EPAM Systems vs Cisco
Side-by-side comparison of AI visibility scores, market position, and capabilities
Newtown PA software engineering outsourcing (NYSE: EPAM) ~$4.74B FY2024 revenue; Eastern European tech talent, Ukraine war delivery redeployment, AI coding tools, competing with Globant and Thoughtworks.
About
EPAM Systems, Inc. is a Newtown, Pennsylvania-based software engineering and IT services company — publicly traded on the New York Stock Exchange (NYSE: EPAM) as an S&P 500 Information Technology component — providing software product development, digital platform engineering, cloud migration, AI/ML implementation, and enterprise application services to global corporations through engineering delivery centers primarily in Poland, Hungary, India, and other Eastern European and global locations, following the forced redeployment of approximately 14,000 Ukrainian employees following Russia's February 2022 full-scale invasion of Ukraine. Prior to the war, EPAM had its largest delivery concentration in Ukraine (Kharkiv, Kyiv, Lviv — major technology talent hubs) — losing significant Ukrainian delivery capacity required rapid relocation of engineers to Poland, Czech Republic, Hungary, and other countries, demonstrating EPAM's operational resilience but creating near-term delivery disruption and cost increases. In fiscal year 2024, EPAM reported revenues of approximately $4.74 billion (-1% year-over-year) as the company navigated both the ongoing Ukraine conflict's operational complexities and the broader IT services spending slowdown affecting the sector as enterprise clients deferred discretionary technology projects. CEO Arkadiy Dobkin (co-founder, leading EPAM since 1993) has maintained EPAM's premium positioning as a "top-of-the-stack" engineering services provider — specializing in custom software product development for product companies (ISVs), digital transformation for financial services and healthcare clients, and cloud-native application engineering — rather than competing in commodity staff augmentation markets where Indian IT services firms (Infosys, Wipro) dominate on price.
San Jose enterprise networking and security (NASDAQ: CSCO) at ~$57B annual revenue; $28B Splunk acquisition completed March 2024 integrating SIEM/SOAR with Cisco Security Cloud competing with Palo Alto Networks for enterprise cybersecurity.
About
Cisco Systems Inc. is a San Jose, California-based global technology conglomerate — publicly traded on NASDAQ (NASDAQ: CSCO) as a Dow Jones Industrial Average and S&P 500 component — generating approximately $57 billion in annual revenue and employing 86,000+ employees across 150+ countries, operating as the world's leading enterprise networking equipment manufacturer and an expanding cybersecurity and observability platform following the $28 billion acquisition of Splunk (completed March 2024, Cisco's largest-ever acquisition). Cisco's product portfolio spans networking (Catalyst switches, ASR routers, Meraki cloud-managed networking), security (Duo MFA, Cisco Firepower, Umbrella DNS security, SecureX XDR), collaboration (Webex conferencing, Webex Calling), data center (Nexus switches, UCS servers, HyperFlex HCI), and observability (Splunk SIEM/SOAR, AppDynamics APM, ThousandEyes network intelligence). CEO Chuck Robbins has led the company since 2015. Founded 1984 by Stanford computer scientists Leonard Bosack and Sandy Lerner.
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