Grid Dynamics Holdings Inc. (GDYN) Introduces AI Modernization Service on Microsoft Azure

Grid Dynamics Holdings Inc. (GDYN) Introduces AI Modernization Service on Microsoft Azure
Grid Dynamics Holdings Inc. (GDYN) Introduces AI Modernization Service on Microsoft Azure

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) is one of the best debt-free IT stocks to buy now. On May 26, Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) took steps to target large enterprises running mission-critical, high-transaction volume legacy environments. The company introduced a native AI modernization service powered by its GAIN platform for SDLC on Microsoft Azure.

Grid Dynamics Holdings Inc. (GDYN) Introduces AI Modernization Service on Microsoft Azure

The offering will help large enterprises address the biggest obstacles related to technical debt and legacy licensing costs. The integration with Microsoft Azure is part of an effort to help the company’s customers benefit from free Microsoft support, Azure credits, and funding for migration assessments.

Grid Dynamics will expand its AI delivery model to Azure while leveraging its extensive application migration experience. The program can also accelerate project execution by more than 30%. The company will also enable mission-critical systems to be fundamentally transformed and modernized, unlocking massive innovation.

The introduction of the AI ​​modernization service comes on the heels of AI accounting for 29% of revenue in the first quarter, up from 25% in 2025.

Grid Dynamics Holdings Inc. (NASDAQ:GDYN) is a digital engineering and enterprise technology consulting company that helps Fortune 1000 companies modernize their IT systems, build scalable cloud platforms, and develop AI-powered products. They specialize in highly complex digital transformation, software design and engineering.

While we recognize GDYN’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.

READ NEXT: Investors’ Stock Portfolio: Top 10 Penny Stocks to Buy and the 10 Most Shorted Mid- and Small-Cap Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey on Google News.

Source link