Close
EPAM Systems is positioned as a key player in the rapidly growing IT services market, which is projected to expand at a compound annual growth rate of 9.5% from 2024 to 2030. This growth is particularly evident in developing regions like India and China, where the adoption of cloud computing and advanced digital technologies is accelerating. Factors such as stringent data privacy regulations and rising cybersecurity concerns are driving enterprises to invest in robust IT solutions.
The increasing integration of artificial intelligence, machine learning, and the Internet of Things is further propelling market demand. As businesses undergo digital transformation, they rely on IT service providers like EPAM to adapt to their evolving needs. The shift to remote and hybrid work models has also highlighted the necessity for strong IT infrastructure, making cloud computing a vital component for businesses looking to enhance operational efficiency.
• EPAM Systems is a leader in AI-driven IT solutions for global growth.
• The IT services market is projected to grow significantly due to digital transformation.
Artificial intelligence is crucial for enhancing IT solutions and driving market demand.
Machine learning technologies are being increasingly adopted to improve business processes.
Cloud computing enables businesses to migrate operations and manage IT services securely.
EPAM Systems specializes in providing AI-driven IT solutions to meet evolving business needs.
Insider Monkey on MSN.com 10month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
