Perficient Stock

Perficient, Inc. (Perficient) is a global digital consultancy.

The company’s work enables clients to deliver experiences that surpass customer expectations; become more human-centered, authentic, and trusted; innovate through digital technologies; outpace competition; and grow and strengthen relationships with customers, suppliers, and partners.

To articulate the full scope of the company’s capabilities to clients and prospects, the company goes to market with six primary service categories: Strategy and Transformation; Data and Intelligence; Platforms and Technology; Customer Experience and Digital Marketing; Innovation and Product Development; and Optimized Global Delivery.

Together, these service categories showcase the company’s full end-to-end digital solutions. Individually, each demonstrates the company’s specialized capabilities. Within each category, and collectively, the company delivers a deep and broad portfolio of solutions that enable the company’s clients to operate a real-time enterprise that dynamically adapts business processes and the systems that support them to meet the changing demands of a global, digital-driven, and competitive marketplace.

The company’s experience in developing and delivering solutions for its clients gives the company domain expertise that differentiates its firm. The company uses project teams that deliver high-value, measurable results by working collaboratively with clients and their partners through a user-centered, technology-based, and business-driven solutions methodology.

The company serves its Global 2000 and other large enterprise clients from locations in multiple markets throughout North America and through domestic and global delivery centers and by leveraging an experienced sales team that is connected through a common service portfolio, sales process, and performance management system. The company’s sales process utilizes project pursuit teams that include those colleagues best suited to address a particular prospective client’s needs. The company’s primary target client base includes companies in North America with annual revenues in excess of one billion dollars.

In 2023, the company continued to implement a strategy focused on expanding the company’s relationships with existing and new clients; strengthening the company’s multi-shore delivery capabilities by entering into an agreement in October to acquire SMEDIX, Inc. (‘SMEDIX’), an approximately $12 million revenue healthcare software engineering firm headquartered in San Diego, California, with offshore operations located in Cluj-Napoca, Romania with the acquisition closing in January 2024; delivering solutions primarily via thousands of skilled strategists and technologists in the U.S., Latin America, and India; and leveraging the company’s existing (and pursuing new) strategic alliances by targeting leading business advisory companies and technology providers.

The company’s multi-shore, fully integrated global delivery approach continues to be a key driver of growth and a compelling differentiator in the market.

Approximately 96% of the company’s revenues were derived from clients in the United States during the year ended December 31, 2023.

Solutions

The company provides services primarily to the healthcare (including pharma and life sciences), financial services (including banking and insurance), manufacturing, automotive, communications, media and technology, consumer markets, and energy and utilities markets.

The company helps clients gain competitive advantage by using digital technology to: make their businesses more responsive to market opportunities; strengthen relationships with customers, suppliers, and partners; and improve productivity. Through the company’s end-to-end digital offerings, the company drives alignment and balance between the company’s clients’ brand customer experiences and their business operations. Through the company’s digital consulting services, the company partners with its clients to bring faster speed-to-market capabilities and stronger, more compelling experiences for consumers.

The company’s solutions enable clients to, among other things: give managers and executives the information they need to make quality business decisions and dynamically adapt their business processes and systems to respond to client demands, market opportunities, or business problems; improve the quality and lower the cost of customer acquisition and care through web-based customer self-service and provisioning; reduce supply chain costs and improve logistics by flexibly and quickly integrating processes and systems and making relevant real-time information and applications available online to suppliers, partners, and distributors; increase the effectiveness and value of legacy enterprise technology infrastructure investments by enabling faster application development and deployment, increased flexibility, and lower management costs; deliver compelling and engaging customer experiences, helping brands acquire and retain their customers; and enhance employee productivity through better information flow and collaboration capabilities and by automating routine processes to facilitate focus on unique problems and opportunities.

The company delivers a robust portfolio of solution offerings that are grouped under six primary solution areas:

Strategy and Transformation. The company creates strategic visioning and roadmaps that empower the company’s clients to compete more effectively and operate more efficiently to outpace their competition. The company does this by providing solutions in digital strategy, technology strategy, business velocity and growth, and organizational change management.

Data and Intelligence. The company empowers clients to understand and navigate their vast amounts of digital data in order to make smarter, more-informed business solutions and navigate the digital data ecosystem with offerings in analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolios.

Platforms and Technology. The company helps its clients integrate and optimize systems and processes, and leverage the right tools to enhance productivity, reduce costs, and improve digital experiences. The company does this by providing expertise across a broad spectrum of solutions and services that include blockchain, cloud, commerce, corporate performance management, customer relationship management, content management systems, customer experience platforms, custom application development, DevOps, enterprise resource planning, integration and APIs, intelligent automation, Internet of Things, mobile, portals and collaboration, supply chain, product information management, and order management systems.

Customer Experience and Digital Marketing. The company creates meaningful connections across every touchpoint to help the company’s clients acquire, engage, and retain customers by providing compelling and engaging customer experiences and targeting customers with powerful messaging. The company’s services include analytics, content architecture, conversion rate optimization, creative design, email marketing, journey sciences, paid media, paid search, marketing automation research, SEO services, and social media.

Innovation and Product Development. The company’s customized solutions are uniquely tailored to each client to help them launch new business lines, capitalize with new products, and enter new markets. These solutions include product development services and a robust suite of proprietary products.

Optimized Global Delivery. The company’s clients face pressures to innovate quickly to deliver transformative solutions. The company helps clients scale large, complex projects and manage costs through the company’s fully owned and operated domestic and global delivery centers.

The company has developed intellectual property assets, applications, utilities, and products that enable the company’s clients to reduce time to delivery and total cost of ownership. In addition, the company sells certain internally developed software packages. These foundational tools include configurable Solution Accelerators and Industry Tools that can be customized to solve specific enterprise challenges. The company’s Solution Accelerators increase the velocity of solution development across key horizontal disciplines including content management, integration and APIs, business process management, enterprise search, and tax compliance. The company’s Industry Tools enable enterprises to address industry-specific business process and workflow challenges. The company offers these tools for the healthcare, energy and utilities, financial services, and retail markets. The company’s strong network of partnerships and cross-platform capabilities enable the company to develop and deliver accelerators across a wide spectrum of solution areas and vendor platforms.

The company serves many of the world’s largest and most-respected brands with extensive business process experience across a variety of markets. These include healthcare (including pharma and life sciences), financial services (including banking and insurance), manufacturing, automotive, communications, media and technology, consumer markets (including retail and consumer goods), and energy and utilities.

History

Perficient, Inc. was founded in 1998. The company was incorporated in Texas in 1999.