BAKU, Azerbaijan, August 12. One of the world
leaders in digital transformation and IT consulting, EPAM Systems,
has officially announced the start of operations in Azerbaijan, the
Innovation and Digital Development Agency said in a statement,
Trend reports.
A representative office of the company will open in Baku in the
near future, which will not only perform operational functions but
also act as an innovation center for the implementation of
large-scale digital initiatives with a focus on artificial
intelligence (AI) development.
EPAM Systems plans to implement advanced solutions in Azerbaijan
that have been successfully implemented in other countries. The
company intends to actively participate in the digitalization of
public services and the expansion of the mygov digital services
ecosystem (including mygov business), as well as the introduction
of technological tools to improve the efficiency and accessibility
of these services.
The EPAM Campus ecosystem will facilitate the upskilling of
regional IT professionals, enhance technological proficiencies, and
operationalize collaborative initiatives with the Innovation and
Digital Development Agency alongside various governmental
entities.
The incorporation of AI-driven methodologies will occupy a pivotal
role in streamlining operational workflows, enhancing precision and
velocity in service execution, and elevating the overall user
engagement paradigm.
Agency Chairman Farid Osmanov emphasized that the collaboration
with EPAM Systems will substantially enhance the evolution of
digital governance, artificial intelligence, and human capital,
while concurrently fortifying our nation’s position within the ICT
services landscape and technology export sector.
VP of EPAM Systems Yuri Antoniuk said that Azerbaijan attracts
attention as a country taking bold steps and dynamically developing
in the field of digitalization.
“We are excited to synergize regional expertise with
cutting-edge international acumen, thereby facilitating the digital
metamorphosis of the nation,” he articulated.
EPAM Systems stands as a preeminent entity in the global technology
landscape, excelling in the orchestration of digital platforms, the
deployment of AI-driven solutions, and the overarching paradigm
shift of digital transformation. The organization, boasting a
workforce exceeding 62,000 specialists, operates across over 55
jurisdictions and caters to the globe’s preeminent enterprises
featured in the Fortune 500 index. Since 2012, EPAM Systems has
been publicly traded on the New York Stock Exchange, and as of
2021, the firm has secured a position within the S&P 500 index,
highlighting its substantial market capitalization and significance
within the global economic landscape.
In the fiscal year 2024, the organization reported a total revenue
stream surpassing $4.7 billion. The robustness, adaptability, and
extensibility of digital frameworks empower EPAM Systems to
proficiently navigate the complexities of the digital marketplace,
delivering to clients not merely services but also holistic
strategic guidance.
EPAM Systems has extensive experience in the digitalization of
the public sector and has implemented projects in a number of
European countries, as well as in the Persian Gulf region. In the
UK, the company is modernizing government services through the
ServiceNow platform; in Ukraine, it participated in the development
and update of the Diia digital service; and in the UAE, it launched
the DGE OneHub platform. These projects cover the digitalization of
services and the implementation of AI, cloud solutions, and digital
platforms, demonstrating EPAM Systems’ ability to adapt advanced
technologies to the specifics of public administration.
In recent years, strategic initiatives have been consistently
implemented in Azerbaijan to develop digital infrastructure and
support the implementation of e-government technologies and
artificial intelligence. These efforts were one of the key factors
that influenced the decision of the global company EPAM Systems to
open a representative office in Azerbaijan. Digitalization in the
country is considered one of the drivers of sustainable economic
growth, and the arrival of EPAM Systems is an indicator of high
confidence in this approach.
Stay up-to-date with more news on Trend News
Agency’s WhatsApp channel
