EPAM Systems (EPAM) Turns To Cybersecurity As Core Growth Cools

September 5, 2026 - 21:22

On August 25, EPAM Systems announced a new partnership with Wiz, the cloud and AI security platform now under Google Cloud's ownership. Through this alliance, EPAM will join the Wiz Partner Network to help large enterprises translate cloud risk data into concrete engineering actions. The move comes at a telling moment for the company.

Just weeks earlier, on August 6, EPAM reported second-quarter revenue growth that reflected a continued slowdown in its traditional software development services. Clients have been tightening budgets and delaying discretionary projects, a trend that has pressured the firm's core business. Now, EPAM is leaning harder into cybersecurity and cloud security as a fresh growth lever, betting that security services will hold up better than general IT outsourcing.

The Wiz partnership is not just about adding a tool to the shelf. EPAM plans to build dedicated teams around the platform, offering assessment, remediation, and ongoing management services. For Wiz, the deal opens access to EPAM's large enterprise client base across North America and Europe. For EPAM, it is a chance to attach higher-margin security work to existing accounts.

Industry watchers see this as a smart but necessary shift. The demand for cloud security expertise remains strong even as broader tech spending stalls. Whether this partnership can move the needle enough to offset the core slowdown is still an open question. But it signals that EPAM recognizes the old playbook of steady headcount growth and billable hours may no longer deliver the same returns. The company is repositioning itself for a market where security is not an add-on but a core requirement.