STOCK TITAN

EPAM Awarded 2026 Databricks Consulting and Systems Integrator AI Partner of the Year for Helping Enterprises Scale AI into Measurable Business Impact

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
AI

EPAM (NYSE: EPAM) was named the 2026 Databricks Consulting & Systems Integrator AI Partner of the Year at the Data + AI Summit. The award highlights EPAM's role in helping enterprises across healthcare, retail, consumer goods, manufacturing and media operationalize Databricks-based AI, shorten decision cycles and build governed, conversational intelligence.

Loading...
Loading translation...

AI-generated analysis. Not financial advice.

Positive

  • None.

Negative

  • None.

News Market Reaction – EPAM

-0.85%
-0.85% News Effect

On the day this news was published, EPAM declined 0.85%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Peers on Argus

EPAM was modestly lower pre‑news, while four key IT‑services peers (KD, G, EXLS,...

EPAM was modestly lower pre‑news, while four key IT‑services peers (KD, G, EXLS, GDS) also traded down and only PSN was higher, pointing to broader sector pressure rather than a purely stock‑specific move.

Common Catalyst Multiple IT services peers, including EPAM and Genpact, highlighted new AI-driven solutions and partnerships, suggesting an ongoing AI adoption and partnership theme across the sector.

Previous AI Reports

5 past events · Latest: May 06 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
May 06 AI partnership Positive -2.4% Strategic multi-year Anthropic partnership to scale safe, enterprise generative AI.
May 05 AI product showcase Positive -0.9% Showcasing production-ready AI-powered ServiceNow development with efficiency gains claims.
Feb 17 AI agency expansion Positive -2.5% Expansion of AI-native Empathy Lab agency in North America for CMO-focused solutions.
Dec 09 AI agents launch Positive +2.1% Launch of seven advanced AI agents on Google Cloud Marketplace for key industries.
Nov 13 AI award recognition Positive +0.2% Winning Microsoft Innovate with Azure AI Platform Partner of the Year award.
Pattern Detected

AI-related announcements have historically seen modest average moves of about -0.7%, with a mix of aligned and divergent price reactions.

Historical Comparison

-0.7% avg move · In the past year, EPAM issued 5 AI-tagged updates with an average move of -0.7%. Today’s Databricks ...
AI
-0.7%
Average Historical Move AI

In the past year, EPAM issued 5 AI-tagged updates with an average move of -0.7%. Today’s Databricks AI partner award extends this pattern of recurring AI-focused milestones.

Same-tag history shows a progression from launching AI agents and platforms to expanding AI-native agencies and securing major cloud and model-partner awards, underscoring EPAM’s AI-first strategic positioning.

Regulatory & Risk Context

Short Interest: 20.39%
Short Interest
20.39% of float
0% 15% 30%+
moderate as of 2026-06-15 Days to cover: 4.07

Short positioning appears elevated, suggesting potential for sharper moves in either direction if sentiment shifts or liquidity tightens.

Market Pulse Summary

This announcement reinforces EPAM’s AI-first strategy, adding a Databricks Partner of the Year award...
Analysis

This announcement reinforces EPAM’s AI-first strategy, adding a Databricks Partner of the Year award to prior AI launches and alliances. Investors may watch how this recognition translates into measurable client wins and scaled AI deployments.

Key Terms

conversational ai, data governance, ai governance, production-grade ai
4 terms
conversational ai technical
"EPAM's winning use cases illustrate how conversational AI can unblock workflows"
Conversational AI is technology that allows computers to understand, process, and respond to human language in a way that feels natural and interactive, similar to chatting with a person. It enables machines to hold conversations, answer questions, and assist with tasks automatically. For investors, it matters because this technology can improve customer service, streamline operations, and create new opportunities across many industries.
data governance technical
"When data governance and AI governance operate in alignment, they become a powerful engine"
Data governance is the set of rules and practices that ensure information is accurate, consistent, and used responsibly within an organization. It is like a well-organized library system that keeps track of all the books, making sure they are correct, easy to find, and used properly. For investors, strong data governance helps ensure that the information they rely on is trustworthy and decisions are based on reliable data.
ai governance technical
"When data governance and AI governance operate in alignment, they become a powerful engine"
AI governance is the set of rules, oversight and practices a company uses to design, test, deploy and monitor artificial intelligence tools so they behave reliably, safely and fairly. Think of it as a vehicle’s maintenance schedule, road rules and driver checks for software: it reduces the chance of costly errors, legal penalties or reputation damage and helps investors judge whether a business can scale AI responsibly and protect value.
production-grade ai technical
"from fragmented data to trusted, production-grade AI applications and agents"
Production-grade AI is an artificial intelligence system that has been hardened for real-world use: it runs reliably at scale, handles edge cases, keeps data secure and private, and has monitoring and governance so it behaves predictably over time. Investors care because production readiness determines whether AI can actually generate recurring revenue, reduce costs, or create regulatory and operational risk—like buying a car that has passed safety checks and is ready for daily driving rather than a prototype.

AI-generated analysis. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Customer success across consumer goods, retail, healthcare and life sciences highlights EPAM's impact in helping enterprises operationalize Databricks AI for improved visibility and trusted business decisions

NEWTOWN, Pa., June 30, 2026 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) has been recognized as the 2026 Databricks Consulting & Systems Integrator AI Partner of the Year. Presented at the annual Data + AI Summit, the recognition underscores EPAM's collaboration with Databricks and its role in helping enterprise organizations advance data, analytics and AI transformation at scale.

Learn more about EPAM's partnership with Databricks

The award recognizes EPAM's impact in helping clients across industries operationalize AI on the Databricks platform, accelerating the journey from fragmented data to trusted, production-grade AI applications and agents that help business teams act with confidence. EPAM's delivery approach and AI accelerators were recognized for helping organizations reduce decision cycles from days to minutes, decrease reliance on manual reporting and put governed, conversational intelligence in the hands of the people who drive business outcomes.

"We're delighted to be awarded Databricks' 2026 Consulting & Systems Integrator AI Partner of the Year. This recognition reflects the impact of our partnership in helping global organizations turn AI strategy into enterprise-scale transformation," said Valentin Tsitlik, SVP, Head of Data and Analytics Practice, EPAM. "Together with Databricks, we help our joint clients build the trusted data foundations and production AI capabilities needed to simplify decision making, improve enterprise performance and create measurable business value."

EPAM has demonstrated a strong commitment to helping client organizations build and scale data analytics, AI applications and agents through its collaboration with Databricks, the Data and AI company. Working across healthcare and life sciences, consumer goods and retail, manufacturing, media and other industries, EPAM has developed industry-specific AI accelerators that help clients modernize their data platforms and accelerate AI adoption.

"The most successful organizations today are those that can turn raw data into real business impact. EPAM, our 2026 Consulting & Systems Integrator AI Partner of the Year, stands out in helping customers make that leap," said Kori O'Brien, SVP, Global Partnerships at Databricks. "Their ability to execute complex transformations on the Databricks platform helps our joint customers move faster and put AI to work in meaningful, measurable ways."

EPAM's winning use cases illustrate how conversational AI can unblock workflows typically slowed by fragmented data and manual reporting, helping client teams detect issues earlier, improve alignment and move faster from insight to action. By creating trusted enterprise context from governed data, these solutions help AI applications and agents deliver more accurate insights and actions across critical business workflows. This recognition reflects not just delivery excellence, but EPAM's broader commitment as an AI-first company, combining deep engineering heritage with a relentless focus on turning AI strategy into measurable enterprise outcomes.

This focus on trusted data foundations and governed AI aligns with broader industry guidance on what enterprises need to scale AI responsibly. As Forrester notes in a recently published report, "When data governance and AI governance operate in alignment, they become a powerful engine that delivers the outcome the business craves: trust, enablement, superior intelligence, assurance, and control. Trusted data strengthens AI outcomes, while governed AI use cases create clearer expectations for data quality, access, and controls."1

The strength of the EPAM partnership with Databricks is also reflected in enterprise-scale data modernization work that helps clients build the foundation for future AI initiatives. In an engagement with a leading marketing data and analytics company, EPAM helped deliver the client's first modern enterprise data platform on Databricks and Microsoft Azure, simplifying a fragmented data estate and creating a common data model to support governance, reduce duplicate engineering work and enable high-volume analytics across the enterprise.

To learn more about EPAM's partnership with Databricks, visit: www.epam.com/services/partners/databricks.

About EPAM Systems, Inc.
EPAM (NYSE:EPAM) is a global leader in AI transformation engineering and integrated consulting, serving Forbes Global 2000 companies and ambitious startups. With over thirty years of expertise in custom software, product and platform engineering, EPAM empowers organizations to become AI-Native enterprises, driving measurable value from innovation and digital investments. Recognized by industry benchmarks and leading analysts as a leader in AI, EPAM delivers globally while engaging locally, making the future real for clients, partners, and employees. 

We are proud to be recognized by Forbes, Glassdoor, Newsweek, Time Magazine, Great Place to Work and kununu as a Most Loved Workplace around the world. 

Learn more at www.epam.com and follow us on LinkedIn.

Forward-Looking Statements
This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets, global trade, and the broader economy, the adoption and implementation of artificial intelligence technologies by EPAM and its clients, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company's most recent Annual Report on Form 10-K and the factors discussed in the Company's Quarterly Reports on Form 10-Q, particularly under the headings "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

1 Forrester, "Operationalize Data and AI Governance To Enable Business Outcomes", Jayesh Chaurasia, Enza Iannopollo with Sudha Maheshwari, Samishti Bhatia, Jen Barton, June 2, 2026

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/epam-awarded-2026-databricks-consulting-and-systems-integrator-ai-partner-of-the-year-for-helping-enterprises-scale-ai-into-measurable-business-impact-302814075.html

SOURCE EPAM Systems, Inc.

FAQ

What award did EPAM (NYSE: EPAM) receive from Databricks in 2026?

EPAM was named the 2026 Databricks Consulting & Systems Integrator AI Partner of the Year. According to EPAM, this recognizes its impact helping enterprises operationalize AI on the Databricks platform and advance large-scale data, analytics and AI transformation.

How is EPAM using Databricks AI to help enterprises in 2026?

EPAM helps enterprises build trusted data foundations and production-grade AI on Databricks. According to EPAM, its AI accelerators modernize data platforms, reduce reliance on manual reporting and enable conversational intelligence to support faster, more confident business decisions across critical workflows.

Which industries benefit from EPAM and Databricks AI collaboration in 2026?

EPAM supports clients in healthcare and life sciences, consumer goods and retail, manufacturing, media and other sectors. According to EPAM, industry-specific AI accelerators on Databricks help modernize data estates, improve governance and accelerate AI adoption tailored to each vertical’s workflows and needs.

How does EPAM claim to improve decision-making speed with Databricks AI?

EPAM reports that its delivery approach and AI accelerators can reduce decision cycles from days to minutes. According to EPAM, conversational AI and governed data on Databricks decrease manual reporting and give business users faster access to trusted insights and actions.

What does EPAM mean by being an AI-first company with Databricks?

EPAM describes itself as an AI-first company combining engineering expertise with a focus on measurable enterprise AI outcomes. According to EPAM, its work on Databricks emphasizes trusted data, governed AI and production-ready applications that link AI strategy to tangible business performance improvements.

How did EPAM modernize a marketing data company’s platform using Databricks?

EPAM helped a marketing data and analytics company build its first modern enterprise data platform on Databricks and Microsoft Azure. According to EPAM, this simplified a fragmented data estate, created a common data model, improved governance and enabled high-volume analytics across the organization.

Why does Databricks highlight EPAM’s role in scaling AI for customers?

Databricks describes EPAM as standing out in helping customers turn raw data into business impact. According to Databricks, EPAM’s ability to execute complex transformations on its platform helps joint customers move faster and put AI to work in measurable, meaningful ways.