Morphosis Company Profile

Background

Founded in 2010 by CEO Jeremie Tisseau, Morphosis is a leading digital consultancy based in Bangkok, Thailand. The company specializes in delivering transformative digital experiences through a user-centric approach, leveraging design thinking methodologies and in-depth research. Over the past 15 years, Morphosis has built more than 400 world-class web and mobile applications for prominent global and local brands, including MasterCard, Agoda, SCB, TTB, Kerry Express, BBC, JP Morgan, BCG, Prudential, and HomePro.

Key Strategic Focus

Morphosis focuses on providing end-to-end digital services throughout the entire product lifecycle, from ideation and research to design and growth. The company's core competencies include UX/UI design, digital marketing, and product development, with a particular emphasis on traditional and web3-related financial services. By applying design thinking methodologies, Morphosis aims to create human-centric products that enhance user experiences across various industries.

Financials and Funding

As of September 2024, Morphosis's annual revenue reached $15 million. The company operates within the IT Services and IT Consulting industry, with a team of approximately 201 employees across multiple continents, including Asia, North America, and Africa.

Technological Platform and Innovation

Morphosis employs a range of technologies to deliver high-quality digital products. The company's tech stack includes Google Ads, WP Rocket, jsDelivr, Swiper, Google My Business, PHP, Trello, and Basecamp. These tools support various aspects of their operations, from advertising and content delivery to project management and programming.

Leadership Team

Jeremie Tisseau: CEO and Founder of Morphosis, established the company in 2010 with the vision of creating better digital experiences for users.

Jostein Aksnes: CEO and Co-founder of Seven Peaks Software, which joined forces with Morphosis in 2022 to enhance their combined capabilities in delivering end-to-end digital products.

Leadership Changes

In 2022, Morphosis joined forces with Seven Peaks Software, a move that combined the creative forces of Morphosis with the technical expertise of Seven Peaks. This strategic partnership aimed to double growth targets and expand staff to more than 500 employees to meet client needs.

Competitor Profile

Market Insights and Dynamics

The digital consultancy market is highly competitive, with numerous agencies offering a range of services from UX/UI design to full-scale product development. The demand for digital transformation services continues to grow as businesses seek to enhance their online presence and user engagement.

Competitor Analysis

Morphosis operates in a competitive landscape alongside several notable firms:

Gensler: A global design and architecture firm with revenues exceeding $1 billion.

Herzog & de Meuron: An international architecture firm with revenues between $50 million and $100 million.

Snøhetta: A design firm with revenues in the $50 million to $100 million range.

Zaha Hadid Architects: An architecture firm with revenues between $100 million and $1 billion.

Foster + Partners: A global studio for architecture, urbanism, and design with revenues between $100 million and $1 billion.

SHoP Architects: An architecture firm known for innovative design solutions.

Diller Scofidio + Renfro: A design studio with revenues between $10 million and $50 million.

BIG - Bjarke Ingels Group: An architecture firm with revenues between $100 million and $1 billion.

Safdie Architects: An architecture and urban design practice.

These competitors vary in size and specialization, contributing to a diverse and dynamic market.

Strategic Collaborations and Partnerships

In 2022, Morphosis joined forces with Seven Peaks Software to leverage their combined expertise and accelerate growth. This partnership aimed to create a dynamic environment for digital product specialists and deliver full lifecycle digital products to a high standard. The collaboration also focused on doubling growth targets and expanding staff to over 500 employees to meet client demands.

Operational Insights

Morphosis's strategic partnership with Seven Peaks Software positions the company to take on larger and more complex projects, enhancing its market position as a leading end-to-end digital consultancy. The combined expertise allows for the delivery of comprehensive digital solutions, from design to development, catering to a diverse client base.

Strategic Opportunities and Future Directions

Looking ahead, Morphosis aims to continue its growth trajectory by leveraging its partnership with Seven Peaks Software. The company plans to expand its team and capabilities to better serve clients and address the evolving demands of the digital landscape. By focusing on user-centric design and innovative technologies, Morphosis is well-positioned to lead in the digital consultancy space.