Latest news with #Thoughtworks
Yahoo
27-05-2025
- Business
- Yahoo
Thoughtworks Appoints Rav Hayer as Managing Director for UK & Ireland and Head of European Financial Services Practice
LONDON, May 27, 2025--(BUSINESS WIRE)--Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, announced the appointment of Rav Hayer to the dual role of Managing Director for UK & Ireland and Head of Banking, Financial Services and Insurance (BFSI) for Europe. In this position, Rav is responsible for driving Thoughtworks' next phase of strategic growth in the UK and Ireland market while simultaneously expanding the firm's influence within the financial services sector across Europe. "Rav brings the precise blend of strategic leadership and deep financial services expertise required to accelerate our growth," said Kaushik Sarkar, Regional Managing Director for Europe, Middle East and India, Thoughtworks. "His proven track record in transforming organizations through technology and cultivating high-performing teams makes him the ideal leader for our UK and Ireland business and instrumental in elevating our European financial services practice." As the UK & Ireland Managing Director, Rav will focus on leading Thoughtworks' regional strategy, operations and market expansion. A key aspect will be enhancing client relationships by delivering high-impact technology solutions that empower our clients to navigate and capitalize on the incredible pace of change in technology. Additionally, he will cultivate the company's reputation as a leading employer for highly skilled technology professionals. In his role as Head of Europe BFSI, Rav will guide financial institutions through complex digital transformations, made even more critical by the adoption of AI, cloud and data, to lead through this era of unprecedented technological dynamism. "This is a pivotal time for both Thoughtworks and the financial services sector," said Rav Hayer, Managing Director of UK & Ireland and European Head of BFSI, Thoughtworks. "The UK and Ireland market holds immense potential for technology-driven transformation, while financial institutions across Europe are actively reshaping their digital futures. I am thrilled to lead our exceptional teams in delivering innovative and impactful solutions for our clients." Rav joins Thoughtworks from Alvarez & Marsal, where he most recently served as Managing Director. In this role, he led complex digital transformation programs for financial services clients across Europe. He is a qualified accountant with an MBA and over 25 years of experience in financial services technology, business strategy and large-scale transformations. He is also recognized as a dedicated people leader and passionate advocate for diversity and inclusion. Supporting resources: Keep up with Thoughtworks news by visiting the company's website. Follow us on X, LinkedIn and YouTube. - ### - 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 48 offices in 19 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator. View source version on Contacts Media contact: Kathrin Jansing, Head of public relations, Thoughtworks EuropeEmail: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Thoughtworks Appoints Rav Hayer as Managing Director for UK & Ireland and Head of European Financial Services Practice
LONDON--(BUSINESS WIRE)-- Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, announced the appointment of Rav Hayer to the dual role of Managing Director for UK & Ireland and Head of Banking, Financial Services and Insurance (BFSI) for Europe. In this position, Rav is responsible for driving Thoughtworks' next phase of strategic growth in the UK and Ireland market while simultaneously expanding the firm's influence within the financial services sector across Europe. "Rav brings the precise blend of strategic leadership and deep financial services expertise required to accelerate our growth," said Kaushik Sarkar, Regional Managing Director for Europe, Middle East and India, Thoughtworks. "His proven track record in transforming organizations through technology and cultivating high-performing teams makes him the ideal leader for our UK and Ireland business and instrumental in elevating our European financial services practice." As the UK & Ireland Managing Director, Rav will focus on leading Thoughtworks' regional strategy, operations and market expansion. A key aspect will be enhancing client relationships by delivering high-impact technology solutions that empower our clients to navigate and capitalize on the incredible pace of change in technology. Additionally, he will cultivate the company's reputation as a leading employer for highly skilled technology professionals. In his role as Head of Europe BFSI, Rav will guide financial institutions through complex digital transformations, made even more critical by the adoption of AI, cloud and data, to lead through this era of unprecedented technological dynamism. "This is a pivotal time for both Thoughtworks and the financial services sector," said Rav Hayer, Managing Director of UK & Ireland and European Head of BFSI, Thoughtworks. "The UK and Ireland market holds immense potential for technology-driven transformation, while financial institutions across Europe are actively reshaping their digital futures. I am thrilled to lead our exceptional teams in delivering innovative and impactful solutions for our clients." Rav joins Thoughtworks from Alvarez & Marsal, where he most recently served as Managing Director. In this role, he led complex digital transformation programs for financial services clients across Europe. He is a qualified accountant with an MBA and over 25 years of experience in financial services technology, business strategy and large-scale transformations. He is also recognized as a dedicated people leader and passionate advocate for diversity and inclusion. - ### - 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 48 offices in 19 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.
Business Wire
22-05-2025
- Business
- Business Wire
Simon & Schuster Teams with Thoughtworks to Revolutionize Language Learning for Greater Innovation and Business Alignment
CHICAGO--(BUSINESS WIRE)-- Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, today announced a significant advance in its long term collaboration with Simon & Schuster, a globally recognized publishing leader. Together the companies have future-proofed the digital capabilities of Simon & Schuster's rapidly expanding Pimsleur Language Program to further enhance the learning experience for its global language learners. 'By continuously iterating to optimize performance and user experience, Thoughtworks helped us achieve significant growth in user volume and revenue,' said Tom McLean, SVP Pimsleur Language Programs. Since the partnership's inception in 2017, Thoughtworks and Simon & Schuster have strategically co-created a series of transformative digital enhancements across the Pimsleur digital experience. This includes the relaunch of even more intuitive mobile and web apps with improved accessibility and engagement features, alongside a scalable backend system for streamlined customer management, learning progress tracking, B2B sales and seamless platform integrations. Building on this robust foundation on AWS, AI-powered innovations like Voice Coach for pronunciation and engaging Mini Lessons have powerfully augmented the language-learning journey. 'By continuously iterating to optimize performance and user experience, Thoughtworks helped us achieve significant growth in user volume and revenue,' said Tom McLean, SVP Pimsleur Language Programs. 'For more than 50 years, Pimsleur Language Programs has remained true to the Pimsleur Method that has helped millions of people learn to speak a new language while also continuing to leverage digital platforms and innovative subscription models to meet the needs of modern learners,' said Craig Stanley, Executive Vice President, Thoughtworks Americas. 'We're excited to be partnering with Simon & Schuster as it continuously enhances, elevates and augments the value of its digital assets, such as the Pimsleur Mobile app, to drive tangible results while improving operational cost and efficiencies.' More recently, the integration of advanced Thoughtworks Digital Application Management and Operations (DAMO™) Services has begun to streamline processes and is showing early signs of enhanced collaboration between maintenance and delivery teams supporting the Pimsleur platform. This has initially resulted in seamless performance and efficient product updates, even as functionality and the Pimsleur user base continues to grow. These optimizations help ensure users receive faster, more accurate responses, resulting in increased customer satisfaction and engagement. Supporting resources: - ### - About Thoughtworks Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 Thoughtworkers strong across 48 offices in 19 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.
Business Wire
15-05-2025
- Business
- Business Wire
Thoughtworks Named as an Iconic Partner by The Valuable 500, Joining a Global Movement to Advance Disability Inclusion
CHICAGO--(BUSINESS WIRE)-- Thoughtworks, a global technology consultancy that integrates design, engineering and AI expertise, is proud to share that it has joined the Valuable 500 as an Iconic Partner to help end disability exclusion in business and society. The Valuable 500 is a global business collective of over 500 companies committed to ending disability exclusion. It brings together some of the world's most influential organizations to drive inclusion for the 1.3 billion people living with a disability. Through synchronized collective action, the Valuable 500 works to transform business systems and advance a more inclusive society. 'We're delighted to join the Valuable 500 as an Iconic Partner and we see it as an invitation to deepen our responsibility,' said Matthew Johnston, Global Program Manager for Disability Inclusion at Thoughtworks. 'Inclusion is a continuous journey and this partnership will help us learn from others, share what we've learned and collaborate toward meaningful change.' A platform for greater impact By being one of only 16 Iconic Partners, Thoughtworks is showing its ongoing commitment to disability inclusion, accessibility and social impact. This select group of organizations provides extended support to The Valuable 500—in Thoughtworks' case, by serving as Functional and Technology Advisors for the development of the Digital Engagement Hub, a platform designed to help all members collaborate, share knowledge and best practices and amplify their collective impact. Thoughtworks assessed their engagement hub's technical infrastructure to clarify vision, purpose and roadmap, improving the understanding of systems and value delivery. This involved linking strategy to the product roadmap, prioritizing a functionality backlog for frequent member value, emphasizing security and data privacy and leveraging open-source technology for wider talent access. "Transforming the business landscape requires uniting diverse strengths toward a common purpose of ending disability exclusion. As one of our iconic partners, Thoughtworks has played an important role in realising this vision by enhancing our engagement hub's capabilities, creating pathways for deeper collaboration among our community of leaders,' says Katy Talikowska, Chief Executive Officer, the Valuable 500. 'Their commitment reinforces what makes our collective movement so powerful - when businesses apply their core capabilities to disability inclusion, we create an unstoppable force for change that benefits everyone." Supporting resources: About t he Valuable 500 Valuable 500 is the global organization of over 500 partners and companies working together to end disability exclusion. Unified in our purpose to accelerate inclusion for the one in five people living with a disability, we transform business systems to transform society. By engaging with the world's most influential business leaders and brands, the Valuable 500 now has a market cap of over $23 trillion, combined revenues of over $8 trillion and employs a staggering 22 million people worldwide. We drive change through Synchronised Collective Action. Channelling the power of over 500 partners and companies working in harmony – moving in the same direction, at the same time, against the same system barrier. 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 48 offices in 19 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.
Associated Press
07-05-2025
- Business
- Associated Press
Thoughtworks State of Digital and AI Readiness Report Reveals Only 17% of Organizations are True Leaders
CHICAGO--(BUSINESS WIRE)--May 7, 2025-- Thoughtworks , a global technology consultancy that integrates design, engineering and AI to drive digital innovation, today released findings from its 'The State of Digital and AI Readiness' global report that reveals a stark contrast between perceived and actual levels of digital and AI maturity among organizations worldwide. The research, based on insights from 1,000 senior leaders, highlights that while many organizations believe they are ahead, only a small fraction - 17% - are truly leading the market in digital and AI readiness. The report introduces the Digital and AI Readiness Index, which categorizes organizations into four groups - Leaders (17%), Strong Performers (54%), Emerging Players (26%) and Late Adopters (3%) - based on their adoption levels across five critical pillars: digital products, platforms and services; enterprise modernization; managing (and modernizing) technology; data modernization and scaling AI (from pilot to production). Key findings from the report include: Importance of strategic alignment: The prevalence of a fully developed and optimized technology ecosystem strategy is higher among Leaders (61%) than Late Adopters (19%). This highlights the critical role of a cohesive, aligned business-technology strategy in driving digital and AI success. The prevalence of a fully developed and optimized technology ecosystem strategy is higher among Leaders (61%) than Late Adopters (19%). This highlights the critical role of a cohesive, aligned business-technology strategy in driving digital and AI success. The Imperative for continuous improvement: An overwhelming 93% of organizations acknowledge the need for some level of improvement in their technology ecosystem. Interestingly, 77% of Leaders recognize the need for a complete overhaul or significant improvement, demonstrating their commitment to continuous optimization. An overwhelming 93% of organizations acknowledge the need for some level of improvement in their technology ecosystem. Interestingly, 77% of Leaders recognize the need for a complete overhaul or significant improvement, demonstrating their commitment to continuous optimization. Technology leadership drives ROI: A positive ROI on their technology ecosystem over the last 18 months was reported by 53% of Leaders, a distinction that sets them apart as the only group seeing gains. Rachel Laycock , chief technology officer, Thoughtworks, said, 'A key challenge highlighted by this report is the prevalence of siloed approaches to AI, data and modernization. We've seen firsthand that this fragmentation hinders progress and prevents organizations from realizing the full potential of their technology investments. At Thoughtworks, we advocate for a holistic, cross-functional strategy that aligns these initiatives with overarching business goals, fostering the collaboration and communication necessary to drive extraordinary impact for our clients.' Vanson Bourne's Senior Research Manager, Lauren Budd said, 'Our research shows that even the most advanced organizations recognize they're never 'done' - true digital and AI readiness is sustained through continuous improvement and a strategy that evolves with the business. What sets these organizations apart is their ability to stay focused, aligned and proactive in turning ambition into measurable outcomes.' 'The State of Digital and AI Readiness' global report is available for download here . Methodology Thoughtworks commissioned independent market research agency Vanson Bourne to conduct this research. The global study surveyed 1,000 senior IT decision makers in September and October 2024. Organizations were based in five markets, including Australia (175), Germany (175), Singapore (175), UK (175) and US (300). They had a global annual revenue of at least $500 million and represented the public and private sectors. All interviews were conducted using a rigorous multi-level screening process to ensure that only suitable candidates were given the opportunity to participate. Supporting resources: About Thoughtworks Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 Thoughtworkers strong across 48 offices in 19 countries. For 30 years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator. View source version on CONTACT: Media contact: Linda Horiuchi, global head of public relations Email:[email protected] Phone: +1 (646) 581-2568 KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS INDUSTRY KEYWORD: SOFTWARE DATA ANALYTICS INTERNET CONSULTING ARTIFICIAL INTELLIGENCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOURCE: Thoughtworks Copyright Business Wire 2025. PUB: 05/07/2025 09:47 AM/DISC: 05/07/2025 09:46 AM
