EPAM Systems continues to display mixed performance in the IT market. It has been recognized as a top IT vendor by
Whitelane Research both in the
Netherlands and
Europe for consecutive years. Furthermore, EPAM is focused on expanding its influence in
India, aiming to increase its workforce to 10,000 by March 2025.
However, recent financial updates revealed a disappointment as
Q4 FY2025 earnings were predicted to fall below market expectations. Furthermore, the company's stock has been underperforming compared with its competitors. President of Global Business & Chief Revenue Officer, Balazs Fejes sold a portion of his holdings, which possibly impacted investor sentiment.
Despite these setbacks, EPAM continues to focus on innovative services, including an
AI-Native agency aimed at reshaping customer engagement and a collaboration with
Google Cloud to deliver
scalable AI solutions.
EPAM recently completed the purchase of
NEORIS and announced its intention to acquire
First Derivative, marking expansion of its global financial services. It was further acknowledged for its productivity in software development and inclusion in its workplaces.
Epam Systems EPAM News Analytics from Thu, 13 Jun 2024 07:00:00 GMT to Fri, 14 Mar 2025 14:55:26 GMT -
Rating -2
- Innovation 3
- Information 7
- Rumor 1
