare, Retail, Financial services, Energy sectors. Its primary differentiator is: Publicly listed enterprise vendor that ties IoT data into large data and cloud estates.
EPAM Systems tech stack and services
| Service area |
|---|
| IoT Consulting |
| Mobile Companion Apps |
| Web Dashboards |
| IoT Cloud Back End |
| Industrial IoT |
EPAM Systems pricing
Short answer: EPAM Systems uses a time and materials, dedicated team, managed services pricing approach. Minimum engagement is not publicly disclosed; a discovery call is required.
| Engagement model | Typical range | Best for |
|---|---|---|
| Dedicated team | Variable; depends on team size | Large programmes or team augmentation |
| Time and materials | Variable; depends on team size | Large programmes or team augmentation |
| Managed services | Variable; depends on team size | Large programmes or team augmentation |
EPAM Systems pros and cons
| Advantages | Things to consider |
|---|---|
| +Public-company governance and financial reporting | -IoT app development is a small part of a broad enterprise portfolio |
| +Strong data engineering for analysing large telemetry volumes | -Little hardware or firmware work |
| +Global delivery footprint | -Pricing and process are built for large enterprises and rarely fit startup budgets |
EPAM Systems vs alternatives
How EPAM Systems compares to the other top IoT App Development companies.
| Company | Best for | Key difference | Rating | Compare |
|---|---|---|---|---|
| Lemberg Solutions | Connected products needing device, cloud and app from... | Electrical engineering, firmware, cloud and mobile apps delivered by one team with its own hardware lab | 4.8 | Full comparison |
| Softeq | US companies building custom hardware with native apps. | A US-headquartered vendor that designs the circuit board and the app that controls it | 4.6 | Full comparison |
| Indeema Software | Startups and mid-market firms wanting an IoT-only vendor. | IoT and embedded work make up the whole business, with no unrelated agency services alongside | 4.5 | Full comparison |
| Cardinal Peak | US buyers of audio, video and connected consumer... | Two decades of US-based product engineering with media and signal-processing depth | 4.5 | Full comparison |
| KaaIoT Technologies | Fast IoT launches on a ready-made platform. | Owns its IoT platform, so device management and dashboards start from working modules instead of a blank repo | 4.4 | Full comparison |
| Sirin Software | Device startups needing Linux firmware plus a companion... | Embedded Linux and SDK work for semiconductor companies, carried through to the consumer app | 4.3 | Full comparison |
| Yalantis | Consumer IoT products where app UX decides adoption. | Long mobile-app history combined with a newly expanded hardware and embedded practice | 4.3 | Full comparison |
| eInfochips | Large OEM programmes needing scale and component supply. | Arrow ownership links engineering services to component sourcing and supply chain | 4.3 | Full comparison |
| Intellias | Connected-vehicle, fleet and mobility apps. | Two decades of automotive and navigation software for large car-industry clients | 4.3 | Full comparison |
| Zühlke | Regulated medtech and industrial device programmes in Europe. | More than 50 years of product engineering with a strong regulated-industry record | 4.2 | Full comparison |
| Witekio | Device-side Linux, Android and OTA for IoT products. | Embedded Linux and device Android specialists backed by Avnet's distribution business | 4.2 | Full comparison |
| SumatoSoft | App and dashboard builds on off-the-shelf sensors. | Focused on the app and cloud side of IoT, with a US contracting entity | 4.2 | Full comparison |
| DAC.digital | EU industrial IoT with edge computer vision. | Embedded and computer vision skills paired with back-end platform work in Poland | 4.2 | Full comparison |
| Cogniteq | BLE companion apps for existing hardware. | Mobile-first IoT vendor with EU headquarters and moderate rates | 4.1 | Full comparison |
| Spyrosoft | Automotive HMI and industrial IoT with Polish delivery. | Large Polish embedded and automotive bench assembled quickly through organic growth and acquisitions | 4.1 | Full comparison |
| MobiDev | App-heavy IoT products with AI or AR features. | Mobile and web development history plus applied AI and AR work for connected products | 4.1 | Full comparison |
| Eastern Peak | Startup IoT MVPs on a limited budget. | UK contracting with Ukrainian delivery rates for startup-sized IoT app builds | 4.0 | Full comparison |
| Krasamo | North American OEMs wanting nearshore IoT app teams. | US consultancy with Mexico and Panama delivery working in American time zones | 4.0 | Full comparison |
| Sigma Software | Nordic buyers wanting a large Swedish-owned partner. | Swedish group ownership with large Eastern European engineering capacity | 4.0 | Full comparison |
| ArcTouch | Consumer brands wanting design-led companion apps. | Design-first mobile studio for consumer connected products | 4.0 | Full comparison |
| Apriorit | Security-sensitive IoT devices and their apps. | Kernel, driver and cybersecurity depth applied to connected devices | 4.0 | Full comparison |
| Infinum | Appliance makers consolidating several device apps. | Product design agency with a shipped multi-appliance IoT app for a global brand | 4.0 | Full comparison |
| GlobalLogic | Enterprises with large, long-running connected programmes. | Hitachi backing and very large engineering capacity for enterprise device programmes | 4.0 | Full comparison |
| N-iX | Long-term dedicated IoT teams in Eastern Europe. | Large dedicated-team model with embedded, data and cloud engineers | 3.9 | Full comparison |
| SoftServe | Enterprise cloud-centric IoT and digital twins. | Large cloud consulting practice extending into IoT, robotics and digital twins | 3.9 | Full comparison |
| ELEKS | Turning device data into business apps. | Data science and enterprise app skills applied to IoT data | 3.8 | Full comparison |
| ScienceSoft | Companies wanting IoT from an established IT generalist. | Three decades of IT consulting with an IoT line inside a wide service catalogue | 3.8 | Full comparison |
| Itransition | Enterprise IoT platform integration from a generalist. | Enterprise integration experience applied to IoT platforms | 3.8 | Full comparison |
| Intellectsoft | Enterprise app modernisation with some IoT. | General digital agency that adds IoT integration to broader app projects | 3.7 | Full comparison |
EPAM Systems FAQ
What is EPAM Systems?
NYSE-listed engineering services firm with IoT inside a very wide portfolio
How much does EPAM Systems charge?
EPAM Systems uses time and materials, dedicated team, managed services pricing. Minimum engagement is not publicly disclosed. A discovery call is required to get project-specific quotes.
What tech stack does EPAM Systems use?
EPAM Systems works with AWS, Azure, Google Cloud, Databricks, Kubernetes, Java, React. Primary industries served include Industrial manufacturing, Healthcare, Retail, Financial services, Energy.
Is EPAM Systems right for enterprise?
Fortune 500 firms adding IoT to enterprise systems. 50,000+ team size. Key consideration: IoT app development is a small part of a broad enterprise portfolio.
What are the best EPAM Systems alternatives?
The best alternatives to EPAM Systems depend on your use case. Top options are:
- Lemberg Solutions: electrical engineering, firmware, cloud and mobile apps delivered by one team with its own hardware lab
- Softeq: a us-headquartered vendor that designs the circuit board and the app that controls it
- Indeema Software: iot and embedded work make up the whole business, with no unrelated agency services alongside
Compare EPAM Systems with other IoT App Development companies
Verify all details directly with EPAM Systems before making a decision.