EPAM Systems (EPAM) has been making significant strides in the tech industry, primarily with its innovative
AI-driven solutions exemplified by applications like
StatGPT 2.0 and
EPAM AI/Run™. The company has shown robust growth in locations like
India, actively hiring and expanding its operations while working with over 50 large Global Capability Centers (GCCs). It has completed major acquisitions such as
NEORIS and
First Derivative and plans to acquire
BlueOptima. Despite the strong growth trajectory, EPAM's stock performance has been mixed, with a Q3 2024 earnings beat but negative near-term performance. EPAM is further recognized by
Gartner and
IDC as a leader in the tech industry. Its investment in technologies like the
CloudFrame's Intelligent COBOL Transformation platform speaks to the company's commitment to innovation. They have a strong presence in various global markets with diverse delivery locations but also face issues with declining stock performance, alluding to potential weakness.
Epam Systems EPAM News Analytics from Wed, 10 Jan 2024 08:00:00 GMT to Sat, 23 Nov 2024 12:01:35 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor 0
