EPAM Systems Inc., a top technology solutions provider, reveals an array of strategic moves, facing market volatility. The company enters an agreement to acquire
First Derivative as a part of global financial services expansion. Furthermore,
StockNews.com upgraded the company’s stock to 'Buy' based on improved technical ratings. They acknowledged India's significant involvement in global artificial intelligence deployment, with a stellar 81% of organizations implementing AI.
EPAM aims at robust growth in India, driven by GCCs with massive hiring plans, intending to double their workforce in 3-4 years.
EPAM's purchase of
Odysseus intends to transform the Life Sciences value chain with advanced analytics, AI. In recent reports,
EPAM beats Q2 estimates, showing potential to capitalize on AI-driven IT spend growth. However, the company's stockholders bore a 68% loss over three years. Despite disappointing earnings, they achieved 'Best Place to Work' status across the world by Glassdoor, Built In, and Kununu.
EPAM is recognized for best-in-class AI initiatives while acquiring
NEORIS to expand its reach in Latin America. Q2 reports show a revenue and EPS beat, but they cut their annual revenue outlook.
Epam Systems EPAM News Analytics from Wed, 10 Jan 2024 08:00:00 GMT to Sat, 12 Oct 2024 06:29:13 GMT -
Rating -2
- Innovation 7
- Information 8
- Rumor -5
