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EPAM SYSTEMS, INC. - EPAM STOCK NEWS

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EPAM Systems, Inc. (NYSE: EPAM) is a global leader in software product development, digital platform engineering, and technology consulting based in the United States. Established in 1993, EPAM has built a reputation for excellence, recognized by independent research agencies and industry leaders globally. The company operates in over 20 countries across North America, Europe, Asia, and Australia, delivering innovative solutions to clients worldwide.

EPAM's core offerings include digital and cloud engineering, AI-enabled transformation services, and comprehensive business and experience consulting. The company's largest market is North America, accounting for approximately 60% of its revenues. EPAM has expertise in emerging technologies like artificial intelligence, virtual reality, and robotics, helping businesses stay ahead in a rapidly evolving tech landscape.

Recent achievements highlight EPAM's strong market position. The company was added to the S&P 500 and the Forbes Global 2000 in 2021 and has been recognized by Glassdoor as a Best Workplace in 2023 and 2024. EPAM's multidisciplinary teams, comprising consultants, architects, designers, and engineers, serve clients across six continents, ensuring local engagement and global delivery.

EPAM continues to expand its capabilities through strategic acquisitions and partnerships. Notably, the acquisition of Vates S.A. in 2024 bolstered EPAM's software development portfolio and enhanced its delivery capabilities in Latin America. Additionally, EPAM has been honored with several industry awards, including the 2024 Google Cloud Talent Development Partner of the Year Award in North America, reflecting its commitment to innovation and excellence in talent development.

Financially, EPAM has demonstrated resilience and adaptability, navigating volatile market conditions and refining its growth strategies. The company focuses on harmonizing delivery quality, optimizing cost-effectiveness, and leveraging its extensive experience in data, engineering, and consulting to capitalize on opportunities in the AI space. EPAM supplements its GAAP results with non-GAAP financial measures to provide a clearer picture of underlying business trends and performance.

EPAM's latest project, OSPulse™, an enterprise-level analytics dashboard, showcases the company's continuous innovation. OSPulse™ helps organizations monitor open source engagement, offering valuable insights for strategic decision-making. EPAM's commitment to the open source community is reflected in its extensive contributions and initiatives like the Open Source Contributor Index (OSCI), furthering technological innovation and community engagement.

For more information about EPAM Systems, visit www.epam.com.

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EPAM Systems, Inc. wins the 2024 award for talent development for its commitment to training and upskilling its team's cloud skills.
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EPAM Systems, Inc. (EPAM) has been named a Top IT Sourcing Vendor in the Nordics for the second consecutive year, achieving high customer satisfaction ratings in transformative innovation, account management quality, digital transformation, and application services. The company's commitment to providing best-in-class services and product engineering capabilities has solidified its position as a leader in the Nordic IT market.
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EPAM Systems, Inc. acquires Vates S.A., a software development company, to enhance its global delivery capabilities and software development portfolio. The acquisition aims to strengthen EPAM's position in providing advanced digital services and product engineering solutions to clients worldwide.
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EPAM Systems, Inc. named Top IT Sourcing Vendor in the Netherlands by Whitelane Research for the second consecutive year, excelling in service delivery quality, application services, and customer satisfaction.
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EPAM Systems, Inc. launches OSPulse™, an enterprise-level analytics dashboard for monitoring open source engagement. The dashboard offers customizable reporting to track open source contributions and impact, aiding organizations in making data-driven decisions.
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EPAM Continuum releases its fourth annual Consumer Banking Report highlighting consumer expectations for enhanced digital capabilities and personalized experiences in the face of rising competition from fintech disruptors.
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EPAM Systems, Inc. announces fourth quarter and full-year 2023 financial results with a decrease in revenues and diluted EPS. The company focuses on cost optimization and growth strategy amidst a challenging economic environment.
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EPAM Systems, Inc. has been recognized as a top 10 preferred tech company in Colombia among professionals under 35 years old by the 2024 Top of Mind Index Tech study. This recognition follows EPAM's growth in Latin America, with a focus on innovation and employee experience.
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EPAM Systems, Inc. has been named a Top IT Sourcing Vendor in Europe by Whitelane Research, earning recognition for exceptional client satisfaction and strong category performance rankings across multiple evaluation criteria. In the 2023 IT Sourcing Study, EPAM received above-average ratings in account management quality, service delivery quality, general satisfaction, digital transformation, and application services. EPAM consistently surpasses client expectations, maintaining a strong IT sourcing presence across Europe.
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EPAM Systems, Inc. partners with Google Cloud to develop a composable suite of retail media accelerators, providing a solution for retailers to scale their retail media business and leverage the analytical capabilities of Google Cloud. The Retail Media Orchestration Toolkit aims to help retailers solve efficiency, scalability, and functionality challenges by allowing them to work more effectively with multiple technology vendors via a single, integrated platform while reducing dependence on third parties and optimizing cost. EPAM's partnership with Google Cloud is aligned with its Industry Value Network (IVN) initiative and aims to create higher-quality advertising experiences with greater measurement and targeting capabilities in the fastest-growing segment of the advertising industry. The partnership enables retailers to leverage scalability and analytical capabilities of native Google Cloud components, eliminating the need to build their own in-house solution.
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FAQ

What is the current stock price of EPAM SYSTEMS (EPAM)?

The current stock price of EPAM SYSTEMS (EPAM) is $248.26 as of December 20, 2024.

What is the market cap of EPAM SYSTEMS (EPAM)?

The market cap of EPAM SYSTEMS (EPAM) is approximately 13.9B.

What services does EPAM Systems provide?

EPAM Systems offers digital platform engineering, software development, AI-enabled transformation services, and business and experience consulting.

Where is EPAM Systems headquartered?

EPAM Systems is headquartered in the United States.

What markets does EPAM serve?

EPAM serves clients worldwide, with its largest market being North America.

How long has EPAM Systems been in business?

EPAM Systems has been in business since 1993.

What recent acquisitions has EPAM made?

EPAM recently acquired Vates S.A., enhancing its software development capabilities and presence in Latin America.

What are some of EPAM Systems' latest innovations?

EPAM's latest innovations include OSPulse™, an enterprise-level analytics dashboard for monitoring open source engagement.

What awards has EPAM Systems won recently?

EPAM was awarded the 2024 Google Cloud Talent Development Partner of the Year Award in North America and recognized by Glassdoor as a Best Workplace in 2023 and 2024.

How does EPAM ensure quality and cost-effectiveness?

EPAM focuses on harmonizing delivery quality, optimizing cost-effectiveness, and leveraging its extensive experience in data, engineering, and consulting.

How does EPAM contribute to the open source community?

EPAM actively engages in the open source community through projects like OSPulse™ and the Open Source Contributor Index (OSCI).

Where can I learn more about EPAM Systems?

You can learn more about EPAM Systems by visiting their website at www.epam.com.

EPAM SYSTEMS, INC.

NYSE:EPAM

EPAM Rankings

EPAM Stock Data

13.89B
54.79M
3.39%
94.26%
1.22%
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