CES

IT Services and Business Process Outsourcingcesltd.com

Company typePublic
Founded1996
HeadquartersBolingbrook, United States
Headcount1,001–5,000
GTM typeB2B
OfferingServices

CES firmographics

Firmographics

Name: CES
Legal name: CES Limited
Website: https://cesltd.com
Company type: Public
Founded year: 1996
Operating status: Operating
Headcount range: 1,001–5,000 employees
Ownership category
akta.pro rank

CES industry classification

Industry

Product category: IT Services and Business Process Outsourcing
NAICS: Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Other Computer Related Services (541519)
SIC: Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
akta.pro primary industry: Enterprise Architecture & IT Operating Model (BPAHAEAB)

Keywords

IT consulting services
Business process outsourcing
Enterprise AI solutions
Digital transformation services
Managed IT services

Where CES is headquartered

Location

Headquarters

HQ city: Bolingbrook
HQ country: United States
HQ region: North America

Offices14 records

Markets served

CES business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

Professional Services - IT Consulting: Project-based technology consulting and implementation services including ERP implementations (Oracle, SAP, Salesforce, Workday), digital transformation, cloud migration, and managed services. Revenue generated through time & materials or fixed-price project engagements.
Managed Services: Ongoing managed IT and operations support including application maintenance, cloud support, cybersecurity, 24x7 helpdesk, and infrastructure management. Recurring revenue through long-term contracts.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

CES product offering

Product offering

Core offering

CES Limited is a global IT and business process management services company that delivers enterprise AI services, Finance & Accounting business process outsourcing, digital transformation, managed IT, and enterprise application consulting (Oracle, SAP, Salesforce, Workday). The company serves Fortune 500 clients across financial services, healthcare, manufacturing, retail, and other verticals through a dual-shore delivery model with India delivery centers and US client-facing teams. Its proprietary Lumi platform provides memory-aware multi-agent AI coworker capabilities, and the SMART framework (Support, Modernize, Automate, Reinforce, Transform) structures all client engagements.

Product overview

CES (formerly CES Limited) is a global Technology and Business Process Modernization (BPM) services provider operating a multi-offering portfolio. The core product is Lumi, a memory-aware AI coworker platform for multi-agent team workflows. The portfolio spans AI Services (Agentic AI Systems, AI Infrastructure & Accelerators, AI Strategy & Governance, Digital Workforce, MLOps & AI Engineering, Predictive & Decision Intelligence), Business Services (Finance & Accounting, Fund Accounting, HR & Payroll, Fraud Prevention, Procurement, Tax & Treasury), Digital Transformation (Cloud Migration & Integration, Data Engineering & Analytics, Industry 5.0, Product Engineering, Testing & Automation), Managed Services (Site Reliability Engineering, Cybersecurity, IT Infrastructure, Network Support, 24x7 Helpdesk), and Enterprise Applications (Oracle, SAP, Salesforce, Workday, ZOHO, Netsuite consulting). The SMART framework (Support, Modernize, Automate, Reinforce, Transform) underpins all service delivery.

Differentiator

Problem solved

Functional benefit

Brands

Lumi: Memory-aware AI coworker for multi-agent team workflows. Built in Rust and GPUI, Lumi brings memory, workflows, analytics, and multi-agent execution into a single runtime. Features include coordinated agents, persistent memory, team workspaces, AI personas, sprint workflows, and execution analytics.

Products and services

Lumi
AI Services
Business Process Outsourcing Services
Digital Transformation Services
Managed IT Services
Oracle Cloud Integration Services
SAP Implementation Services
Salesforce Consulting Services
Workday Consulting Services

Quantifiable outcome

30-40% faster LMS modernization with Engineering.AI
+7 more outcomes

Companies that use CES

Customer profile

Named customers7 records

Segments9 records

Ideal customer profiles1 record

CES technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration16 records

AI capability13 records

Feature3 records

CES partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core.

OraclecoreTechnology or IntegrationOracle partner for implementation services including Oracle Cloud ERP, Oracle Fusion Cloud, Oracle OTM, Oracle Digital Assistant. CES delivers Oracle implementations across various modules including Financials, Supply Chain, and Manufacturing.
SAPcoreTechnology or IntegrationSAP implementation partner providing SAP S/4HANA migration, SAP Business transformation, and related consulting services.
SalesforcecoreTechnology or IntegrationSalesforce consulting partner for CRM implementation, customization, and integration services across industry verticals.
WorkdaycoreTechnology or IntegrationWorkday consulting partner for financial management and human capital management implementations.
MicrosoftcoreTechnology or IntegrationTechnology partner for Azure cloud services, Power Platform, Dynamics 365, and related Microsoft technology implementations.
GartnercoreOthersRecognized as Niche Player in Gartner Magic Quadrant for Finance & Accounting BPO for 2023 and 2024, providing market validation and credibility.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

CES competitors and assessment

Company assessment

Direct peers

Genpact: Genpact is a global professional services and digital transformation company with deep F&A BPO and finance transformation capabilities. It is the most direct comparator to CES — operating a similar dual-shore model, recognized in the same Gartner Magic Quadrant for F&A BPO, and serving enterprise CFOs with automation and AI services.
WNS Holdings: WNS is an India-headquartered BPM and IT services firm specializing in F&A, analytics, and industry-specific process outsourcing. Comparable to CES in vertical focus (asset management, healthcare, manufacturing), delivery model (offshore-led), and Gartner-evaluated F&A BPO positioning.
Hexaware Technologies: Hexaware is a mid-size Indian IT services and automation firm offering digital transformation, cloud, and enterprise application services. Comparable to CES in scale, target customers, and dual-shore delivery model, with overlap in Oracle/Salesforce implementation work.
Mphasis: Mphasis is an India-based IT services company with strong enterprise application and cloud transformation capabilities, serving Fortune 500 clients in financial services and manufacturing. Closely comparable to CES in service mix (ERP, cloud, AI-led modernization), target verticals, and dual-shore delivery.
ITC Infotech: ITC Infotech is a mid-size global IT services and solutions provider offering digital transformation, enterprise applications, and BPO services. Similar in scale, India-led delivery model, vertical focus, and Oracle/Salesforce implementation practice to CES.

Broad incumbents

Infosys: Infosys is one of the largest Indian IT services firms offering end-to-end digital transformation, ERP implementation, AI services, and managed services to global enterprises. A broad incumbent comparator to CES — overlapping on every service line CES offers but operating at vastly greater scale, brand, and analyst recognition.
Tata Consultancy Services (TCS): TCS is the largest Indian IT services firm, with deep capabilities across ERP, cloud, AI/automation, BPO, and industry-specific transformation. A broad incumbent competitor to CES for Fortune 500 enterprise application, F&A BPO, and digital transformation deals — competing on scale, brand, and breadth rather than niche specialization.
Wipro: Wipro is a major global IT services and consulting firm with extensive Oracle/SAP/Cloud capabilities and F&A BPO services. Comparable to CES across the full services portfolio, but operating as a broad incumbent at much larger scale and with deeper consulting and transformation credentials.

Emerging players

Coforge: Coforge (formerly NIIT Technologies) is an India-based mid-market IT services firm focused on digital transformation, cloud, and AI-led modernization for financial services, manufacturing, and healthcare. Comparable to CES in scale, vertical mix, and dual-shore delivery with a stronger recent tilt toward AI-led services.
Persistent Systems: Persistent Systems is a mid-size Indian IT services firm specializing in digital engineering, cloud, and enterprise application services for global enterprises. Comparable to CES in mid-tier positioning, target verticals (financial services, healthcare, manufacturing), and growing AI-led service portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

CES compliance and trust

Trust signal

Compliance7 records

CES financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CES leadership team

Management profile

Number of profiles

Profiles20 records

CES subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

CES funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CES M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CES

What does CES do?

Is CES a public or private company?

CES is a public company. It is classified as public and is currently operating.

When was CES founded?

CES was founded in 1996. It employs 1,001 to 5,000 people.

Where is CES based?

CES is headquartered in Bolingbrook, United States, in the North America region.

How does CES make money?

Two revenue lines are on record. Professional Services - IT Consulting is the primary driver. The others are managed Services.

Who are CES's main competitors?

Direct peers on record are Genpact, WNS Holdings, Hexaware Technologies, Mphasis and ITC Infotech. Broad incumbents are Infosys, Tata Consultancy Services (TCS) and Wipro. Emerging players are Coforge and Persistent Systems.

Does CES have an API?

Yes. CES exposes a public API. Developer documentation is at github.com/CES-Ltd/Lumi.

What industry is CES in?

CES's product category is IT Services and Business Process Outsourcing. Its primary akta.pro industry code is BPAHAEAB, Enterprise Architecture & IT Operating Model. Its NAICS code is 54151 and its SIC code is 7370.