NEWTOWN, PA — EPAM Systems, Inc. (NYSE: EPAM) has announced the release of its StatGPT 2.0 Platform, developed in collaboration with the International Monetary Fund (IMF). This innovative platform aims to enhance data accessibility and interaction in statistical data management, marking a significant step forward in the field of economic and financial data analysis.
StatGPT 2.0 builds upon the foundations laid by its predecessor, StatGPT 1.0, which debuted in October 2023. The new platform integrates advanced conversational data exploration capabilities, designed to make querying and understanding complex datasets more intuitive. By leveraging EPAM’s DIAL technology, users can engage with data using natural language, improving efficiency over traditional query tools.
The development of StatGPT 2.0 involved close cooperation with IMF experts over the past six months. The platform’s testing phase included eight publicly accessible datasets evaluated by over 100 representatives from SDMX sponsor organizations and national statistical bodies. This collaboration underscores the platform’s potential to transform how economic data is accessed and utilized.
Jim Tebrake, Deputy Director of the IMF’s Statistical Department, expressed his enthusiasm for the platform: “As a user of economic and financial statistics, I am excited about the creation of the StatGPT 2.0 GenAI-powered platform, which will significantly improve the way users access the world’s global economic data. The novelty in the StatGPT 2.0 Platform is its ability to seamlessly guide users to the specific data they need.”
Ilya Gorelik, Vice President and Head of EPAM’s Reliable AI Lab, highlighted the positive reception from the testing community, stating, “Creating the StatGPT 2.0 Platform in collaboration with IMF’s Statistical Department was an incredibly rewarding experience. I’m proud to share that we have received positive feedback from the global and the IMF testing communities.”
The StatGPT 2.0 Platform represents a critical advancement in data accessibility, providing users with a powerful tool for engaging with complex statistical information. As it continues to evolve, this platform is poised to become an essential resource for those involved in economic and financial data analysis.
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