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Grid Dynamics Hldgs Inc - GDYN STOCK NEWS

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Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) is a premier engineering IT services company specializing in transformative, mission-critical cloud solutions tailored for the retail, finance, and technology sectors. Founded in 2006, and headquartered in San Ramon, California, Grid Dynamics boasts a global presence with offices across the US and Eastern Europe. The company is renowned for its expertise in big data analytics, scalable omnichannel services, DevOps, and cloud enablement.

Grid Dynamics is celebrated for architecting some of the busiest e-commerce platforms on the internet with unparalleled reliability, ensuring no outages during peak seasons. Their core business revolves around providing enterprise-level digital transformation services, including omnichannel customer experience, big data, analytics, artificial intelligence, cloud and DevOps, and application modernization. These services are delivered to Fortune 1000 companies, predominantly within the retail sector, generating substantial revenue primarily from North America and Europe.

Recent achievements highlight Grid Dynamics' leadership in digital transformation. A notable collaboration with Yieldmo introduced an advanced machine learning (ML) platform that optimizes ad campaign delivery and performance. This platform leverages high scalability, rapid feature deployment, and low maintenance requirements, underscoring Grid Dynamics' innovative capabilities in the adtech domain.

Additionally, Grid Dynamics has been recognized as an AWS Well-Architected Partner, reflecting their proficiency in constructing secure, high-performing, and efficient infrastructure on AWS. This status enhances their ability to offer robust digital commerce solutions, leveraging advanced data, analytics, and AI to improve customer experiences.

Grid Dynamics' commitment to excellence is reflected in their collaborative engineering culture, where highly skilled engineers and scientists work together to tackle complex problems, driving innovation and quality. Their ongoing projects and strategic partnerships continue to position them as a leader in the digital transformation landscape, fostering growth and competitive advantage for their clients.

For more detailed information, visit www.griddynamics.com.

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Grid Dynamics Holdings, a leader in enterprise-level digital transformation services and solutions, proudly announced it has earned the Analytics on Microsoft Azure Advanced Specialization from Microsoft, showcasing the company's exceptional technical capabilities in designing, building, deploying, and running cloud-based enterprise analytics solutions. The program helps accelerate clients' development and adoption of cloud-based analytics solutions, providing guidance, resources, and funding, and supports the migration and modernization of existing customer data estates. This significant advancement underscores the dynamic and growing alliance between Grid Dynamics and Microsoft, fostering closer collaboration on large-scale, complex cloud analytics platforms leveraging Power BI, Azure's Data and AI Services, and the newly announced Microsoft Fabric solution platform.
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Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) announced that it will ring the Opening Bell at the Nasdaq Stock Market on November 17, 2023. The Company's CEO, Leonard Livschitz, will lead the ceremony. Additionally, Grid Dynamics will host its first-ever Analyst & Investor Day on November 16, 2023 at the Nasdaq MarketSite.
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Grid Dynamics Holdings, Inc. reported third quarter 2023 revenue of $77.4 million, with non-retail industry verticals representing 65.7% of revenue. Retail was the largest vertical, accounting for 34.3% of revenue. The Technology, Media and Telecom vertical decreased by 1.5% on a sequential basis. The Finance vertical grew by 8.2% on a sequential basis. The CPG and Manufacturing vertical decreased by 11.1% and 39.8% on a sequential and year-over-year basis, respectively.
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Grid Dynamics introduces GenAI Intelligent Document Processing Starter Kit to automate complex workflows and boost productivity. The starter kit enables companies in various industries to summarize information, answer questions, validate compliance, and make decisions. It leverages GenAI technology to automate tasks that traditional IDP and RPA methods cannot handle. This release expands Grid Dynamics' suite of enterprise GenAI solutions and supports the company's growth strategy.
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Grid Dynamics introduces Generative AI Product Data Starter Kit to address challenges in product catalog attribution and content creation
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Grid Dynamics Holdings, Inc. announces details for its first-ever Analyst & Investor Day
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Grid Dynamics earns Infra and Database Migration to Microsoft Azure Specialization, strengthening partnership with Microsoft.
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Grid Dynamics Holdings, Inc. to host video conference call to discuss Q3 2023 financial results
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Grid Dynamics releases updated Analytics Platform with advanced features for enterprise clients, strengthening market position
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Grid Dynamics Holdings, Inc. to host Analyst & Investor Day on November 16, 2023. Management will discuss GigaCube initiative and long-term strategy.
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FAQ

What is the current stock price of Grid Dynamics Hldgs (GDYN)?

The current stock price of Grid Dynamics Hldgs (GDYN) is $18.82 as of February 28, 2025.

What is the market cap of Grid Dynamics Hldgs (GDYN)?

The market cap of Grid Dynamics Hldgs (GDYN) is approximately 1.6B.

What does Grid Dynamics Holdings, Inc. specialize in?

Grid Dynamics specializes in transformative cloud solutions for the retail, finance, and technology sectors, including services in big data, analytics, DevOps, and cloud enablement.

When was Grid Dynamics Holdings, Inc. founded?

Grid Dynamics was founded in 2006 and is headquartered in San Ramon, California.

What recent achievements has Grid Dynamics made?

Recently, Grid Dynamics collaborated with Yieldmo to deploy a highly efficient ML platform for optimizing ad campaign delivery. They also achieved AWS Well-Architected Partner Status.

What industries does Grid Dynamics serve?

Grid Dynamics serves multiple industries including retail, finance, technology, media, telecom, and consumer packaged goods (CPG)/manufacturing.

Where does Grid Dynamics generate most of its revenue?

Grid Dynamics generates most of its revenue from the retail sector, primarily from North America and Europe.

What is Grid Dynamics' approach to digital transformation?

Grid Dynamics provides digital transformation consulting and implementation services, focusing on omnichannel customer experience, big data, analytics, AI, cloud & DevOps, and application modernization.

What makes Grid Dynamics engineers unique?

Grid Dynamics' engineers are known for their deep expertise and collaborative culture, where they collectively solve complex problems and drive high-quality innovation.

How does Grid Dynamics ensure the reliability of its e-commerce platforms?

Grid Dynamics architects some of the busiest e-commerce platforms with a track record of zero outages during peak seasons, ensuring high reliability and performance.

How can I learn more about Grid Dynamics' services and solutions?

For more detailed information about Grid Dynamics' services and solutions, you can visit their official website at www.griddynamics.com.
Grid Dynamics Hldgs Inc

Nasdaq:GDYN

GDYN Rankings

GDYN Stock Data

1.60B
64.53M
22.55%
68.61%
4.34%
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