Epam Acquires Odysseus

Epam Systems, Inc. (NYSE: EPAM), a Newtown, PA-based digital transformation services and product engineering company, acquired Odysseus Data Services, Inc., a Cambridge, Massachusetts-based health data analytics company. 

The amount of the deal was not disclosed.

Odysseus will expand EPAM’s ability to transform the life sciences value chain through advanced data analytics, data methods and artificial intelligence (AI).

Led by Gregory Klebanov, CEO, Odysseus generates healthcare data insights and evidence for clients through skilled data science and analytics, software engineering and data management and ontology and vocabulary management. The company’s focus on a standardized and systematic approach to healthcare data analytics is the foundation for a better understanding of the inner workings of healthcare interventions in drug treatment, drug safety and efficacy, epidemiological research, provider support, quality measurements and cost reduction. Odysseus is an active member of the Observational Health Data Sciences and Informatics” (OHDSI) collaborative and is involved in the open standards and open science community through participation in research and development, including OMOP CDM, open source tools and methods.

Since 1993, EPAM Systems has used its software engineering expertise to become a global provider of digital engineering, cloud and AI-enabled transformation services, as well as a business and experience consulting partner for global enterprises and startups.

FinSMEs

13/06/2024