EPAM Systems is set to confer about its Q2 Financial Results in a forthcoming conference call. The company recently ventured into advanced analytics, data methods, and AI by acquiring Odysseus, a move aimed at transforming the Life Sciences Value Chain. EPAM's wager on India manifests its expanding market presence, and its acquisition of Vates is marking its reach in Latin America.
The company has been recognized as a top IT sourcing vendor in Europe, Netherlands, Colombia, and has achieved Platinum Partner Status with commercetools, with up to 50 large GCCs in India. However, its fiscal year 2024 guidance is downgraded, resulting in a drop in shares. The company's journey to provide digital solutions isn't without challenges, as reports show that legacy IT systems may hinder digital transformation.
Apart from this, it's been considered a 'Best Place to Work' across the world based on reviews by Glassdoor, Built In, and kununu, which strengthens its position as a preferred tech company among young professionals. Despite rough waters, the company continues to remain steadfast on its path of innovation, expanding its partnership with Microsoft and investing in the CloudFrame's Intelligent COBOL Transformation Platform.
Epam Systems EPAM News Analytics from Tue, 26 Sep 2023 07:00:00 GMT to Sun, 14 Jul 2024 18:00:00 GMT - Rating -2 - Rumor -4
