| Market Capitalization (Millions $) |
682 |
| Shares
Outstanding (Millions) |
85 |
| Employees |
4,961 |
| Revenues (TTM) (Millions $) |
415 |
| Net Income (TTM) (Millions $) |
5 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
16 |
Business Description
Grid Dynamics is a rising star in Fortune 1000 enterprise-level digital transformations. Grid Dynamics works closely with enterprises that create innovative digital products and experiences to provide digital transformation initiatives that include strategy consulting, early prototype development, and enterprise-scale delivery of new digital platforms. Grid Dynamics has been at the forefront of digital transformation since its inception in 2006 in Menlo Park, California, as a grid and cloud consultancy firm. Working on big ideas like cloud migrations, DevOps, microservices, big data, and artificial intelligence ("AI") is our specialty. Grid Dynamics quickly established itself as the go-to provider for technology and digital enterprise firms.
As a leading global digital engineering and information technology ('IT') services provider with its headquarters in Silicon Valley and engineering centers in the United States, Mexico and multiple European countries, Grid Dynamics' core business is to deliver focused and complex technical consulting, software design, development, testing and internet service operations. Grid Dynamics also helps organizations become more agile and create innovative digital products and experiences through its deep expertise in emerging technology, such as AI, data science, cloud computing, big data and DevOps, lean software development practices and a high-performance product culture.
Grid Dynamics believes that the key to its success is a business culture that puts products over projects, client success over contract terms and real business results over pure technical innovation. By leveraging Grid Dynamics' proprietary processes optimized for innovation, emphasis on talent development and technical expertise, Grid Dynamics has been able to achieve significant growth. In December of 2020 and May of 2021 Grid Dynamics acquired Daxx Web Industries B.V. ('Daxx') and Tacit Knowledge Inc. ('Tacit'), respectively. These two acquisitions diversified our geographical presence, client base, and industry vertical presence.
Grid Dynamics has a strong presence in the digital technology sector, particularly among analytics, SaaS and platform vendors which are driven by a constant need for innovation. Grid Dynamics' long-lasting expertise in complex open-source technology and in building massively scalable distributed systems, the company-wide culture of agile co-creation as well as a deep understanding of digital commerce have enabled Grid Dynamics to build strong business relationships with the leading players in this sector. For example, Grid Dynamics has been providing software engineering, continuous delivery and deployment automation, machine learning, internal tool development and quality engineering services to one of the largest cloud services providers, becoming one of their key technological services partners.
Retail
By utilizing Grid Dynamics' deep expertise in the digital retail space and providing a mix of consulting and engineering services, Grid Dynamics enables its clients to win market share, shorten time to market and reduce costs of digital operations. For example, Grid Dynamics has worked closely with a large U.S. retail company over a span of many years to develop a strategic omnichannel transformation program and became a key contributor to the development of a new omnichannel platform including consumer experience, product discovery, analytics and inventory optimization.
Company Address: 6101 Bollinger Canyon Road San Ramon 94583 CA
Company Phone Number: 523-5000 Stock Exchange / Ticker: NASDAQ GDYN
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