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Epam Systems EPAM - News Analyzed: 3,874 - Last Week: 99 - Last Month: 495

↑ Epam Systems EPAM: A Rising Star in AI Investments with Planned NEORIS Acquisition and Expansion in India

Epam Systems EPAM: A Rising Star in AI Investments with Planned NEORIS Acquisition and Expansion in India
Epam Systems EPAM is making significant movements in the industry, which includes its plan to acquire NEORIS and being recognized for its AI initiatives by the Brandon Hall Group. EPAM continues to make strides in AI and cloud-based solutions, and has recently achieved Platinum Partner Status with commercetools. Furthermore, the company is expanding its operations in India with plans to double their workforce in the next three to four years and to open new offices in Bengaluru & Chennai. EPAM's Q2 earnings and revenues exceeded estimates, showing strong financial performance, despite a decrease in annual revenue outlook. They also faced some challenges with the stock plunging after the news of lowering full-year guidance. EPAM was recognized as a one of the ‘Best Places to Work’ globally by Glassdoor, Built In and kununu, and was included in Newsweek’s 2024 Top 100 Most Loved Workplaces. Despite their revenue challenges, EPAM remains committed to innovation, blurring the lines between human and AI agents and investing in CloudFrame's Intelligent COBOL Transformation Platform.

Epam Systems EPAM News Analytics from Wed, 22 Nov 2023 08:00:00 GMT to Sat, 21 Sep 2024 08:09:19 GMT - Rating 6 - Innovation 8 - Information 7 - Rumor 5

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