News around EPAM Systems Inc. spans a broad range of areas, including their latest product releases, financial outcomes and partnerships, to name a few. It has recently secured a multi-year deal with the states of Guernsey, alongside sealing several other partnerships focused on transforming and strengthening services in various sectors. This includes a collaboration with Baker Hughes to bring advanced AI implementations to the energy sector.
The company's No-Code Enterprise AI platform DIAL has been made available on AWS Marketplace, aiming to expedite AI deployment. Additional releases include DIAL 3.0, an evolution of their open-source enterprise platform.
On the financial side, EPAM beat QU1 earnings and revenue estimates, and subsequently, increased its annual forecast, leading to a growth in its stock price. Moreover, Deutsche Bank reinstated a hold on EPAM Systems, with a price target of $171.
EPAM Systems Inc has been recognized several times for its robust IT services, claiming the top IT vendor in the UK, Ireland, and the Netherlands. The company's expansion strategy includes a large hiring plan in India, as well as opening new innovation hubs.
However, despite significant revenue growth, a decline in net income and reports of the stock underperforming sparked concerns amongst analysts.
Epam Systems EPAM News Analytics from Thu, 07 Nov 2024 11:23:17 GMT to Sat, 19 Jul 2025 19:57:18 GMT - Rating 6 - Innovation 8 - Information 9 - Rumor 2
