EPAM and AWS Expand Partnership to Enhance Generative AI Solutions for Enterprises

EPAM and AWS Expand Partnership to Enhance Generative AI Solutions for Enterprises



EPAM Systems, Inc., a prominent player in digital transformation and product engineering, has announced a significant expansion of its strategic collaboration agreement with Amazon Web Services (AWS). This enhancement centers around the development of generative artificial intelligence (GenAI) solutions, specifically tailored to assist enterprises in migrating workloads efficiently to AWS and modernizing their applications.

Having initiated their partnership in 2023, this renewed agreement aims to leverage AWS's advanced generative AI services, including innovative tools like Amazon Bedrock. This key service provides customers with the framework needed to develop specialized AI agents and GenAI solutions, addressing both engineering challenges and industry-specific needs, particularly in the realm of modernization.

The collaboration is set to streamline various processes, enabling EPAM to refine its AI-driven modernization strategies. By harnessing AI agents, the company will facilitate the automation of workflows, ultimately allowing organizations to transition their infrastructure and data onto AWS in a rapid, secure, and efficient manner. The goal is to not only modernize applications but also ensure that they become more cloud-native, allowing businesses to scale effectively and transition from concept testing to deployment of fully functional AI-enabled solutions.

A notable feature of this partnership is EPAM AI/Run™, a platform packed with ready-to-use tools, foundational capabilities, and AI agents that seamlessly integrates with Amazon Bedrock. Amazon Bedrock itself is a fully managed service designed for building and scaling generative AI applications, showcasing a broad selection of managed models, including the state-of-the-art Amazon Nova — a next-generation foundation model that promises superior intelligence and competitive pricing.

This integration will empower customers to create customized agents capable of executing specific modernization tasks. Automating complex workflows such as application assessments and cloud-native transformations will markedly reduce manual efforts and quicken the path to realizing value for the enterprises involved.

Elaina Shekhter, EPAM's Senior Vice President and Chief Marketing Strategy Officer, expressed gratitude for AWS's recognition of EPAM's GenAI capabilities. She emphasized the excitement surrounding the expansion of their collaboration, which aims to bolster the adoption of specialized AI agents and GenAI solutions. "Our collaboration is crucial in aiding global enterprises in integrating AI and realizing its transformative potential across their businesses," she stated.

Chris Sullivan, Vice President of Partner Management at AWS, reiterated the importance of this partnership in enabling global companies to utilize AI effectively and reach their unique business goals promptly. He highlighted AWS's secure generative AI services, including Amazon Bedrock, as pivotal in modernizing business operations.

The collaboration has already borne fruit, with companies like Cox Automotive benefitting from successful generative AI projects that have enhanced the efficiency and quality of their automotive services. Brian Lloyd-Newberry, Cox Automotive's AVP of Architecture, remarked on the partnership's significance, looking forward to future innovations fostered by EPAM’s support.

EPAM Systems has been a trailblazer in digital engineering and AI-enabled transformation services since its inception in 1993. By integrating advanced AI technologies through platforms like EPAM AI/RUN™ and initiatives such as DIALX Lab, the company strives to drive significant impact across industries, ensuring that their clients achieve tangible results from their digital investments.

With a strong global presence spanning over 55 countries and a workforce of more than 15,000 AWS-experienced engineers, EPAM continues to position itself as a leader in digital transformation services. The ongoing collaboration with AWS is a testament to their commitment to pushing the boundaries of digital innovation, delivering tailored solutions that enhance competitiveness for global enterprises.

In conclusion, the expanded strategic partnership between EPAM and AWS marks a significant advancement in harnessing generative AI to streamline enterprise processes, modernize applications, and provide bespoke solutions that meet the complex demands of today's business landscape.

Topics Business Technology)

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