Cprime | Elabor8 Company Profile

Background

Overview

Cprime is a global consulting firm specializing in Agile and DevOps solutions, founded in 2003 and headquartered in San Mateo, California. In April 2023, Cprime expanded its global footprint by acquiring Elabor8, an Australian-based consultancy renowned for its expertise in digital transformation, agility, and technology solutions.

Mission and Vision

Cprime's mission is to drive innovation and agility in businesses worldwide, enabling organizations to adapt swiftly to market demands. The acquisition of Elabor8 aligns with this vision, enhancing Cprime's ability to deliver comprehensive digital transformation services across the Asia-Pacific region.

Primary Area of Focus

Cprime focuses on enterprise agility, product development, and technology consulting, assisting organizations in achieving operational excellence and fostering a culture of continuous improvement. The integration of Elabor8 strengthens Cprime's capabilities in these areas, particularly within the APAC market.

Industry Significance

The acquisition of Elabor8 positions Cprime as a significant player in the global consulting industry, particularly in the Agile and DevOps sectors. Elabor8's established presence in Australia and the APAC region enhances Cprime's ability to serve a broader client base and deliver localized solutions.

Key Strategic Focus

Core Objectives

Global Expansion: Extend Cprime's reach into the Asia-Pacific region through the integration of Elabor8.

Enhanced Service Offerings: Combine expertise to provide comprehensive digital transformation services.

Client Success: Deliver tailored solutions that address unique market demands and organizational needs.

Specific Areas of Specialization

Agile Transformation: Implement Agile methodologies to improve organizational responsiveness and efficiency.

Digital Transformation: Guide organizations through the adoption of digital technologies to drive innovation.

Operational Excellence: Optimize processes and systems to achieve high performance and scalability.

Key Technologies Utilized

Atlassian Suite: Utilize tools like Jira and Confluence for project management and collaboration.

Scaled Agile Framework (SAFe): Apply SAFe principles to scale Agile practices across large enterprises.

Cloud Platforms: Leverage AWS and other cloud services for scalable and flexible solutions.

Primary Markets Targeted

Asia-Pacific Region: Focus on expanding presence and serving clients in Australia, New Zealand, Singapore, and London.

Global Enterprises: Provide solutions to large organizations seeking digital transformation and Agile adoption.

Financials and Funding

Funding History

Cprime has been backed by significant investors, including Goldman Sachs and Everstone Capital Partners, indicating strong financial support and growth potential.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed.

Notable Investors

Goldman Sachs: A leading global investment banking, securities, and investment management firm.

Everstone Capital Partners: A private equity and venture capital firm focusing on investments in India and Southeast Asia.

Intended Utilization of Capital

The capital from these investments is likely utilized to support strategic acquisitions, expand service offerings, and enhance global operations, including the integration of Elabor8.

Pipeline Development

Key Pipeline Candidates

The integration of Elabor8 enhances Cprime's ability to offer a broader range of services, including Agile transformation, digital strategy, and operational excellence.

Stages of Development

The combined entity is in the process of integrating operations, aligning service offerings, and expanding market reach.

Target Conditions

Focus on industries undergoing digital transformation, seeking Agile adoption, and requiring operational optimization.

Anticipated Milestones

Short-Term: Successful integration of Elabor8's operations and teams.

Medium-Term: Expansion of service offerings in the APAC region.

Long-Term: Establishment as a leading global provider of Agile and digital transformation services.

Technological Platform and Innovation

Proprietary Technologies

Cprime and Elabor8 leverage industry-standard tools and frameworks, including the Atlassian suite and SAFe, to deliver Agile and DevOps solutions.

Significant Scientific Methods

Agile Methodologies: Implement Agile practices to enhance flexibility and responsiveness.

Scaled Agile Framework (SAFe): Apply SAFe principles to manage large-scale Agile transformations.

Cloud Computing: Utilize cloud platforms for scalable and efficient service delivery.

Leadership Team

Key Executives

Zubin Irani: CEO of Cprime, leading the company's global strategy and operations.

Paul Velonis: Former CEO of Elabor8, now serving as an executive advisor for marketplace & strategy.

Richard Parker: Appointed as the new managing director of Cprime Elabor8 in February 2025, bringing over 25 years of IT industry experience.

Professional Backgrounds

Zubin Irani: Experienced leader in Agile and DevOps consulting, overseeing Cprime's global expansion.

Paul Velonis: Co-founder of Elabor8, instrumental in its growth and integration with Cprime.

Richard Parker: Veteran in the IT industry with leadership roles at Capgemini, Unisys, Wipro, and IBM.

Key Contributions

Zubin Irani: Guided Cprime's strategic direction and successful acquisition of Elabor8.

Paul Velonis: Led Elabor8's growth and now contributes to Cprime's strategic initiatives.

Richard Parker: Oversees the integration of Elabor8 into Cprime and drives regional growth.

Leadership Changes

Recent Appointments

Richard Parker: Appointed managing director of Cprime Elabor8 in February 2025, succeeding Nam Huynh.

Competitor Profile

Market Insights and Dynamics

The consulting industry, particularly in Agile and digital transformation services, is experiencing significant growth, driven by organizations' need to adapt to rapidly changing markets.

Competitor Analysis

Accenture: Offers comprehensive consulting services, including Agile transformation and digital strategy.

Deloitte: Provides a wide range of consulting services with a focus on technology and innovation.

McKinsey & Company: Specializes in management consulting with expertise in digital transformation.

Strategic Collaborations and Partnerships

Cprime and Elabor8 have established partnerships with leading technology providers, including Atlassian, Scaled Agile, and AWS, enhancing their service offerings and market reach.

Operational Insights

The combined entity leverages a global presence with local expertise, offering tailored solutions to clients across various industries.

Strategic Opportunities and Future Directions

Cprime aims to expand its global footprint, enhance service offerings, and drive innovation in Agile and digital transformation services, positioning itself as a leader in the consulting industry.