EPAM Advances Strategic Collaboration Agreement with AWS Focusing on Generative AI | EPAM Stock News

Author's Avatar
Apr 30, 2025
Article's Main Image
  • EPAM Systems (EPAM, Financial) has expanded its collaboration with Amazon Web Services (AWS) to focus on generative AI solutions.
  • This partnership leverages Amazon Bedrock to automate application modernization workflows.
  • The collaboration has demonstrated success with Cox Automotive, enhancing its automotive services through AI projects.

EPAM Systems, Inc. (EPAM), a leader in digital transformation services, has announced an expansion of its strategic collaboration agreement with Amazon Web Services (AWS), aimed at developing generative AI solutions. By integrating EPAM's AI/Runâ„¢ platform with AWS's Amazon Bedrock, the partnership focuses on facilitating enterprise workload migration to AWS and modernizing applications using advanced AI capabilities.

Amazon Bedrock provides a fully managed service featuring state-of-the-art foundation models, like Amazon Nova, which allow for the development of custom AI agents. These agents automate complex workflows in application assessment, cloud-native transformation, and replatform scenarios, effectively reducing manual efforts and accelerating the time-to-value for enterprises transitioning to cloud-native architectures.

The collaboration has already proven beneficial, as demonstrated by Cox Automotive's implementation of several successful generative AI projects. These projects have enhanced the efficiency and quality of their automotive services, underscoring the practical and commercial viability of the EPAM-AWS partnership.

With over 15,000 AWS-experienced engineers in more than 55 countries, EPAM is well-equipped to provide comprehensive digital transformation services, further strengthening its competitive position in the rapidly growing generative AI market. The broader implications of this collaboration reflect EPAM's strategic intent to leverage AI and generative AI to deliver transformative solutions that foster innovation and enhance enterprise competitiveness.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.