EPAM Releases AI-powered DIAL Platform for Open Source -- Helping Companies Quickly Advance Generative AI and LLM-Driven Solutions

Rhea-AI Summary

EPAM Systems, a leading digital transformation services and product engineering company, has announced the launch of its AI-powered DIAL Open Source Platform (NYSE: EPAM). The platform enables developers to build custom applications, experiment with new use cases, and develop innovative implementations. It is designed to address the growth, governance, supervision, and unification of corporate LLM-centric ecosystems, supporting over 500 use cases and simplifying the interaction between different software applications developed by various vendors.

Positive

• EPAM's AI-powered DIAL Open Source Platform aims to foster collaborative development and widespread adoption, encouraging community contributions and supporting both open source and commercial use. The platform is completely containerized and Kubernetes-ready, running production deployments with all major public cloud providers.

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• None.

AI DIAL Orchestration Platform for Open Source enables enterprises to accelerate experimentation and innovation across public and proprietary large language models (LLMs), AI-native Applications and Custom Add-ons

NEWTOWN, Pa., Dec. 13, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the launch of its AI-powered DIAL Open Source Platform, a multi-modal, model-agnostic solution enabling developers to build upon the existing model to create custom applications, experiment with new use cases and develop innovative implementations.

The new AI-powered Platform is a highly adaptable solution designed with the developer community in mind—supporting a wide range of applications across industries. Today, EPAM leverages the Platform in more than 500 use cases, simplifying the interaction between different software applications developed by various vendors and enhancing compatibility and user experience for end users.

"EPAM's AI-powered DIAL Open Source Platform is a comprehensive solution designed to address the growth, governance, supervision and unification of corporate LLM-centric ecosystems consisting of model adapters, tools and LLM-based applications," said Elaina Shekhter, Chief Marketing and Strategy Officer at EPAM. "The Platform's immediate readiness for deployment is a testament to its practical, real-world application potential, and its monitoring and troubleshooting features make it a comprehensive solution for developers working with APIs, user interfaces and AI applications based on LLMs."

Developed under the permissive Apache 2.0 license, EPAM's DIAL Platform aims to foster collaborative development and widespread adoption. The Platform's open source model encourages community contributions, supports both open source and commercial use, provides legal clarity, allows for the creation of derivative works and aligns with open source principles. The model's flexibility promotes innovation, ensuring sustainability through ongoing maintenance and updates by diverse contributors. The Platform is completely containerized and Kubernetes-ready, running production deployments with all major public cloud providers.

"The launch of our AI-powered DIAL Open Source Platform underscores our ongoing commitment to building a robust and advanced digital landscape with open source innovation," said Ilya Gorelik, Head of EPAM's Reliable AI Lab. "EPAM's DIAL open source aims to foster collaboration within the developer community, encouraging contributions and facilitating adoption across various projects and industries. By embracing open source, we believe in widening access to innovative AI technologies to benefit both developers and end-users."

In August 2023, EPAM launched its AI-powered DIAL Orchestration Platform, which merges the power of LLMs with deterministic code — offering a secure, scalable and customizable AI workbench to streamline and enhance AI-driven business solutions.

One of the first commercially deployed applications running on DIAL is EPAM's StatGPT. As the first DIAL platform-enabled IP for LLM-powered solutions in this area, StatGPT is credited with enhancing accessibility to LLM-powered solutions within the industry. Developed by EPAM on the foundations of EPAM DIAL and QuantHub platforms, StatGPT was specifically designed to automate the generation of SDMX (Statistical Data and Metadata eXchange) queries by harnessing the capabilities of LLMs. In October 2023, EPAM showcased SDMX's utilization with industry professionals at the 9th Annual SDMX Global Conference in Manama, Bahrain.

To learn more about EPAM's AI-powered DIAL Open Source Platform, visit www.epam-rail.com/open-source. 

To learn more about EPAM's advanced AI solutions and advisory capabilities, visit www.epam.com/services/artificial-intelligence. 

ABOUT EPAM SYSTEMS
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its advanced software engineering heritage to become the foremost global digital transformation services provider – leading the industry in digital and physical product development and digital platform engineering services. Through its innovative strategy; integrated advisory, consulting, and design capabilities; and unique 'Engineering DNA,' EPAM's globally deployed hybrid teams help make the future real for clients and communities around the world by powering better enterprise, education and health platforms that connect people, optimize experiences, and improve people's lives. In 2021, EPAM was added to the S&P 500 and included among the list of Forbes Global 2000 companies. 

Selected by Newsweek as a 2021, 2022 and 2023 Most Loved Workplace, EPAM's global multi-disciplinary teams serve customers in more than 50 countries across six continents. As a recognized leader, EPAM is listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked four times as the top IT services company on Fortune's 100 Fastest Growing Companies list. EPAM is also listed among Ad Age's top 25 World's Largest Agency Companies for three consecutive years, and Consulting Magazine named EPAM Continuum a top 20 Fastest Growing Firm. 

Learn more at www.epam.com and follow us on Twitter and LinkedIn. 

Forward-Looking Statements
This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets and the broader economy, and the effect that these events may have on our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company's most recent Annual Report on Form 10-K and the factors discussed in the Company's Quarterly Reports on Form 10-Q, particularly under the headings "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law. 

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SOURCE EPAM Systems, Inc.

FAQ

What is the name of EPAM Systems' AI-powered DIAL Open Source Platform?

The platform is called DIAL Open Source Platform.

What is the ticker symbol for EPAM Systems?

The ticker symbol for EPAM Systems is EPAM.

What does the AI-powered DIAL Open Source Platform enable developers to do?

The platform enables developers to build custom applications, experiment with new use cases, and develop innovative implementations.

How many use cases does the platform support?

The platform supports over 500 use cases.

Is the DIAL Open Source Platform containerized and Kubernetes-ready?

Yes, the platform is completely containerized and Kubernetes-ready, running production deployments with all major public cloud providers.