EPAM Systems, a global provider of digital platform engineering and software development services, has been creating news with a host of recent developments that span across different scales and markets. The company has made several major moves, including acquiring
Odysseus aiming to transform the Life Sciences value chain with advanced analytics, data methods, and AI. Further, EPAM is determined to make its mark in the Indian market as it shows an increasing dependency on the country as its second-largest delivery center. To fuel digital transformations, EPAM has additionally invested in
CloudFrame's Intelligent COBOL Transformation Platform. On a global scale, EPAM's dedication to employees hasn't gone unnoticed, being recognized as a 'Best Place to Work' at various locations worldwide. EPAM has also made strategic expansions into Latin America with the acquisition of
Vates USA. However, amidst these positive developments, the company's shares experienced a plunge due to demand challenges, and the company also lowered its full-year forecast reflecting mixed Q1 2024 results. Despite these temporary setbacks, EPAM has been regarded as a service business with significant value due to its cash-rich status.
Epam Systems EPAM News Analytics from Tue, 26 Sep 2023 07:00:00 GMT to Sun, 07 Jul 2024 05:35:24 GMT -
Rating -2
- Innovation 7
- Information 5
- Rumor -4
