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Thoughtworks

Global tech consultancy for digital transformation

Overview

Thoughtworks is a global technology consultancy that helps organizations modernize and innovate by combining strategy, design, and software engineering. They work with clients to create adaptable technology platforms, digital products, and data- and AI-enabled solutions through tailored engagements. Their model centers on consultancy services, delivering project-based work, retainer arrangements, and long-term partnerships to implement custom software, modernize legacy systems, and execute data-driven strategies. Distinguishing factors include a 30-year track record, a broad, cross-industry client base, and an emphasis on end-to-end transformation rather than just technology delivery. The company's goal is to help clients thrive in the digital age by enabling sustainable growth and competitive advantage through integrated strategy, design, software, and analytics.

Significant Headcount Growth

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About Thoughtworks

Simplify's Rating
Why Thoughtworks is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareAI & Machine Learning

Company Size

10,001+

Company Stage

IPO

Headquarters

Chicago, IL

Founded

1993

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What believers are saying

  • September 22, 2026 SulAmérica hired Thoughtworks for core system modernization in Brazil.
  • July 14, 2026 Thoughtworks expanded Technology Advisory, adding John Elliott and Teneo partnership.
  • Anthropic and Databricks partnerships position Thoughtworks for enterprise AI implementation demand through 2027.

What critics are saying

  • September 16, 2026 Apax settled Thoughtworks buyout litigation for $31 million.
  • S&P downgraded Thoughtworks to B on March 31, 2026, citing execution risks.
  • Accenture, EPAM, and AI-native consultancies commoditize delivery, risking Thoughtworks' relevance by 2027.

What makes Thoughtworks unique

  • Thoughtworks pairs strategy, engineering, and AI across modernization and agentic systems.
  • August 19, 2026 Anthropic named Thoughtworks a Claude Select Services Partner.
  • June 16, 2026 Agent/works unified governed multi-cloud runtime, controls, and spend management.

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Funding

Total Funding

$1.5B

Above

Industry Average

Funded Over

2 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
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Benefits

  • Hybrid Work Options
  • Professional Development Budget
  • Flexible Work Hours

Stock Price

Growth & Insights and Company News

6 month growth

6%

1 year growth

6%

2 year growth

5%
Thoughtworks
Oct 22nd, 2026
Thoughtworks positioned as a Visionary in the 2026 Gartner(R) Magic Quadrant(TM).

Thoughtworks positioned as a Visionary in the 2026 Gartner(R) Magic Quadrant(TM). for Custom Software Development Services October 22, 2026 - Chicago Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, today announced it has been positioned in the Visionaries quadrant in the 2026 Gartner(R) Magic Quadrant(TM) for Custom Software Development Services. "To us, being positioned as a Visionary in the 2026 Gartner Magic Quadrant reflects our commitment to pioneering the next era of software engineering," said Mike Sutcliff, Chief Executive Officer, Thoughtworks. "By combining our platform-powered delivery model, anchored by our AI/works(TM) platform and Agent/works(TM) control plane, with our 3/3/3 methodology, we help enterprise leaders go from idea to working software in weeks. We enable global organizations to move beyond AI experimentation and execute complex, cloud-native modernizations with speed and technical rigor." Thoughtworks' 3/3/3 methodology is designed to define, prototype and build working software within weeks, so clients can see tangible results before committing to a full build. AI/works(TM) is its AI-powered delivery platform, and Agent/works(TM) is the control plane for governing AI agents across the software lifecycle. Both are supported by a strategic co-innovation ecosystem that includes partnerships with NVIDIA and Mechanical Orchard. Gartner evaluated 20 vendors for its report on the custom software development services market, which it defines as "custom software development (CSD) services as professional services engaged by organizations to design, build, modernize and continuously evolve custommade applications and software products tailored to specific business requirements, user experiences and operational contexts." Supporting resources: * Learn more about Thoughtworks' Agentic Development Platform, AI/works(TM). * Follow Thoughtworks on X, LinkedIn and YouTube. Gartner disclaimer Gartner, Magic Quadrant for Custom Software Development Services, Jaideep Thyagarajan, Ryan McKinney, Nathan Davie, October 5, 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expresses or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. About Thoughtworks Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. ThoughtWorks, Inc. is over 10,000 Thoughtworkers strong across 18 countries. For 30+ years, ThoughtWorks, Inc. has delivered extraordinary impact together with its clients by helping them solve complex business problems with technology as the differentiator. Media Contact James Clive-Matthews Global Head of PR, Editorial and Content Operations Email: [email protected]

iTWire
Oct 19th, 2026
Thoughtworks recognised as 2026 Australian Good Design Award Winner for reimagining the Kayo SPORTS mobile experience.

Thoughtworks recognised as 2026 Australian Good Design Award Winner for reimagining the Kayo SPORTS mobile experience. COMPANY NEWS: Thoughtworks, a global technology consultancy integrating design, engineering and AI to drive digital innovation, today announced it has been recognised as a 2026 Australian Good Design Award Winner in the Digital Design (Apps and Software) category for its work with Kayo SPORTS, Australia's leader in sport streaming. The prestigious accolade was awarded for reimagining the streaming experience for millions of sports fans, tackling the critical challenge of modernising legacy, TV-first interactions for a modern, mobile-native audience. In a hyper-competitive subscription streaming market where user engagement is the primary driver of success, Kayo SPORTS recognised the need to evolve its platform and make it fit for purpose with the way users were engaging with content on mobile. To meet the expectations of modern sports fans and maintain its market leadership, Kayo SPORTS partnered with Thoughtworks to transform its mobile app into a deeply personalised, highly engaging and scalable ecosystem. "Kayo is an iconic sports brand, so evolving the mobile experience meant building on what fans already loved while creating something purpose-built for how they watch sport on the go," said Jardian Ormsby, Kayo SPORTS Director of Product. "Our design was guided by two principles: reflecting the passion and tribalism fans feel for their favourite players, teams and sports and meeting them wherever they are, on whatever device they're using. Working with Thoughtworks, we brought this vision to life, creating an award-winning app designed to evoke excitement, anticipation, belonging and connection. This award recognises the talented teams behind the experience and reinforces that great product design is about not just what customers can do, but how we make them feel." The 9-month design and engineering engagement successfully overhauled the app's homepage, video player, browse capabilities, onboarding flows and the underutilised Fixtures page (interactive TV guide and schedule hub). By transitioning away from TV-style features in favor of swipe gestures, tap-to-watch functionality and short-form content, the redesign directly targeted the viewing habits of modern mobile audiences, ensuring fans no longer needed to rely on multiple sources to plan their viewing. "The Kayo SPORTS app is an iconic digital product in Australia, but to ensure continued relevance for its target audience, the platform needed more; it required a fundamental shift toward mobile-native behaviours and a highly scalable architecture," said Nic Smythe, Director of Customer Experience, Product & Design at Thoughtworks APAC. "By combining rapid, high-fidelity prototyping with a deep technical modernisation, we were able to deliver a unified, cross-platform experience that not only delights fans today but sets the foundation for Kayo SPORTS' future innovations." Key elements of the successful delivery included: * High-fidelity prototyping and visualisation: Using Figma-based prototypes and UX walkthroughs that allowed tech, product and content teams to visualise complex animations, micro-interactions and in-app streaming before final requirements were set. * Scalable cross-platform design system: The creation of a scalable foundation featuring over 50 bespoke sports icons and reusable custom components to ensure consistent branding and dynamic state handling (pre-game, live, post-game) across mobile, TV and web. * Robust technical modernisation: Complete technical modernisation for a fluid cross-platform experience, engineered with smart data handling that ensures the app stays stable during massive live sports traffic spikes. * Future-ready AI concepts: Exploratory AI features, including a live game companion, were designed to demonstrate Kayo SPORTS' future value and tech capabilities. The Australian Good Design Awards, celebrating design excellence since 1958, present the 'Green Tick' accolade to entries that meet rigorous evaluation criteria and exemplify best practice design. By integrating deep customer experience strategy with complex technical modernisation and AI-ready concepts, Thoughtworks and Kayo SPORTS have built a resilient, mobile-first streaming application capable of defining the next era of sports entertainment. Moving beyond isolated innovation, the platform is now fully equipped to deliver AI that works, with a scalable, data-ready foundation that will enable them to turn exploratory concepts into real, measurable value for the fans.

Thoughtworks
Oct 16th, 2026
Why executive judgment decides who wins with AI.

Why executive judgment decides who wins with AI. Published: October 16, 2026 At the Thoughtworks and Amazon Web Services (AWS) inaugural Technology Leaders Forum in New York City, CIOs, CTOs and senior technology leaders gathered to work through a question too many organizations still answer badly: now that AI has made outputs abundant, why hasn't value followed? Alex Moore, Thoughtworks' VP of AI Solutions, used his keynote, "Use your best judgment: how organizations are realizing compounding returns with agents," to argue that the answer has little to do with model quality or token prices. It's all about judgment: the scarcest resource in any AI-first organization, and the one most leaders are depleting without noticing. Alex's team surveyed more than 200 delivered AI use cases, strategies and roadmaps to find what separates programs that compound from programs that merely grow cost. The patterns, he told attendees, are consistent enough to act on today. The Petrov problem. Alex opened with Stanislav Petrov, the Soviet officer who in 1983 was told his nation's detection systems had identified five incoming US missiles. Protocol called for him to escalate toward retaliation. He didn't, because the data didn't match his judgment: a real first strike wouldn't look like five missiles, and the system was too new to trust completely. He was right. The data was wrong. His point drew a straight line to this year's Hugging Face breach, in which an autonomous agent swarm took more than 17,000 actions against the company with no human on the attacking side to slow it down. When defenders tried to use Claude Opus to understand what was happening, the model's own safety guardrails flagged their defensive prompts as malicious. There was no one to escalate to, on either side, fast enough to matter. As AI systems act at machine speed, human judgment becomes the thing standing between a sound decision and a catastrophic one. Most organizations haven't built the muscle to protect it. Three questions, and an accountability gap. Alex highlighted three questions that come up constantly in client conversations: * What should people and experts own in an AI-first organization? * What capabilities must a business own end-to-end? * How do you actually maximize return on AI investment? The research behind the first question is sobering. Across the datasets cited, roughly 90% of organizations can't name who is accountable for a given agent's behavior. About four in five lack clear rules of engagement defining what their agents are allowed to do unsupervised. A third override AI outputs case by case, with no formal criteria for when or why. The result, as found in its 2026 Global CIO Survey 2026, is that two-thirds of CIOs and CTOs are accountable for AI systems they don't actually control. Alex's prescription was three rules: 1. People must own unwritten decisions the first time they're made. 2. Those decisions must become the policy and guardrails that govern the next one. 3. Because conditions keep changing, trust has to sit with the experts closest to the work, with the tools to override the system when the data doesn't add up. Owning what matters, renting the rest. On capability ownership, Alex pointed to the unfolding dispute between OpenAI and mathematicians who allege their unpublished work was used to solve a 200-year-old problem, as a warning about intellectual property exposure. A recent Cisco study found 77% of organizations name IP protection as a top AI concern, but only about half have contractual terms in place to secure it. His advice wasn't to avoid frontier models. It was to deliberately choose a posture, whether renting frontier access through an API, routing traffic through a governed gateway, diversifying into open-weight models for stable workloads, or owning hardware outright for the most sensitive work - and to revisit that choice constantly, since the economics of any single use case shift with the market. The judgment line. Perhaps the most useful framework Alex shared was what he called the judgment line: the point in any business process where standard operating procedures run out and a case becomes genuinely bespoke. Today, people handle nearly everything above that line, often because the data needed to automate it never got captured in the first place. Programs that succeed, the research found, tend to share a few traits: outcomes a human can verify, fast feedback on whether something worked and gated generation, a mechanism where a machine checks the model's output before it ever reaches a system of record. Conversely, programs that fail share opposite traits: no clear definition of a good outcome, and agents left to invent their own objectives with no one measuring the result. Applied well, this discipline shows up directly in the numbers: organizations that build this kind of tiered, checked workflow into their software delivery lifecycle have seen coding price-performance improve by 50% to 80%, and delivery speed up by as much as 82%. The critical patterns. Alex's research also turned up a short list of use-case shapes that recur in the programs that succeed. Three were close to universal: adversarial ground truth, where an opponent such as a fraudster, attacker or spammer supplies the labels continuously and for free; queue prioritization, where a machine orders the work but a person still decides every case; and gated generation, where output must pass a machine that can refuse it before anyone looks. These are really one idea three times. Something outside the program decides whether a unit of work is correct, and nothing reaches the system of record until it is. A second tier of 10 patterns is less glamorous and mostly about making new use of data and tooling already in place, such as instrumented perception, in-line quality inspection, protocolized alerting and "abandoned work" that was never worth attempting at human cost. Because the data predates the model purchase, the returns are easy to prove. At the other end, seven patterns, including cognitive offload, drafting under a named approver and open-ended agentic autonomy, tend to fail the same two ways. No one can say whether an individual output was right, so the loop never closes, and no one measured what "good" looked like to begin with. They aren't off limits, but they are ones to enter with eyes open. The takeaway. Alex's final question cut straight to the point: now that you have the questions, what's your next move? For an audience under intense pressure to show AI results to the board, even as governance lags behind, this closing line outlined the tough task ahead. Recommended insights.

PR Newswire
Oct 5th, 2026
Expand Energy selects Thoughtworks to scale AI across the enterprise.

Expand Energy selects Thoughtworks to scale AI across the enterprise. Oct 05, 2026, 08:00 ET Engagement combines AI strategy, enterprise AI platform development and production deployment to help Expand Energy scale AI across the business. CHICAGO, Oct. 5, 2026 /PRNewswire/ - Thoughtworks, a global technology consultancy that integrates design, engineering and artificial intelligence (AI) to drive digital innovation, today announced that Expand Energy (NASDAQ: EXE), the largest independent natural gas producer in North America, has selected the consultancy as its strategic partner to design and build an enterprise-wide AI capability. The multi-phase engagement covers AI strategy, use case prioritization, machine learning (ML) platform implementation, and the delivery of a production-ready solution aligned to Expand Energy's long-term strategic priorities. Expand Energy operates across exploration and production as well as energy marketing, areas with significant opportunity to unlock value through AI. Seeking to move beyond isolated pilots toward a coordinated, enterprise-scale approach, Expand Energy selected Thoughtworks to help connect strategy, platform development and delivery in a single program. The company's objective is to identify the highest-value AI opportunities across the business, build the capabilities required to support them, and deploy a production solution by the end of 2026. "AI has the potential to create value across multiple areas of our business, but realizing that value requires more than individual projects," said Josh Viets, executive vice president and chief operating officer at Expand Energy. "We selected Thoughtworks because of its ability to connect strategy, technology and delivery in a single engagement. Together, we're building the foundations needed to identify, deploy and scale AI solutions that support our long-term business objectives." As organizations move beyond AI experimentation, many are finding that continued success depends on the underlying platforms, governance and operating models that support adoption at scale. The engagement is designed to help Expand Energy build those foundations while delivering measurable business outcomes. Thoughtworks will lead the engagement across three connected workstreams: * AI strategy and opportunity prioritization: Thoughtworks will work with business and technical stakeholders across Expand Energy to identify, evaluate and prioritize high-value AI opportunities aligned to the company's strategic objectives. * Enterprise AI foundations: Thoughtworks will design and begin implementing the data, platform and governance capabilities needed to support AI adoption at scale across the organization. * Solution delivery and enablement: Thoughtworks will build and deploy a high priority AI solution, establish an operating model for ongoing AI delivery, and enable Expand Energy teams to adopt and scale AI responsibly. Unlike traditional AI programs that separate planning from implementation, Thoughtworks' approach combines strategy and delivery from the outset to create AI that works. Early-stage proof-of-concept development generates real-world insight into data readiness, integration requirements, adoption challenges and business value, allowing the roadmap and operating model to evolve based on evidence rather than assumptions. "This engagement reflects a challenge we're seeing across all industries: organizations want to move from isolated AI experiments to agentic AI that delivers business value," said Manish Sateeja, senior vice president and head of automotive and manufacturing for North America at Thoughtworks. "Expand Energy has the leadership commitment, domain expertise and ambition to make that transition. This work creates the operational backbone required to scale agentic AI directly into business operations and deliver value." The engagement draws on Thoughtworks' track record delivering AI strategy and enterprise ML platform programs across data-intensive industries including energy, financial services, life sciences, and global market research. The firm brings experience spanning end-to-end AI capability buildouts, MLOps platform implementations, responsible AI governance, and large-scale workforce AI enablement. Supporting resources: * Learn more about Thoughtworks' Data & AI capabilities. * Discover Thoughtworks' Agentic Development Platform, AI/works(TM). About Thoughtworks Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 people strong across 47 offices in 18 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology and culture as the differentiator. About Expand Energy Expand Energy Corporation (NASDAQ: EXE) is North America's largest natural gas producer, powered by dedicated and innovative employees focused on expanding the value of natural gas by connecting scale to growing markets. Expand Energy's returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its advantaged portfolio, financial strength and operational excellence. Expand Energy is committed to expanding America's energy reach to fuel a more affordable, reliable, lower carbon future. Media contacts: SOURCE Thoughtworks

Thoughtworks
Sep 22nd, 2026
Thoughtworks supports SulAmérica's digital transformation through critical systems modernization.

Thoughtworks supports SulAmérica's digital transformation through critical systems modernization. September 22, 2026 - São Paulo Project leverages artificial intelligence to modernize core technology systems, increasing agility, efficiency and innovation. Thoughtworks, a global technology consultancy that combines design, engineering and artificial intelligence (AI) to drive digital innovation, has been selected by SulAmérica, one of the largest insurance companies in Brazil, to modernize its core technology infrastructure. The project aims to accelerate the insurer's digital transformation by enhancing its ability to update systems, integrate new solutions and introduce new capabilities for customers and partners in a market increasingly shaped by artificial intelligence, data and open insurance. The initiative will focus initially on SulAmérica's mainframe environment, which supports the insurer's core business processes. The partnership will modernize the platform gradually and strategically without disrupting ongoing operations. "Modernizing core systems requires a balance of security, strategic vision and proven execution," said Viviana Tobar, vice president of markets, banking, financial services and insurance at Thoughtworks Latin America. "Our role is to guide SulAmérica through this transition, using artificial intelligence to better understand its existing environment and accelerate innovation in a responsible way." The multi-phase project begins with a comprehensive assessment of SulAmérica's technology ecosystem to map systems, dependencies, risks and priorities. Thoughtworks will then develop a Minimum Viable Modernization (MVM), a technical proof-of-concept that demonstrates how legacy systems can be updated incrementally with controlled risk and early, actionable insights. Throughout the project, AI will accelerate the analysis of legacy code and system architecture. By automating discovery, AI helps make the overall transformation faster, clearer and easier to execute. Partnership backed by legacy systems expertise The initiative includes collaboration with Mechanical Orchard, a specialist in legacy system modernization. This partnership combines Thoughtworks' expertise in digital transformation, software engineering and AI with Mechanical Orchard's deep technical knowledge of legacy infrastructure. For SulAmérica, this project supports a broader digital strategy. To continuously enhance its health, insurance and wellness platforms, the insurer requires a flexible, integrated technology foundation designed to adapt to emerging market demands. "We have a strong track record of leveraging technology to support our operations and enhance the experience we provide to customers. This partnership represents another step in that evolution, creating the conditions to modernize critical systems securely, with careful planning and a focus on innovation," said Paulo Henrique dos Santos Rodrigues, head of platform engineering at SulAmérica. Greater agility to evolve digital products and services As the project progresses, modernization is expected to drive efficiency gains, reduce technological complexity and increase agility in the development of new solutions. Over time, these upgrades will enhance SulAmérica's ability to launch products, integrate partners and deliver simpler, personalized experiences to its more than 7 million customers. The partnership comes at a time of significant transformation in Brazil's insurance sector. The expansion of Brazil's open insurance framework, which promotes greater data sharing and integration across the insurance market, along with advances in AI and growing demand for digital services, has led companies across the industry to rethink their technology foundations. "In this context, modernizing critical systems has become a strategic priority for companies seeking to maintain operational reliability while increasing their capacity to innovate," said Paulo Henrique. Legacy modernization is no longer just a technical challenge, but a primary driver of business competitiveness. "By modernizing its technology foundation, an organization can preserve system stability while unlocking new opportunities for innovation. In the insurance sector, this balance is critical for responding to a market that is increasingly digital, integrated and data-driven," said Tobar. About Thoughtworks Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. ThoughtWorks, Inc. is over 10,000 people strong across 47 offices in 18 countries. For 30+ years, ThoughtWorks, Inc. has delivered extraordinary impact together with its clients by helping them solve complex business problems with technology and culture as the differentiator. Media Contact Marsh Abraham Head of Public Relations, Americas Email: [email protected]

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