What Xceed Group does

Xceed Group is a London-based, privately held technology consultancy founded in 2008 that specializes in implementing large IT transformation programmes. The firm operates with 51-100 employees and serves enterprise clients requiring delivery support on complex technology change initiatives, as indicated by its leadership bench spanning a Chief Executive Officer (John Casserly), strategic development director (Reza Maghsoudnia), managing director (Andy Boyes), and head of digital transformation (Sridhar Vedala).

The company's revenue model is professional services-based, typical of boutique transformation consultancies: project or programme-based engagements, time-and-materials or fixed-fee billing, and direct enterprise sales. Specific service line granularity, pricing structure, named clients, and revenue figures are not disclosed in the input data, leaving the precise operating model partially evidenced.

A notable data quality issue affects this record: the aggregated source material contains extensive operational, financial, and product detail about Wavestone — a 6,000+ employee, Paris-headquartered, Euronext-listed consulting firm with €696M FY2024/25 revenue and operations across 17 countries. The relationship between Xceed Group and Wavestone is not explicitly stated in the input, but the overlap (UK presence, IT consulting, transformation focus) raises the possibility of an acquisition, subsidiary, or data-aggregation linkage that should be verified before drawing investment conclusions.

Name

Xceed Group

Legal name

Wavestone

Website

https://xceedgroup.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Xceed Group is a London-based, privately held UK technology consultancy founded in 2008 that specialises in implementing large IT transformation programmes for enterprise clients, operating with 51-100 employees under a small senior leadership team.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Management Consulting Services (54161), Computer Systems Design Services (541512)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)

akta.pro primary industry

Business Process & Digital Transformation Consulting (BPAEAAAD)

akta.pro secondary industry

ITSM Platform Implementation & Administration (ServiceNow/JSM/BMC/etc.) (BPAEAJAC)

Keywords

• IT transformation consulting
• Technology consultancy
• Program management
• Digital transformation services
• Enterprise IT advisory

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Management Consulting Services: Wavestone generates revenue through professional consulting services including strategy consulting, digital transformation, technology implementation, and operational advisory. Revenue is project-based and typically structured as fixed-fee or time-and-materials engagements with enterprise clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Xceed Group is a technology consultancy that specialises in implementing large IT transformation programmes for enterprise clients. The firm delivers consulting services across strategy, program leadership, and digital change execution, supporting organisations undertaking complex technology initiatives.

Product overview

Wavestone is a management and technology consulting firm offering a comprehensive portfolio of consulting services organized into three main categories: Tech-driven capabilities (Artificial Intelligence & Data, Cybersecurity, Industry 5.0 & IoT, IT Strategy & CTO Advisory, SAP Consulting, and Software Development & Integration), Transformation capabilities (Business Strategy, Compliance/Risk/Resilience, Customer Experience/Marketing/Innovation, Finance/Procurement/HR, Operating Model Design, Organization Effectiveness/Change Management, Program Leadership, Sourcing, Supply Chain, and Sustainability), and specialized brands (CERT-Wavestone for cybersecurity emergency response, Shake'Up for innovation, and Creadesk for design services). The firm also publishes research including the Global AI Survey, Cyber Benchmark, Agentic AI Playbook, and Technology Trends reports. Wavestone operates across 17 countries serving industries including Banking, Insurance, Energy, Automotive, Life Sciences, Government, Retail, and Travel/Transport/Logistics.

Differentiator

Problem solved

Functional benefit

Brands

• CERT-Wavestone: Cybersecurity incident response and threat intelligence team operated by Wavestone.
• Shake'Up
• Creadesk

Products and services

• Large-Scale IT Transformation Programmes

Quantifiable outcome

• 2025/26 revenue up +1% on an organic basis
• +2 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Scale indicators7 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• Mastek: Mid-tier digital and IT transformation consultancy with UK presence delivering enterprise modernisation programmes — comparable in scale and offering focus.

Broad incumbents

• Capgemini Invent: Digital transformation consulting arm of global SI Capgemini — addresses the same enterprise transformation RFPs as Xceed Group but from a vastly larger scale and broader portfolio.
• Accenture: Global consulting and technology services leader with extensive IT transformation capability — competes for the same large UK enterprise programmes as Xceed Group from a substantially larger base.
• Deloitte Digital: Digital transformation practice of a Big Four firm — competing across strategy, technology implementation and change management within the same UK enterprise buyer set.
• KPMG Connected Enterprise: Big Four transformation offering focused on large-scale IT and operating model change — competes directly with Xceed Group for transformation mandates from large UK enterprises.

Direct peers

• BJSS: UK-headquartered technology consultancy of similar mid-size scale delivering large-scale IT transformation, cloud and software engineering programmes to enterprise clients — the closest comparable in size, geography and offering.
• Thoughtworks: Global technology consultancy delivering large-scale digital and IT transformation programmes, blending strategy, design and software engineering — directly comparable service mix to Xceed Group.
• Slalom: Mid-sized management and technology consulting firm focused on transformation, technology and modern delivery — comparable peer in scale, scope and IT transformation specialism.
• Endava: Technology consultancy providing digital transformation, software engineering and IT modernisation services to enterprise clients — closely aligned in offering and target customer profile.
• Sopra Steria: European IT services and transformation consultancy delivering large-scale systems integration and digital transformation across regulated industries — comparable European peer with overlapping UK presence.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• YouTubeyoutube.com/c/wavestone
• LinkedInlinkedin.com/company/wavestone
• Instagraminstagram.com/wavestone_consulting
• Xx.com/XceedGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Xceed Group