EPAM Systems Inc. Unveils EPAM NEORIS: A New Era of Digital Transformation in Ibero-America
1. Introduction
In a significant move aimed at enhancing digital transformation services across Ibero-America, EPAM Systems, Inc. (NYSE: EPAM) has announced the launch of EPAM NEORIS. This new brand unifies EPAM's engineering, consulting, and AI-native services, establishing a powerful digital accelerator tailored for Spanish- and Portuguese-speaking markets. The integration of EPAM’s extensive global expertise with the specialized regional capabilities of NEORIS, alongside its partners Optiva, Vates, and S4N, positions EPAM NEORIS as a formidable player in driving digital modernization for organizations in the region.
2. Addressing the Growing Demand for Digital Transformation
The press release highlights an anticipated surge in technology spending across Ibero-America, fueled by an urgent need for digital transformation. According to research from Gartner, Spanish Latin America CIOs are increasingly prioritizing IT's business value and enterprise operational performance. Notably, there is a strong inclination towards deploying Generative AI and AI/ML technologies, with 70% of CIOs planning to increase investments in these areas over the next three years. This trend underscores the critical role of EPAM NEORIS in delivering advanced, AI-native solutions tailored to meet the evolving needs of organizations in the region.
"By combining EPAM's global engineering excellence and AI-native expertise with deep local market insights and cultural expertise, we are enabling our clients to drive transformative, scalable business outcomes that set new standards of success within their industries," stated Martín Mendez, SVP and Head of Ibero-America at EPAM NEORIS.
3. Strategic Expansion and Integration
The launch of EPAM NEORIS marks a pivotal step following EPAM’s 2024 acquisition of NEORIS and the prior integrations of Optiva, Vates, and S4N. This strategic alignment aims to enhance operations across Spanish- and Portuguese-speaking markets, thereby facilitating accelerated growth opportunities for clients.
EPAM NEORIS is already making measurable impacts across various sectors, including financial services, manufacturing, retail, telecommunications, and media. The company's AI-native capabilities are being leveraged to improve efficiency, personalization, and agility, thus strengthening partnerships across North America and Europe through nearshoring solutions that offer culturally aligned services.
4. A Comprehensive Offering for Clients
EPAM NEORIS is committed to delivering a comprehensive technology portfolio, enabling clients to access advanced solutions in critical areas such as AI, cloud transformation, cybersecurity, data analytics, and digital experience. The brand promises:
- Global Reach with Local Expertise: Tailored technical skills that meet specific regional and industry needs.
- Scalability & Customization: Leveraging global capabilities paired with local insights to enhance operational efficiencies and create business growth opportunities.
- Client-Centric & AI-Native Mindset: Collaborative partnerships with clients to co-create solutions powered by advanced engineering practices and a robust ecosystem of strategic global technology leaders.
"This new brand and unified service offerings mark the first major step in bringing EPAM's depth and scale to regional and local markets, with a commitment to putting our clients' goals and challenges at the center of everything we do," remarked Elaina Shekhter, Chief Marketing & Strategy Officer at EPAM.
5. Conclusion
The establishment of EPAM NEORIS signifies a proactive approach to the burgeoning demand for digital transformation across Ibero-America. By combining EPAM's global expertise with NEORIS’s regional leadership, the company is well-positioned to help organizations tackle complex challenges and achieve sustainable growth in a rapidly evolving digital landscape. As EPAM NEORIS embarks on this journey, it is set to redefine the standards of success within various industries, providing clients with the tools and insights necessary to thrive in the competitive market of digital transformation.