Perficient Inc 's

The market for the company's services is competitive and characterized by low barriers to entry. Competitors include global consulting firms such as Accenture, Deloitte Consulting, EPAM Systems, Globant, and Endava; in-house professional services organizations of software companies; offshore providers including Infosys Limited, Cognizant, and Wipro Limited; small local consulting firms operating in limited geographic regions; and boutique consulting firms. Key competitive factors include domain expertise, track record and customer references, partner networks with leading technology companies, quality of proposed solutions, service quality and performance, efficiency, reliability, scalability, software platform features, and the ability to implement solutions quickly and respond promptly to customer needs. The company anticipates ongoing competition from offshore and nearshore outsourcing and development companies, some of which have longer operating histories, larger client bases, greater name recognition, and significantly greater financial, technical, and marketing resources.