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EPAM Showcases Production-Ready AI-Powered ServiceNow Development at Knowledge 2026

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
AI

EPAM (NYSE: EPAM) is showcasing production-ready, AI-powered ServiceNow development at Knowledge 2026 (May 5–7, 2026) in Las Vegas. EPAM says its solution, built on Anthropic's Claude Code, is already used in production to accelerate instance configuration, defect remediation, feature delivery, and SDLC automation.

EPAM cites expected efficiency gains of up to 35% in development and ~50% in support, and will demo capabilities at booth #5758.

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Positive

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Key Figures

Development efficiency gain: 35% Support efficiency gain: 50% Company experience: 30 years +5 more
8 metrics
Development efficiency gain 35% Expected improvement in development efficiency from AI-powered ServiceNow capabilities
Support efficiency gain 50% Expected improvement in support efficiency from AI-powered ServiceNow capabilities
Company experience 30 years Experience building enterprise-grade applications and solutions
Conference dates May 5–7, 2026 ServiceNow Knowledge 2026 event timing
Current price $110.60 Pre-news trading level vs 52-week range
52-week high $222.53 Upper bound of 52-week trading range
52-week low $108.12 Lower bound of 52-week trading range
Price change 24h -1.54% Move prior to publication of AI ServiceNow news

Market Reality Check

Price: $110.60 Vol: Volume 1,453,823 is in li...
normal vol
$110.60 Last Close
Volume Volume 1,453,823 is in line with the 20-day average of 1,462,700 (relative volume 0.99). normal
Technical Price 110.60 is trading below the 200-day MA at 165.61 and sits well under the 52-week high of 222.53 while hovering near the 52-week low of 108.12.

Peers on Argus

EPAM is down 1.54% while peers show mixed moves (KD, PSN, G slightly down; EXLS ...

EPAM is down 1.54% while peers show mixed moves (KD, PSN, G slightly down; EXLS and GDS up), and no peers appear in the momentum scanner, pointing to a stock-specific reaction rather than a sector-wide move.

Previous AI Reports

5 past events · Latest: Feb 17 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 17 AI agency expansion Positive -2.5% Expanded Empathy Lab AI-native agency in North America for CMO-focused growth.
Dec 09 AI agents launch Positive +2.1% Launched seven production-ready AI agents on Google Cloud Marketplace for key sectors.
Nov 13 AI partner award Positive +0.2% Won Microsoft Innovate with Azure AI Platform Partner of the Year award.
Oct 28 AI QA product Positive -0.3% Introduced Agentic QA™ AI-native testing solution within AI/Run™.Tools platform.
Oct 23 AI framework launch Positive +0.2% Launched AI/Run.Transform Playbook for AI-native enterprise transformation.
Pattern Detected

AI-tagged announcements have generally been positive but often saw modest or negative next-day price moves, with more divergences than alignments.

Recent Company History

Across recent AI-tagged releases since October 2025, EPAM has highlighted new AI platforms, partner awards and marketplace agents. Events such as the launch of AI/Run.Transform on Oct 23, 2025, Agentic QA™ on Oct 28, 2025, and AI agents on Google Cloud Marketplace on Dec 9, 2025 underscored an AI-native strategy. However, next-day stock reactions ranged from mildly positive to negative, indicating that upbeat AI news has not consistently translated into strong upside moves pre‑announcement.

Historical Comparison

-0.1% avg move · Past AI-tagged announcements saw an average next-day move of -0.07%, with several positive launches ...
AI
-0.1%
Average Historical Move AI

Past AI-tagged announcements saw an average next-day move of -0.07%, with several positive launches met by flat-to-negative trading, suggesting AI news alone has not been a strong upside catalyst.

AI-tagged history shows EPAM moving from frameworks (AI/Run.Transform) to specific tools (Agentic QA™, marketplace agents) and now production AI for ServiceNow, reflecting a broadening, implementation-focused AI offering.

Market Pulse Summary

This announcement highlights EPAM’s push to deliver production-ready, AI-powered ServiceNow developm...
Analysis

This announcement highlights EPAM’s push to deliver production-ready, AI-powered ServiceNow development, with claimed gains of up to 35% in development efficiency and 50% in support. In historical AI-tagged releases, the company has repeatedly emphasized scalable, enterprise-grade AI platforms and tools. Yet past stock reactions around such news averaged only -0.07%, suggesting investors may weigh these innovations against broader valuation, execution and demand considerations rather than treating them as standalone catalysts.

Key Terms

servicenow, sdlc
2 terms
servicenow technical
"EPAM today announces its production-ready AI capabilities for ServiceNow development"
ServiceNow is a cloud-based software platform companies use to organize, automate and track work across IT, HR, customer service and other departments—think of it as a digital operations hub that routes tasks and information to the right people. Investors care because many firms pay for it on a subscription basis, which can create steady, growing cash flow and strong customer retention as more departments adopt the system, influencing future revenue and profitability.
sdlc technical
"SDLC Tool Integration: Managing a complete SDLC cycle through a single prompt"
SDLC stands for Software Development Life Cycle, the step-by-step process a company uses to plan, build, test and deliver software products. Investors care because a well-run SDLC reduces delays, cost overruns and product failures—similar to having a clear blueprint and construction schedule for a building—while a poor SDLC increases operational risk, unexpected spending and missed revenue opportunities.

AI-generated analysis. Not financial advice.

Delivering measurable business outcomes in production with AI-powered ServiceNow development that improves productivity and reduces total cost of ownership

NEWTOWN, Pa., May 5, 2026 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) today announces its production-ready AI capabilities for ServiceNow development at Knowledge 2026, taking place on May 5–7, 2026, in Las Vegas, NV. As the market begins to explore new AI-enabled development approaches, EPAM is already applying these capabilities in production to accelerate ServiceNow instance configuration, code management and feature delivery.

"AI is reshaping what's possible in enterprise platform development, and our work with ServiceNow is the latest example of our leading AI-native enablement to meet client needs and deliver sustainable business value," said Elaina Shekhter, SVP, Chief Strategy and Transformation Officer at EPAM. "What our team has built and validated in production is a demonstration of EPAM's commitment to drive innovation at the pace the market demands. Knowledge 2026 is an important moment for the industry, and we are proud to arrive with results."

Delivering in Production
While much of the industry is just beginning to explore AI-enabled ServiceNow development, EPAM has already applied these capabilities in its own production environment — accelerating instance configuration, resolving defects and delivering new features at speed. Built on Anthropic's Claude Code, EPAM's solution combines platform engineering expertise with practical AI application, positioning the company to help organizations reduce delivery friction, lower operating costs and bring new capabilities to market faster. With over 30 years of experience in building enterprise-grade applications and solutions, EPAM is pioneering the next era of enterprise innovation as the premier architects of AI-native builds.

"The market is arriving at Knowledge 2026 ready to start exploring AI-powered ServiceNow development, and thanks to our client zero approach, EPAM's booth will be unique in that we are able to demonstrate the real-time impact of these AI-powered solutions," said Aliaksei Simonchyk, Director of Software Engineering at EPAM. "We expect these capabilities to drive up to a 35% improvement in development efficiency and approximately 50% in support."

Visit EPAM's booth at ServiceNow Knowledge 2026 to learn more.
Media and conference attendees are invited to visit EPAM at ServiceNow Knowledge 2026, booth #5758, to see these AI-powered ServiceNow capabilities in action and learn how EPAM is helping organizations move from experimentation to production.

EPAM will share demonstrations of AI-powered ServiceNow solutions, including:

  • Implementation Analysis: Generating high-quality documentation for any existing feature, enabling teams to work effectively with client instances from day one and eliminating the need for lengthy knowledge transfers.

  • Issue Remediation: Taking issues from bug report to live fix, reproducing issues in the Service Portal, identifying root causes in the codebase, and developing and deploying the fix.

  • New Feature Development: Interpreting complex business requirements to build fully functional catalog items, including form design, validation rules and corresponding flows, all from a natural-language prompt.

  • Event Management Implementation: Creating a complete Event Management implementation directly from a business requirements document and user stories.

  • ServiceNow Upgrade Support: Accelerating upgrades by analyzing skipped records and surfacing downstream risks that humans might miss; all delivered in minutes with a comprehensive report covering deep-dive analysis details and clear recommendations.

  • SDLC Tool Integration: Managing a complete SDLC cycle through a single prompt, from fetching Jira ticket details and understanding the issue to fixing it and closing the ticket with a detailed root cause and fix description.

Read how EPAM is advancing ServiceNow development with AI here.

Learn more about EPAM's ServiceNow solutions and expertise at epam.com/services/partners/servicenow.

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.

 

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SOURCE EPAM Systems, Inc.

FAQ

What AI ServiceNow capabilities is EPAM (NYSE: EPAM) demoing at Knowledge 2026 on May 5–7, 2026?

EPAM is demoing production-ready AI features for ServiceNow development, including issue remediation and new feature builds. According to EPAM, demos cover implementation analysis, bug-to-fix remediation, event management implementation, upgrade support, and SDLC tool integration at booth #5758.

How much development efficiency improvement does EPAM claim for its AI-powered ServiceNow solution (EPAM)?

EPAM claims up to a 35% improvement in development efficiency from its AI-enabled ServiceNow approach. According to EPAM, that figure reflects efficiency gains seen in their production environment combining platform engineering with Anthropic's Claude Code.

Will EPAM's AI ServiceNow demos at Knowledge 2026 show real production usage for EPAM (NYSE: EPAM)?

Yes. EPAM says its AI ServiceNow capabilities are already applied in production to accelerate configuration and fixes. According to EPAM, the booth demos reflect validated, production usage rather than exploratory prototypes, using their client zero approach.

How does EPAM (EPAM) say AI speeds ServiceNow upgrades and risk analysis?

EPAM says AI accelerates upgrades by analyzing skipped records and surfacing downstream risks in minutes with detailed reports. According to EPAM, the capability produces a comprehensive analysis and clear recommendations to help reduce upgrade friction and hidden issues.

Where can investors and attendees see EPAM's ServiceNow AI demonstrations at Knowledge 2026 (May 5–7, 2026)?

Attendees can visit EPAM at booth #5758 during ServiceNow Knowledge 2026, May 5–7, 2026, in Las Vegas. According to EPAM, the booth will feature live demonstrations of their production-ready AI-powered ServiceNow solutions and SDLC automation examples.