An innovative generative AI solution for faster, easier and cheaper analysis of user-generated content and optimization of social media campaigns

California, June 29, 2023 – Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation solutions and services, today announced the launch of its AI Focus Groups Starter Kit, the latest offering in the company's line of powerful generative AI-based solutions. The AI ​​Focus Groups Starter Kit enables enterprise customers in any industry to build new, faster, more efficient, and less costly capabilities to analyze user-generated content across disparate data sources and operationalize the insights gained—a challenge important for companies today.

The starter kit has enormous potential to change the way marketing teams work with user-generated content and customer discussion groups. Uses great linguistic models to analyze customer reviews, social media posts, comments, and other types of user-generated content and events, and creates AI discussion groups made up of virtual people that match audience behavior goal of a brand in the real world. Marketing teams can interact with these personas through conversational interfaces to get feedback and suggestions on brand products, messages and upcoming social media posts, and perform other activities that typically require expensive customer research using groups. of real discussion.

The newly introduced Grid Dynamics AI Focus Groups Starter Kit is a sophisticated solution that combines Generative AI technology with advanced industry expertise to achieve real business results. The expertise required to create this enterprise solution is difficult to replicate and sets Grid Dynamics apart as a leader in enterprise AI. This experience also helps attract the best talent needed to drive the company's continued growth and maintain its culture of engineering excellence. Grid Dynamics' continued investment in AI embodies the company's commitment to its GigaCube growth framework, which identifies innovation and strengthening its partner ecosystem as critical pillars of the company's long-term success.

"Grid Dynamics has a long and proud history of helping enterprise customers harness the power of AI. Looking forward, we are focused on expanding our portfolio of innovative, industry-specific Generative AI solutions that deliver immediate business impact. and high value for customers," says Ilya Katsov, Vice President of Technology at Grid Dynamics. "Our R&D teams, working closely with our customers and network of best industry partners, have developed a cross-industry Generative AI strategy and solutions roadmap. We are excited about the rapid progress in implementing this roadmap and the launch of this new starter kit that expands our capabilities to solve our customers' most complex challenges and advance the advancement of enterprise AI."

More information about the Grid Dynamics AI Focus Group Starter Kit can be found by visiting this page. Explore other AI solutions developed by Grid Dynamics, including AI-Powered Data Analytics and Generative AI for Images.

About Grid Dynamics

Grid Dynamics (NASDAQ: GDYN) is a provider of digital native technology services accelerating growth and strengthening competitive advantage for Fortune 1000 companies. Grid Dynamics provides digital transformation consulting and implementation services in omnichannel customer experience, big data , analytics, search, artificial intelligence, cloud and DevOps, and application modernization. Grid Dynamics achieves high speed to market, quality, and efficiency through the use of technology accelerators, an agile delivery culture, and its pool of global engineering talent. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices in the US, Mexico, UK, Europe and India. For more information on Grid Dynamics, visit www.griddynamics.com or follow on Facebook, Twitter and LinkedIn.

forward-looking statements

This communication contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause Grid Dynamics' actual results differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes", "estimates", "anticipates", "expects", "intends", "plans", "may", "will", "potential" , "projects", "predicts", "continues" or "should", or, in each case, their negative variations or other comparable terminology. These forward-looking statements include, but are not limited to, quotes and statements regarding the benefits of generative AI, product capabilities, the scent framework, the GigaCube growth strategy, and future growth of the company.

These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are beyond the control of Grid Dynamics and are difficult to predict. Factors that may cause such differences include, but are not limited to, any factors that limit the capabilities of your products, the benefits of your products, and your company's growth and growth strategy.

Grid Dynamics cautions that the above list of factors is not exclusive. Grid Dynamics cautions readers not to place undue reliance on forward-looking statements, which are valid only as of the date made. Grid Dynamics does not assume or accept any obligation or commitment to publicly disclose any update or revision of any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which such statement is based. More information about factors that could materially affect Grid Dynamics, including its results of operations and financial condition, is set forth in the "Risk Factors" section of the Company's annual report on Form 10-Q filed May 4, 2023, and in other periodic filings, Grid Dynamics makes with the SEC.

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Contact name: Cary Savas

Contact telephone number: 1 (650) 523