NEWTOWN, Pa., Dec. 05, 2017 (GLOBE
NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM), a leading global
provider of digital platform engineering and software development
services, today announced its collaboration with Renesas
Electronics, a premier supplier of advanced semiconductor
solutions, to develop a cloud computing reference solution
optimized for connected cockpit systems, for storage and
distribution of facial models used for driver recognition.
EPAM's cloud-based solution optimized for
automotive will be part of the Renesas Connected Cockpit Vehicle at
CES in January in Las Vegas, NV.
Automotive cloud technology is transforming
vehicles from self-contained, transportation-focused machines to
sophisticated, internet-connected platforms that integrate with
entirely new business models. Driven by the increasing capabilities
offered by cloud computing, artificial intelligence, big data and
machine learning, automotive cloud technology has the potential to
fundamentally change the way consumers interact with automotive
OEMs, dealers and mobile-solution providers. EPAM's software-first
view of the auto industry led to the development of a smart,
auto-specific, cloud-based solution for the Renesas Connected
Cockpit Vehicle.
"We see the future of connected vehicles as
exclusively 'Software-First,'" said Alex Agizim, CTO Automotive
& Embedded Systems at EPAM. "Renesas is leading the push to
transform the in-car experience, and our collaboration has enabled
a new cloud solution that not only creates a more integrated and
personalized car experience, but also effectively integrates the
car as a component of the cloud, positioning the vehicle as part of
an extended range of enterprise business models."
The full potential of automotive cloud technology
requires all systems and subsystems - both within a vehicle and
between manufacturers - to work together from a connected software
perspective.
"Renesas focuses on developing innovative,
high-performance automotive technology solutions for connected
vehicles," said Craig Johnson, Director, Automotive Advanced
Systems Innovation Department at Renesas. "Through our partnership
with EPAM, we are creating an automotive smart cloud demonstration
that interacts seamlessly with our connected cockpit vehicles and
has the ability to make decisions based on driver preferences."
For more information about the automotive services
that EPAM provides, visit www.epam.com/automotive. To learn
more about Renesas, visit https://www.renesas.com.
About EPAM
Systems
Since 1993, EPAM Systems, Inc. (NYSE:EPAM) has leveraged its core
engineering expertise to become a leading global product
development and digital platform engineering services company.
Through its 'Engineering DNA' and innovative strategy, consulting,
and design capabilities, EPAM works in collaboration with its
customers to deliver innovative solutions that turn complex
business challenges into real business opportunities. EPAM's global
teams serve customers in over 25 countries across North America,
Europe, Asia and Australia. EPAM is a recognized market leader
among independent research agencies and was ranked #12
in FORBES 25 Fastest Growing Public Tech Companies, as a top
information technology services company on FORTUNE'S 100
Fastest-Growing Companies, and as a top UK Digital Design
& Build Agency. Learn more
at http://www.epam.com/ and follow us on
Twitter @EPAMSYSTEMS and LinkedIn.
Forward-Looking
Statements
This press release includes 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. Factors that could cause actual results to
differ materially from those expressed or implied include general
economic conditions and the factors discussed in our most recent
Annual Report on Form 10-K and other filings with the Securities
and Exchange Commission. 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.
CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz@epam.com