EPAM Systems has made significant strides in its field, earning high recognition and praise. The company has been named a Top IT Vendor in Europe by Whitelane Research for two years in a row and has achieved an 80-Plus RS rating, which measures the relative strength of a stock. It has significantly grown within the Indian market, planning to increase its employees strength to 10k by March 2025, which is further showcased by the expansion of its offices in Bengaluru & Chennai. Additionally, EPAM is expanding its collaboration with Baker Hughes to revolutionize the energy sector using AI technology which in turn led to an exceptional performer status in the 2024 Swiss IT Sourcing Study. This bullish trend is further emphasized by successful Q4 2024 financial results, an acquisition of First Derivative, an expanded collaboration with Google Cloud and a growth-related upgrade from Morgan Stanley. However, it's notable that EPAM's returns appeared to be dwindling, causing some shareholders to experience significant losses.
Epam Systems EPAM News Analytics from Tue, 11 Jun 2024 07:00:00 GMT to Sat, 08 Feb 2025 11:00:00 GMT -
Rating 8
- Innovation 9
- Information 10
- Rumor 5
