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Xoriant - Quality Engineering
Vendor Analysis
published on Aug 28, 2024
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Report Overview:
This NelsonHall vendor assessment analyzes Xoriant's offerings and capabilities in quality engineering services
Who is this Report for:
NelsonHall’s Quality Engineering profile on Xoriant is a comprehensive assessment of Xoriant’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of QE and identifying vendor suitability for quality engineering/QA/testing services
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the QE and IT services sectors.
Scope of this Report:
The report provides a comprehensive and objective analysis of Xoriant’s QE offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Xoriant is a Sunnyvale, CA-headquartered software development firm owned by PE ChrysCapital. NelsonHall estimates its revenues to be ~$300m. It has its delivery network in Pune (its main delivery center), Bangalore, Hyderabad, and Gurgaon. It also has presence in Mexico. The company positioned itself as a digital engineering firm, providing IT and ER&D services selectively. Xoriant services primarily the high-tech sector, BFS, and emerging verticals.
The company has structured its service portfolio around the following:
- Consulting, including vertical, functional, cloud, data, and security
- Software migration and development, including migration, native software development, and UX
- Digital, including product engineering services, data, security, and QE
- AI, with its ORIAN AI IP that includes predictive use cases
- Run services, e.g., CloudOps, FinOps, security operations, governance, audits, and compliance.
Under ChrysCapital, it has made two acquisitions:
- Thoucentric (2023, Bangalore, 450 consultants): a consulting firm working across the supply chain, sales & distribution, and finance, targeting the CPG, high-tech and start-up industries
- MapleLabs (2024, Bangalore, 300 consultants): a software development firm focused on hybrid cloud infrastructure, including SRE and observability.