Perficient Named a Major Player in IDC MarketScape for Worldwide Cloud Professional Services

Rhea-AI Summary

Perficient (Nasdaq: PRFT) has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment. This recognition highlights Perficient's extensive cloud capabilities, technical expertise, and global delivery network. The company's Envision Framework, migration and modernization skills, and partnerships with leading cloud providers are key factors in their success. The IDC MarketScape report emphasizes Perficient's client-focused approach and robust strategy for reducing client churn, noting its ability to adapt and add value through its nearshore model and cloud operations playbook. Perficient's holistic approach to cloud strategy aims to drive measurable business outcomes for its customers.

Positive

• Perficient named a Major Player in IDC MarketScape for Worldwide Cloud Professional Services 2024.
• Recognition highlights Perficient's extensive cloud capabilities and technical expertise.
• Key factors for success include Envision Framework, migration and modernization skills, and strong partnerships with leading cloud providers.
• IDC MarketScape report notes Perficient's robust strategy for reducing client churn.
• Perficient's nearshore model and cloud operations playbook add significant value for clients.

Negative

• None.

ST. LOUIS--(BUSINESS WIRE)-- Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced that it has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment (Doc #US51406224, June 2024).

The IDC MarketScape evaluated cloud professional services providers, creating a framework for comparing vendors’ product and service offerings, capabilities and strategies, and factors influencing current and future market success. Perficient believes being recognized as a Major Player in this report acknowledges the scope of its cloud capabilities, its industry and technical acumen, and its network of global delivery centers.

“We’re honored to be recognized as a Major Player in this IDC MarketScape Report, a distinction we believe highlights our holistic approach to cloud strategy and our implementation expertise,” said Glenn Kline, area vice president, Perficient. “We combine our Envision Framework, migration and modernization expertise, and our strong network of partnerships with leading cloud providers to drive measurable business outcomes for our customers. Our Agile-ready global team enables businesses to think big, start small, and act fast so they can scale their cloud ecosystem over time and deliver on the outcomes promised by cloud computing.”

According to the IDC MarketScape, businesses should “consider Perficient if [they] are looking for a midsized cloud services provider that can combine client intimacy with industrial-strength capabilities in technology transformation and experience design and build.” The IDC MarketScape also notes Perficient’s global managed services group as having “developed a cloud operations playbook as a templated accelerator used for guiding clients on how to operate in the cloud.”

“In our evaluation of Perficient for the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment, it was evident that Perficient has a well-articulated strategy for lowering client churn,” said Gard Little, vice president of global services markets and trends, IDC. “Client feedback indicated that Perficient was able to easily adapt to changes and its nearshore model provided great value.”

Cloud has evolved from a core technology platform to a disruptive ecosystem of strategic advantage, representing a primary driver for business transformation and growth. Perficient’s cloud consulting practice blends strategy expertise and scale to help businesses address current challenges and build a competitive edge in the market. For more information about Perficient’s cloud expertise, follow us on social media.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology providers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Perficient

Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers’ expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world’s largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. For more information, visit www.perficient.com.

Safe Harbor Statement

Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2024. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on management’s current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. Actual events or results may differ substantially. Important factors that could cause our actual results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading “Risk Factors” in our most recently filed annual report on Form 10-K and other securities filings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240701721168/en/

Connor Stieferman, Communications Manager

314-529-3595

Connor.Stieferman@perficient.com

Source: Perficient, Inc.

FAQ

What recent recognition did Perficient (PRFT) receive?

Perficient was named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment.

Why was Perficient (PRFT) recognized as a Major Player in the IDC MarketScape?

Perficient was recognized for its extensive cloud capabilities, technical expertise, Envision Framework, migration and modernization skills, and strong partnerships with leading cloud providers.

What does the IDC MarketScape say about Perficient's (PRFT) client-focused approach?

The IDC MarketScape highlights Perficient's robust strategy for lowering client churn and its ability to adapt to changes, adding great value through its nearshore model and cloud operations playbook.

How does Perficient (PRFT) drive business outcomes for its cloud clients?

Perficient drives business outcomes by combining its Envision Framework with migration and modernization expertise, and leveraging a strong network of partnerships with leading cloud providers.