Its five-year sales growth is of 14% - and has the potential for further development in years to come. By registering you agree to the terms and conditions. Several weeks ago, I was privileged to visit Kyiv and see the . 10 years later and I am still very happy to be part of EPAM Systems's amazing journey! On this Wikipedia the language links are at the top of the page across from the article title. Company sales stand at$238 million with a five-yearsales growth of 20%, and a five-year EPS growth of 19%. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28684&cache=false" With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company. The company paid Ukrainian staff a $1,000 emergency grant and supported Ukrainian relief efforts, including the installation of the Starlink satellite systems in Ukraine. Culture, art and travel are crucial to her lifestyle and central to her writing. Also that year, EPAM launched InfoNgen, a text analytics and sentiment analysis enterprise software product that uses artificial intelligence. Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. Arkadiy Dobkin Age : 61 Public asset : 559,733,523 USD Country of residence : Unknown Linked companies : EPAM Systems, Inc. The war has also left the company with about 32,000 employees divided by the new front line between Ukraine, Russia and Belarus. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. On average, Arkadiy trades about 25,790 units every 24 days since 2012. If I were there, I couldnt do anything. people could easily go to jail just based on whatever hes posting publicly.. Arkadiy Dobkin - CEO and President Jason Peterson - CFO Conference Call Participants Bryan Bergin - Cowen Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Maggie Nolan - William Blair. Member of the Board of Directors of the "RUSSOFT"Association . Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. Joined the EPAM Family: VDI (2006), Spline Software (2007) Holt has set a goal of reaching$1 billion in revenue. He has been instrumental in connecting the talent of . Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. In May 2021, EPAM ranked 1,804 on the Forbes Global 2000 list. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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. Musk Made a Mess at Twitter. 2023 The Times of Israel , All Rights Reserved, Andrei Zeltzer stands with a hunting rifle behind the door of his home in Minsk, Belarus on Sept. 29, 2021. The business has since expanded its scope to include engineering work for a number of vertical industries, including financial services and media. Rahul Singh, a principal at outsourcing consulting firm Pace Harmon, who attended college in Ukraine and earned a degree there in computer science, says the Ukraine has a huge potential as a technical center. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. Thanks Arkadiy Dobkin, Larry Solomon Mariia Teslyak. Sales amount to $225 million. The public spat between Epam and some of its employees comes as the company continues efforts to evacuate its staff from areas near the fighting to the relative safety of western Ukraine. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false" entrepreneur 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. Sales currently stand at a rewarding $804 million. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. With sales at $558 million, and a five-year EPS growth of 104%, it seems that Grand Canyon Education is in for the long run. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. Use up and down arrows to review and enter to select. Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. Dobkin was lambasted on LinkedIn, Facebook and Twitter. Zeltzer worked for the US-based information technology firm Epam, whose founder and CEO, Arkadiy Dobkin, is a Jew from Belarus who now lives in the United States. He discusses the current. In December 2021, EPAM joined the S&P 500 American market index. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. During his monologue, Azaronak deployed the stereotypical accent of Yiddish-speaking Soviet Jews. Crypto. With sales at $866 million, over 1.000 patents, 600-plus products, and serving more than 2.500 customers globally,Cirrus Logic Inc. has truly taken off. Zeltzers employment by a US company has drawn additional attention to the incident, the latest in what appears to be an accelerating crackdown by Lukashenko on his critics. Back Submit. Cirrus Logicis afabless semiconductor supplierspecializing in analog, mixed-signal, and audioDSPintegrated circuits. 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. He built the Newtown Square-based software outsourcing firm into a $1 billion-plus business with over 50,000 employees and an S&P 500 listing by hiring engineers and programmers in ex-Soviet nations. The oldest executive at EPAM Systems Inc is RonaldVargo, 66, who is the Non-Executive Lead Independent Director. entrepreneur Over the last 11 years, insiders at EPAM Systems Inc have traded over $1,560,580,967 worth of EPAM Systems Inc stock. Maxsym Chernikov hit Send. The email demanding that his employer, EPAM Systems, an S&P 500 outsourcing company with a large workforce in Ukraine, denounce Russian President Vladimir Putins invasion of Ukraine landed in over 58,000 inboxes. For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members. What is Arkadiy Dobkin's net worth? If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. If so, please join The Times of Israel Community. In June 2008, Ernst & Young named Mr. Dobkin Entrepreneur Of The Year in the Information Technology Consulting category. It was initially selected 120 prominent figures in Belarusian business, which was composed of the short list with 67 names. [28] EPAM was named to Forbes 25 Fastest Growing Public Tech Companies list in 2013. But others saythey appreciate the relative religious freedom and personal safetythat have characterized the Lukashenko regime. This net worth estimate does not reflect any other assets that Mr. Dobkin may own. 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Since 1993, EPAM Systems, Inc. has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Prabook is a registered trademark of World Biographical Encyclopedia, Inc. src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28681&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28682&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28683&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28684&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28685&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28687&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28688&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", data-src="/web/show-photo.jpg?id=28681&cache=false" Registering also lets you comment on articles and helps us improve your experience. 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 ranked as the top IT services company on Fortune's 100 Fastest-Growing Companies list of 2019 and 2020. Questcor Pharmaceuticalsis a biopharmaceutical company that focuses on developing treatment for patients with serious autoimmune and inflammatory disorders that are difficult to treat. Maria is a French-British English literature graduate. Inc., a leading digital transformation services and product engineering company. Fleetcoris a successful, leading independent global provider of specialised payment products. 2023 EPAM Systems, Inc. External observers and opposition activists have said the elections were a sham and thousands, includinga number of Jewish activists,have been arrested. It's always hard to predict who the giants of the future will be but facts and figures allow us to make some pretty reliable guesses. EPAM acquired Israel-based cybersecurity services provider White-Hat Ltd. in May 2021.[23]. I have a very strong reason why. If he had sent this to me, I would have told him that this was impossible and was putting our employees around the world in danger., In the wake of Chernikovs email, Epam warned staff that supporting distributed denial of service or other hacks on Russian websites were illegal, and shut down attempts to use company accounts to lobby support for Ukraine from clients. "We are pretty sure that common sense will win in this case," said Dobkin. Mike Fifer has been the Chief Executive Officer of Sturm, Ruger & Co since September of 2006. 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. Hes facing an impossible position because of the laws in Belarus and Russia . Arkadiy Dobkin is named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine. 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. The estimated net worth of Arkadiy Dobkin is at least $416.78 million as of May 24th, 2021. Company President since 2011 and CEO since 2012, Bryan A. Shinn is the man behind US Silica Holdings. [15], The company also productized TelescopeAI, an artificial intelligence-based platform for IT operations and workforce management, which won a 2019 Big Innovation Award presented by the Business Intelligence Group.[16]. Copyright 2014 IDG Communications, Inc. With 43,900 students enrolled in 2011, the company is ever growing. . 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[30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. Many of Belaruss Jews, especially among the younger generations, are displeased by the lack of democratic representation and an independent judiciary in the country. National Technological University unknown Computer Science 1983 Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing. Dobkin, while concerned about recent events, says isn't overly worried yet that the company will be impacted. Zeltzer's employment by a US. Set up by a small group of entrepreneurs in Kansas 20 years ago, the company has expanded well beyond its creators' expectations. Harry Herington has been NIC company president since 2006, and CEO since 2008. The ever-evolving industry of technology consists of cutting-edge products and services, rising demands of customers, competition by rivals and a talent pool. EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. Founded in 1981 by Dr. Suhas Patil, today Jason P Rhode leads the company. "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.