EPAM Launches Open-Source DIAL Platform Based on Apache 2.0
EPAM Systems EPAM unveiled the open-source version of its Deterministic Integrator of Applications and DIAL Platform, which leverages the strength of Large Language Models through deterministic code. This platform provides an artificial intelligence-based workbench aimed at offering optimized business solutions. The release of the open-source DIAL follows the introduction of the artificial intelligence-driven DIAL Orchestration Platform in August 2023.
The platform is a one-stop hub that combines cloud and open-source models with traditional data. It has a unified language interface for developers to create custom applications and experiment with and use existing models for building comprehensive solutions. The platform can operate in an isolated environment due to its containerized features. Developers can utilize the platform to automate the deployment, scaling and management of containerized applications, given its compatibility with the popular open-source container orchestration platform Kubernetes.
EPAM's DIAL platform, licensed under Apache 2.0, permits users to utilize, adapt and distribute the software without mandating that derivative works follow the same licensing terms. The Apache 2.0 License provides developers the freedom to release modified code portions under their preferred license.
EPAM Systems, Inc. Price and Consensus
EPAM Systems, Inc. price-consensus-chart | EPAM Systems, Inc. Quote
With its robust offerings, EPAM excels in digital technology and is set to capitalize on booming IT service sectors like mobile apps, testing, cognitive computing, software development and analytics.
However, EPAM faces some near-term challenges owing to softening IT spending, mainly due to higher interest rates and inflationary squeezes on consumers' pockets. The company is afflicted by the Russo-Ukrainian war as part of its delivery centers are located in Central and Eastern Europe, risking its business.
Zacks Rank and Stocks to Consider
EPAM currently carries a Zacks Rank #3 (Hold). Shares of the company have declined 14.7% year to date.
Some better-ranked stocks from the broader technology sector are MongoDB MDB, Cloudflare NET and Bel Fuse BELFB. While BELFB sports a Zacks Rank #1 (Strong Buy), MDB and NET each carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
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MDB’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 277.91%. Shares of MDB have gained 108.9% year to date.
The Zacks Consensus Estimate for Clouflare's fourth-quarter 2023 earnings has moved northward by 2 cents to 12 cents in the past 60 days. For fiscal 2023, NET’s earnings estimates have been revised 9 cents upward to 46 cents per share in the past 60 days.
Cloudflare’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 63.22%. Shares of NET have climbed 77.8% year to date.
The Zacks Consensus Estimate for Bel Fuse’s fourth-quarter fiscal 2023 earnings has been revised upward by 38 cents to $1.44 per share in the past 60 days. For fiscal 2023, earnings estimates have been raised by 72 cents to $6.28 in the past 60 days.
Bel Fuse’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 56.92%. Shares of Bel Fuse have surged 89.2% year to date.
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