Niche Market Focus Xcentric specializes in providing managed IT and cloud solutions specifically tailored for the accounting industry, presenting a targeted opportunity for technology vendors aiming to serve niche professional services markets.
Acquisition Synergy As a recent acquisition by Right Networks, Xcentric benefits from a broader distribution channel and a focus on cloud-based accounting solutions, offering cross-selling opportunities to existing customer bases in the accounting and small business sectors.
Financial Stability With annual revenues estimated between 25 million and 50 million dollars, Xcentric demonstrates solid financial positioning, making it a reliable prospect for upselling additional managed services or technology upgrades.
Growing Market Presence Being part of the cloud and managed technology market for accounting firms positions Xcentric to capitalize on increasing adoption of cloud solutions within the accounting industry, creating opportunities for technology integrations and expansions.
Tech Stack Compatibility Utilizing a modern web and analytics stack including WordPress, Google Analytics, and PHP, Xcentric shows a familiarity with common development tools, suggesting potential for collaborative innovation and tailored technology solutions for their client base.