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EPAM Advances Strategic Collaboration Agreement with AWS Focusing on Generative AI

1. EPAM expanded partnership with AWS for generative AI solutions. 2. Focus on migrating workloads and modernizing applications. 3. Strategic collaboration enhances EPAM's AI service offerings globally.

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Why Bullish?

The strengthened relationship with AWS could lead to increased revenue through AI services, reminiscent of EPAM's past growth during tech partnerships.

How important is it?

The AI sector is pivotal for EPAM's future, potentially driving substantial growth and innovation.

Why Long Term?

Generative AI is a growing market; benefits may accrue over several quarters as adoption increases.

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Continued partnership will enable global enterprises to harness the transformative potential of AI from AWS NEWTOWN, Pa., April 30, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it expanded its strategic collaboration agreement (SCA) with Amazon Web Services (AWS) with a focus on developing generative artificial intelligence (GenAI) solutions to help enterprises more easily migrate workloads to AWS and modernize their applications.

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