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EPAM Systems, Inc. (NYSE: EPAM) announced the launch of the Analytical Platform InfoNgen 7.0, which will be able to allocate data from more than 200 000 multilingual web sources, as well as conduct a comprehensive sentimental analysis of texts. Connecting the capabilities of machine learning through neural networks greatly improves the accuracy of issuance and helps users to detect hidden patterns, trends and anomalies. InfoNgen users can quickly receive, analyze and distribute information and, as a result, accelerate the adoption of competitive business decisions.
About 80% of the data, which is growing rapidly, today is unstructured, so companies can miss huge amounts of important information for business. These are social media data, various kinds of content, as well as corporate information (e-mail, documents, presentations). Such data includes information that will help transform a business model by identifying competitive advantages and creating a successful business strategy.
The global service provider market is changing rapidly, and our customers are keen to come up with integrated platform solutions with a wider range of options along with platform development. Our practical approach to this task includes the integration of partner solutions, open source components, our own EPAM platforms, and our business products, such as InfoNgen. Thus, we can offer our customers a holistic solution to their most complex business problemsElayna Schechter, VP & Director on Marketing and Strategy in EPAM