Xoriant Expands Expertise with Acquisition of Thoucentric

• ByStartupStory     |    August 11, 2023

Xoriant, a digital engineering services company backed by ChrysCapital, has announced its acquisition of Thoucentric, a specialized consulting firm headquartered in Bengaluru. With this strategic move, Xoriant aims to further enrich its service offerings by integrating consulting capabilities into its portfolio.

Thoucentric specializes in tackling business challenges through digital solutions within the domains of supply chain, sales and distribution, and finance. Meanwhile, Xoriant, headquartered in Sunnyvale, California, is renowned for its expertise in digital product engineering, cloud infrastructure and operations, security, data engineering/management, and analytics. Its clientele includes Fortune 100 companies spanning the globe.

The synergies between Xoriant’s strengths in AI, data, cloud, security, and operations, and Thoucentric’s domain knowledge and digital consulting prowess, create a potent combination to efficiently drive clients’ digital transformation objectives. This strategic alignment will empower clients to achieve their digital aspirations with greater efficacy, as highlighted in Xoriant’s official statement.

Currently boasting a workforce of 5,000 employees, Xoriant’s acquisition of Thoucentric will result in a noteworthy 10% expansion of its staff. This significant move underlines Xoriant’s commitment to delivering comprehensive solutions that harness the power of cutting-edge technology and strategic consulting, ultimately propelling businesses towards successful digital transformations.

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