Connect with us

Technology

EPAM and Baker Hughes Collaborate to Transform the Energy Sector Leveraging Advanced AI Implementations

Published

on

Collaboration will define and drive global energy efficiency through advanced digital solutions

NEWTOWN, Pa., Feb. 1, 2025 /PRNewswire/ — EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced an expanded engagement with Baker Hughes to revolutionize the energy sector. This engagement names EPAM as Baker Hughes’ systems integration collaborator for digital and AI implementations, marking a significant milestone in the sector’s digital transformation.

Combining EPAM’s best-in-class digital engineering and product development capabilities with Baker Hughes’ expertise in energy technology, this collaboration will redefine workflows, improve operational efficiency and deliver innovative solutions to drive substantial environmental benefits. Leveraging digital solutions will further support Baker Hughes’ 2030 commitment to growing its digital revenue stream through advanced technologies and fostering sustainable energy development.

“We are pleased that Baker Hughes has chosen to team up with EPAM, entrusting us with their most complex digital transformation and technology modernization challenges,” said Balazs Fejes, President of Global Business & Chief Revenue Officer of EPAM. “With our expert orchestration and systems thinking approach, we look forward to bringing world-class solutions to drive significant change across the industry.”

The digital transformation achieved through this collaboration also punctuates the theme for the 2025 Baker Hughes Annual Meeting (AM25). The event, held in Florence, Italy, from February 2 to 4, 2025, will bring more than 2,000 industry leaders, policymakers, and experts to share strategies for driving actionable change in the energy industry.

EPAM’s significant presence at AM25 includes the following highlights:

Arkadiy Dobkin, CEO and President, EPAM, will deliver a keynote, sharing thoughts on achieving lasting change across the energy industry.Interactive kiosks featuring EPAM’s JenAii™ will showcase Baker Hughes’ applications. JenAii™ is EPAM’s virtual assistant, powered by a combination of AI-enabled chatbots, motion capture and 3D gaming software.Fabio Mazzocchetti, CTO AI in Energy, EPAM, will lead a Tech Talk, exploring the influence of autonomous, intelligent AI agents in the energy sector.

“This year’s theme, Progress at Scale, reflects the need for sustainable energy development to drive lasting change across energy and industry,” said Lorenzo Simonelli, Chairman and CEO of Baker Hughes. “As Baker Hughes’ system integration collaborator for digital and AI implementations – and the current systems integrator for our Leucipa™ automated field production solution – the digital capabilities and expertise of EPAM are crucial to meet growing global energy demand.”

For more information about how EPAM is turning future possibilities into today’s reality for energy companies, visit www.epam.com/industries/energy-and-resources.

About EPAM Systems

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud and AI-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious startups. We address our clients’ transformation challenges by focusing EPAM Continuum’s integrated strategy, experience and technology consulting with our 30+ years of engineering execution to speed our clients’ time to market and drive greater value from their innovations and digital investments.

We make GenAI real with our AI LLM orchestration, testing and engineering solutions, EPAM DIAL, EPAM EliteA™ and EPAM AI/RUN™, respectively.

We deliver globally but engage locally with our expert teams of consultants, architects, designers and engineers, making the future real for our clients, our partners, and our people around the world. We believe the right solutions are the ones that improve people’s lives and fuel competitive advantage for our clients across diverse industries. Our thinking comes to life in the experiences, products and platforms we design and bring to market.

Added to the S&P 500 and the Forbes Global 2000 in 2021 and recognized by Glassdoor and Newsweek as a Top 100 Best Workplace, our multidisciplinary teams serve customers across six continents. We are proud to be among the top 15 companies in Information Technology Services in the Fortune 1000 and to be recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services and Worldwide Software Engineering Services.

Learn more at www.epam.com and follow us on LinkedIn.

Forward-Looking Statements

This press release includes estimates and 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. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets and the broader economy, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company’s most recent Annual Report on Form 10-K and the factors discussed in the Company’s Quarterly Reports on Form 10-Q, particularly under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/epam-and-baker-hughes-collaborate-to-transform-the-energy-sector-leveraging-advanced-ai-implementations-302365660.html

SOURCE EPAM Systems, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

In HelloNation, IT Expert Richard Hermann Explains Aging Office Computers

Published

on

By

HelloNation Article Explains Why Aging Office Computers Can Quietly Raise Costs and Slow Daily Business Operations.

BUFFALO, N.Y., Sept. 2, 2026 /PRNewswire/ — The article explains that a computer can still turn on and still fail to perform well. Aging office computers often take much longer to open programs than newer models, and employees notice the delay even without knowing the cause.

According to the article, older hardware also tends to fail more often as parts wear down over time. Hard drives, batteries, and cooling systems all become less reliable with age, which can lead to repair bills or unexpected downtime.

The article notes that security is another growing concern, since many older machines no longer receive full software updates. Businesses that store customer or financial records face greater risk when equipment cannot keep up with current protections.

The article breaks computer costs into two parts, the price paid at purchase and the cost of keeping a machine running afterward. It explains that repairs, support calls, and slow performance can quietly outweigh the savings from delaying a purchase.

Employee time is described in the article as one of the largest hidden costs of outdated technology. A worker who loses ten minutes a day to a slow machine can lose close to forty hours a year, a loss that grows quickly across a full staff.

The article states that most computers perform well for three to five years before real slowdowns begin, and that watching for early warning signs helps time an upgrade before problems affect daily work. It lists frequent freezing, slow startups, and repeated support calls as signals worth taking seriously.

Budgeting for replacement ahead of time, the article explains, reduces stress when a device eventually fails and turns technology spending into a predictable expense rather than an emergency one. Businesses that track replacement cycles closely, it notes, tend to avoid costly surprises and keep operations running smoothly.

The right timeline, according to the article, depends on how a business actually uses its technology day to day. Companies that rely on design work, data analysis, or other demanding tasks may need to replace equipment sooner than businesses with lighter computing needs.

Insights from IT Expert Richard Hermann, featured in the article, point to reviewing computer age and performance once or twice a year as a simple way to catch problems with aging office computers early. The article adds that backups, data transfer, and a short training period for new equipment all deserve attention during any replacement plan.

The article recommends that owners avoid waiting until a computer completely fails, since emergency replacements often mean lost data and rushed purchases. A well timed upgrade, it explains, often pays for itself through fewer repairs, better security, and less lost time.

Overall, the article frames aging office computers as a hidden cost that grows over time rather than a single dramatic failure. Regular attention to performance, security, and employee feedback, IT Expert Richard Hermann’s insights suggest, supports smoother operations and fewer disruptions for a growing business.

Signs It Is Time to Retire Aging Business Computers features insights from Richard Hermann, IT Expert of Buffalo, New York, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-it-expert-richard-hermann-explains-aging-office-computers-302867945.html

SOURCE HelloNation

Continue Reading

Technology

LivePerson Stockholders Approve Acquisition by SoundHound AI

Published

on

By

NEW YORK, Sept. 2, 2026 /PRNewswire/ — LivePerson (NASDAQ: LPSN) (“LivePerson” or “the Company”), a leading provider of predictable conversational AI, today announced that its stockholders voted to approve the proposed transaction with SoundHound AI, Inc. (NASDAQ: SOUN) at the Company’s Special Meeting of Stockholders (the “Special Meeting”) held earlier today.

John Sabino, CEO of LivePerson, said, “We are pleased with the results from our special meeting and thank our stockholders for their support as LivePerson takes this important step forward. We are now one step closer to joining forces with SoundHound AI, further strengthening our position in conversational AI and better positioning the combined business to serve customers and partners at scale. We look forward to working closely with the SoundHound AI team to complete this transaction and deliver the significant value creation potential it offers our stockholders.”

The transaction is expected to close on September 4, 2026, subject to the satisfaction or waiver of customary closing conditions. The final, certified voting results for the Special Meeting will be reported in a Form 8-K filed by LivePerson with the U.S. Securities and Exchange Commission.

About LivePerson

LivePerson (NASDAQ: LPSN) is an enterprise leader in predictable conversational AI. The world’s leading brands use our award-winning Conversational Cloud and Syntrix platforms to connect with millions of customers. We power nearly a billion messages every month, providing uniquely rich data analytics, agent training, and AI evaluation tools to unlock the power of conversational AI for better business outcomes. Learn more at liveperson.com.

Media Contact:

Riah Lawry
pr@liveperson.com 

Or

Jim Golden / Dylan O’Keefe
Collected Strategies
LivePerson-CS@collectedstrategies.com 

Investor Relations Contact:

ir-lp@liveperson.com 

Forward-Looking Statements

This document contains “forward-looking statements” within the meaning of the U.S. federal securities laws about the expectations, beliefs, plans, intentions, prospects, financial results and strategies relating to SoundHound AI’s proposed acquisition of LivePerson. Such forward-looking statements include, among others, statements regarding the timing of filing the definitive proxy/prospectus and timing of LivePerson’s special meeting, obtaining regulatory approvals, the timing of closing of the proposed acquisition, and the parties’ expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including: (1) the occurrence of any event, change, or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between LivePerson and SoundHound; (2) the possibility that the transaction does not close when expected or at all due to the failure to satisfy all of the conditions to closing on a timely basis or at all, including the failure to obtain the required shareholder approvals or to consummate the notes restructuring transactions contemplated by the Notes Restructuring Agreement; (3) the risk that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, trade policy (including tariff levels), laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which LivePerson and SoundHound operate; (4) any failure to promptly and effectively integrate the businesses of LivePerson and SoundHound; (5) the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (6) reputational risk and potential adverse reactions of LivePerson’s or SoundHound’s customers, employees or other business partners, including those resulting from the announcement, pendency or completion of the transaction; (7) the diversion of management’s attention and time to the transaction from ongoing business operations and opportunities; and (8) the outcome of any legal proceedings that may be instituted against LivePerson or SoundHound or in connection with the transaction. Further information on factors that could affect the forward-looking statements and expectations above are contained in the filings that LivePerson and/or SoundHound AI have filed, or that will be filed, with the U.S. Securities and Exchange Commission (the “SEC”), including as set forth in the Form S-4 and the proxy statement/prospectus contained therein, as well as the documents incorporated by reference therein.

All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made, and LivePerson does not undertake or assume any obligation to update publicly any of these statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required by applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/liveperson-stockholders-approve-acquisition-by-soundhound-ai-302867972.html

SOURCE LivePerson, Inc.

Continue Reading

Technology

Security Systems Expert Brandon Richardson of Manchester, NH Shares Long-Term Protection Tips for HelloNation

Published

on

By

MANCHESTER, N.H., Sept. 2, 2026 /PRNewswire/ — How can property owners keep a security system effective year after year? A HelloNation article answers this question by explaining the small but consistent steps that strengthen equipment performance over time. Readers can explore these insights in a HelloNation article.

The feature highlights Security Systems Expert Brandon Richardson of Mount Major Tech in Manchester, who emphasizes that a reliable security system depends on maintenance, not just installation. Many people assume their system will keep working indefinitely once it is turned on. In practice, small shifts, updates, and overlooked settings can slowly reduce its effectiveness.

Richardson recommends starting with camera angles, since cameras form the backbone of visual evidence. Over months or years, weather, landscaping, or slight bumps can move them off target. Even a few inches of change may create blind spots that weaken coverage. The article explains that reviewing camera angles regularly helps maintain the original viewing plan, ensuring faces and license plates remain visible when incidents occur.

Access logs provide another layer of insight that many owners forget to check. These records track who enters, which credentials are used, and when doors open. Richardson reviews access logs for patterns that do not match normal schedules. If a door opens at an unusual hour or a credential appears unexpectedly, it may signal that permissions need updating or that a process is being misused. The HelloNation article shows how a few minutes of review can uncover issues long before they turn into serious problems.

User permissions also need consistent attention. The piece notes that as employees change roles, vendors rotate, or temporary users finish projects, outdated access remains one of the most common weaknesses in building security. A clean credential list reduces clutter and risk, making the security system easier to manage. Richardson updates these lists often to ensure that only the right people retain access to sensitive areas.

Passwords and codes, though simple, play a major role in preventing unauthorized entry. The HelloNation article explains that static passwords tend to spread over time because people share or write them down. Refreshing passwords and codes on a regular schedule greatly reduces that exposure. The process takes minutes but can prevent the gradual buildup of security gaps that go unnoticed.

Alert settings deserve steady review as well. Systems evolve, and so do business routines. Richardson tests each alert to confirm that it activates during real events and stays silent during normal operations. This process prevents alarm fatigue, which happens when staff receive too many irrelevant alerts and begin to ignore them. By tuning alerts carefully, teams stay confident in their system’s reliability and respond faster when something important occurs.

Software updates are another point of focus. Every major manufacturer releases updates to address bugs, patch vulnerabilities, and ensure compatibility with newer technology. Richardson checks cameras, recorders, access panels, and alarm hubs for current firmware. According to the article, staying current on software updates is one of the most effective ways to protect against modern digital threats. Skipping them can leave security systems exposed or incompatible with new devices.

Integration between systems further strengthens protection. The HelloNation piece describes how cameras, alarms, and access control systems support one another when they share data. A camera can confirm what triggered an alarm, while access logs identify who entered a door at the same time. When these systems are connected, property managers gain a more complete and accurate record of daily activity. This connected defense makes it easier to respond quickly during emergencies and review events after they happen.

Security Systems Expert Brandon Richardson points out that these checks do not require major overhauls. Instead, they should be short, regular reviews that guide the system and keep it performing as designed. A few simple habits—adjusting camera angles, checking access logs, reviewing user permissions, updating passwords, testing alerts, and installing software updates—add up to long-term reliability.

The HelloNation article concludes that the most dependable security system is the one that receives steady attention. Maintenance turns routine technology into a living, adaptable safeguard. By keeping components aligned, updated, and integrated, property owners maintain readiness without unnecessary cost or downtime.

Security System Tips for Better Long Term Protection features insights from Brandon Richardson, Security Systems Expert of Manchester, NH, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/security-systems-expert-brandon-richardson-of-manchester-nh-shares-long-term-protection-tips-for-hellonation-302867955.html

SOURCE HelloNation

Continue Reading

Trending