About Thoughtworks
Thoughtworks helps businesses modernize and innovate by providing consultancy services that combine strategy, design, and software engineering. Their approach involves working closely with clients to understand their specific challenges and goals, allowing them to develop tailored solutions that often include creating custom software and modernizing existing systems. Thoughtworks stands out from competitors by focusing on a diverse range of industries, including finance, healthcare, and retail, and by leveraging data and artificial intelligence to unlock new value for clients. The company's goal is to enable clients to thrive in the digital age by delivering impactful solutions that drive innovation and growth.
Chicago, IllinoisHeadquarters
1993Year Founded
$727.6MTotal Funding
IPOCompany Stage
Data & Analytics, Consulting, Enterprise SoftwareIndustries
10,001+Employees
Benefits
Hybrid Work Options
Professional Development Budget
Flexible Work Hours
Risks
Increased competition in AI and digital transformation may erode market share.
Rapid technological changes could outpace Thoughtworks' service updates, risking client satisfaction.
Economic downturns may reduce client budgets, impacting Thoughtworks' revenue.
Differentiation
Thoughtworks combines strategy, design, and engineering for comprehensive digital transformation.
Recognized as a Visionary in Gartner's 2024 Magic Quadrant for Custom Software Development.
Strong global presence with diverse industry expertise, including finance and healthcare.
Upsides
Generative AI trend offers expansion opportunities for Thoughtworks' AI services.
Partnerships in cybersecurity align with growing global demand for security solutions.
Customer-centric design in payment systems enhances Thoughtworks' collaboration with Australian Payments Plus.
Funding
Total raised$727.60 M
Latest valuation$9.00 B
StageIPO
IPO
8/31/2021$773
$9.00 BGROWTH EQUITY NON VC
12/31/2020$720
$4.60 B