Company:CI&T

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CI&T
TypePublic
NYSE: CINT
IndustryInformation technology
Founded1995
Headquarters
Campinas, São Paulo, Brazil
Oakland, California , United States
Key people
  • César Gon, CEO
  • Bruno Guicardi, President
  • Stanley Rodrigues, CFO
  • Mauro Oliveira, Partner, EVP
  • Bob Wollheim, CSO
  • Carla Borges, Head of Human Resources
  • Amin Nunes, EVP
  • Solange Sobral, EVP
  • Felipe Brito, Partner, EVP
  • Leonardo Mattiazzi, Partner, EVP
ServicesAgile software development

Infrastructure management Mobile application development User experience Software design

Offshore software development
RevenueIncrease R$ 571.8 million (2023)[1]
R$ 571.8 milhões [2]
Number of employees
6,000+ [3]
Websiteciandt.com

CI&T is an information technology and software development company operating in Brazil , the United States , Canada , United Kingdom , Portugal, China , Colombia, Japan , and Australia .[4] The company has expertise within the automotive, hi-tech, financial, insurance, manufacturing, media, retail, life sciences and healthcare industries.[5]

History

CI&T was founded in 1995 as an IT group working with research and development (R&D) companies for software development before expanding to provide technical services to nearshore customers.[6][7] Among the company's first clients were IBM and Hewlett-Packard (HP), Vale, Natura, and Globo.[8][9][10]

Later, in 2002, CI&T had a large-scale project with HP developing an "electronic order fulfillment" system for the automatic replacement of stocks with large distribution companies.[8] CI&T continued to work with Fortune 500 companies and expanded its business to include development centers located in Brazil and China , with clients mainly in the United States, Brazil, Canada , and Japan to accommodate its business around the world.[11] In 2004, it began working with Drupal in a partnership on application management projects that later expanded to application development and content management in one of the largest Drupal implementation engagements in the world.[12]

CI&T further expanded its business in the United States by establishing an office in Pennsylvania in 2006[13] and in Tokyo (Japan) and Ningbo (China) in 2009.[14] In the following year, the company achieved a CMMI-5 maturity level after investing US$1 million in process upgrades and employee training.[15] By 2014, the company had expanded to cities on four continents, including new locations in Brazil (Campinas, São Paulo, and Belo Horizonte), five in the U.S. (Philadelphia, Atlanta, New York City , Princeton, and Oakland), two in Europe (London and Lisbon) and two in Asia (Tokyo and Ningbo).[15]

In 2011, CI&T provided services to Johnson and Johnson by assisting with their digital projects in the pharmaceutical industry including mobile application development, augmented reality, and social networking projects.[16] SulAmérica, one of the largest insurance providers in Brazil, is another client; CI&T built mobile applications on Google's Cloud Platform in 2012 to provide SulAmérica with better policy quotations, digital ID cards, and comprehensive lists of accredited doctors and pharmacies.[17]

Other clients are Yahoo!, Coca-Cola, Editora Abril, Pão de Açúcar,[18] AB InBev[19] and Nestlé.[20] CI&T has been working as a technical integrator of digital marketing engagements with many of their clients.[8] In 2006, the company partnered with Yahoo! to assist in expanding Yahoo!'s presence in South and Central American markets.[21] Also, CI&T provided services to Coca-Cola in the beginning of 2011 for the development of mobile applications such as Coke Drink and Sprite City.[22] Later, it provided the technology for Coca-Cola's commissioned "Happiness Flag" for the 2014 Fifa World Cup, which was created via crowdsourced submissions of over 220,000 photos.[23]

In 2017, CI&T acquired Conrade, a solution provider based in Oakland, in the United States.[24] In 2019, Advent acquired 30% of CI&T participation from BNDES.[25]

In the first quarter of 2020, CI&T expanded its operations in Europe, in London and Lisbon, and in Canada, based in Toronto to serve those markets.[26] In the same year, the company continued its global expansion with a new push into Australia and New Zealand.[27]

In June 2021, it announced the acquisition of Dextra, an IT services company headquartered in Campinas, near CI&T geographically.[28] In November 2021, the company filed for an initial public offering and got listed on New York Stock Exchange (NYSE).[29]

In 2022, CI&T announced the acquisition of three companies. The first was UK-headquartered Somo Global Ltd, an award-winning digital product agency, for US$67 million.[30] Then came Box 1824; the transaction value was not disclosed.[31] After that, in August 2022 the company acquired Transpire, an Australian-based technology consultancy, for US$16,4 million.[32]

Recognition

In 2010, Forrester Research performed a case study on CI&T for its entrepreneurship engagements and agile and lean application development.[33]

Also, CI&T was selected as one of the best service providers every year from 2008 to 2013 by the International Association of Outsourcing Professionals.[34][35][36][37][38][39]

In 2012, founder and CEO of CI&T, César Gon, presented at the Lean IT Summit in Paris, France.[40]

In 2013, CI&T was awarded Google Partner of the Year LATAM for Cloud Platform. [38] In the following year, the company was included in Gartner's "Cool Vendors in Brazil" study.[41]

In 2015, it was named as a Strong Performer in The Forrester Wave™.[42] Then, in 2018, it was awarded at the United Nations (UN) for practices of inclusion of people with disabilities.[43]

Based on employees' opinions from 2018 to 2019, CI&T was amongst the Best Places to Work 2020, according to Glassdoor.[44]

In 2020, it was recognized by Great Place to Work Brasil as one of the best places to work in the country, for the 14th year in a row. The company is also certified in the U.S., China, and Japan.[45][46]

In 2021, CI&T was recognized as a Great Place to Work for today's youth in Canada,[47] and also for LGBTQIA+ people in Brazil.[48]

List of awards and public recognitions starting from 2022

Name Year Country
Leader in Modern Application Development Services - The Forrester WaveTM: Modern Application Development Services, Q3 2022.[49] Q3 2022 United States
Great Place to Work, 4th place in the ranking of large companies (from 1,000 to 9,999 employees) [49] Q3 2022 Brazil
Great Place to Work IT Big Companies [50] Q3 2022 Brazil

Offices

United States

Brazil

  • Campinas
  • São Paulo
  • Belo Horizonte
  • Curitiba

Australia

Canada

China

Colômbia

  • Medellin

Japan

United Kingdom

Portugal

Acquisitions

Company Year Country
Conrade[51] 2017 United States
Dextra[52] 2021 Brazil
Somo[53] 2022 United Kingdom
Box 1824[54] 2022 Brazil
Transpire [55][56] 2022 Australia
Ntersol[57] 2022 United States

References

  1. ↑ "CI&T Reports Solid Results in 2Q23 Earnings Release". https://s28.q4cdn.com/106679464/files/doc_financials/2023/q2/2Q23-Earnings-Release.pdf. 
  2. ↑ "CI&T Reports Solid Results in 2Q23 Earnings Release". https://s28.q4cdn.com/106679464/files/doc_financials/2023/q2/2Q23-Earnings-Release.pdf. 
  3. ↑ "CI&T Reports Solid Results in 2Q23 Earnings Release". https://s28.q4cdn.com/106679464/files/doc_financials/2023/q2/2Q23-Earnings-Release.pdf. 
  4. ↑ "Gigante caipira: por dentro da empresa brasileira de tecnologia que se tornou uma multinacional negociada em Nova York" (in pt-BR). 2022-07-22. https://www.istoedinheiro.com.br/gigante-caipira-por-dentro-da-empresa-brasileira-de-tecnologia-que-se-tornou-uma-multinacional-negociada-em-nova-york/. 
  5. ↑ "O que fazemos" (in pt-br). https://ciandt.com/br/pt-br/o-que-fazemos. 
  6. ↑ Rapoza, Kenneth. "Is Brazil More Than Oil & Minerals?" (in en). https://www.forbes.com/sites/kenrapoza/2012/03/27/is-brazil-more-than-oil-minerals/. 
  7. ↑ "Conheça as Cool Vendors do Gartner" (in pt-br). https://www.baguete.com.br/noticias/21/05/2014/conheca-as-cool-vendors-do-gartner/. 
  8. ↑ 8.0 8.1 8.2 "Company of talents | Revista Pesquisa Fapesp". 2016-03-04. http://revistapesquisa.fapesp.br/en/2003/02/01/company-of-talents/. 
  9. ↑ George, Tarun (27 January 2011). "Latin America Startups: How Three Sourcing Entrepreneurs Crossed the Chasm" (in en-US). https://nearshoreamericas.com/latin-america-startups/. 
  10. ↑ "Epoca - EDG ARTIGO IMPRIMIR - Aposta na inovação". http://revistaepoca.globo.com/Revista/Epoca/0,,EDR78613-8056,00.html. 
  11. ↑ "Outsourcing: César Gon, Founder And CEO, CI&T (Part 1)" (in en-US). 2011-06-23. https://www.sramanamitra.com/2011/06/23/outsourcing-cesar-gon-founder-and-ceo-cit-part-1/. 
  12. ↑ "CI&T Spearheads One of the Largest Drupal Implementations in the World | Open Web". 2014-09-08. http://openwebdeveloper.sys-con.com/node/2744104. 
  13. ↑ Laughlin, Kirk (10 December 2015). "Brazil's CI&T Makes a Play for Smart Computing" (in en-US). https://nearshoreamericas.com/brazils-cit-focusing-smart-computing-solutions-gain-market-share/. 
  14. ↑ "Part 1 Who is Ci&T? - Ask the President - Rococo Co., Ltd.". 2014-09-08. http://www.rococo.co.jp/english/ask/ask_01.html. 
  15. ↑ 15.0 15.1 "Software made in Brazil | Revista Pesquisa FAPESP". 2014-09-09. http://revistapesquisa.fapesp.br/en/2014/04/15/software-made-brazil-2/. 
  16. ↑ "J&J: CIOs must look at Brazil IT | IT Decisions". 2014-09-08. http://itdecs.com/2011/11/jj-cios-must-look-at-brazil-it/. 
  17. ↑ Camara, Paulo (22 October 2012). "Bringing SulAmérica into Mobile Health World with New App" (in en-US). https://nearshoreamericas.com/bringing-sulamrica-mobile-health-world-mobile-app/. 
  18. ↑ "Ci&T bets 2012 will be year for corporate mobile solutions" (in en-US). 2012-04-25. https://www.rcrwireless.com/20120425/americas/cit-bets-that-2012-will-be-the-year-for-corporate-mobile-solutions-2. 
  19. ↑ "AB InBev: aplicativo B2B com CI&T" (in pt-br). https://www.baguete.com.br/noticias/14/02/2022/ab-inbev-aplicativo-b2b-com-cit/. 
  20. ↑ "O recomendador de produtos que sabe exatamente como o pequeno varejo pode vender mais" (in pt-BR). 2022-08-09. https://expnew.net/o-recomendador-de-produtos-que-sabe-exatamente-como-o-pequeno-varejo-pode-vender-mais/. 
  21. ↑ "Yahoo! Invigorates Its Brand and Reach by Outsourcing to a Brazilian Supplier | Article | Outsourcing Center". 2014-09-08. http://outsourcing-center.com/2009-11-yahoo-invigorates-its-brand-and-reach-by-outsourcing-to-a-brazilian-supplier-article-37443.html. 
  22. ↑ "Coca-Cola expands global smartphone and tablet strategy | Marketing Dive" (in en-US). https://www.marketingdive.com/ex/mobilemarketer/cms/news/gaming/9523.html. 
  23. ↑ Olenski, Steve. "How Coca-Cola Is Spreading Happiness At The 2014 World Cup" (in en). https://www.forbes.com/sites/steveolenski/2014/06/12/how-coca-cola-is-spreading-happiness-at-the-2014-world-cup/. 
  24. ↑ Shirkey, Alec (2017-08-08). "Digital Solutions Firm CI&T Acquires Comrade, A Strategy And Design Agency" (in en). https://www.crn.com/news/applications-os/300090206/digital-solutions-firm-cit-acquires-comrade-a-strategy-and-design-agency.htm. 
  25. ↑ "Advent compra participação na CI&T" (in pt-br). https://www.baguete.com.br/noticias/29/07/2019/advent-compra-participacao-na-cit/. 
  26. ↑ "CI&T abre escritórios na Europa e no Canadá para buscar clientes globais" (in pt-br). 23 August 2022. https://epocanegocios.globo.com/Empresa/noticia/2020/03/cit-abre-escritorios-na-europa-e-no-canada-para-buscar-clientes-globais.html. 
  27. ↑ Ammachchi, Narayan (31 August 2020). "CI&T Expands Its Footprints Further East Into Australia" (in en-US). https://nearshoreamericas.com/cit-expands-its-footprints-further-east-into-australia/. 
  28. ↑ "Empresa de serviços de tecnologia CI&T compra Dextra e planeja IPO" (in pt-br). 30 June 2021. https://valor.globo.com/empresas/noticia/2021/06/30/empresa-de-servicos-de-tecnologia-ciandt-compra-dextra-e-planeja-ipo.ghtml. 
  29. ↑ "CI&T, de Campinas, estreia com alta de 21% em NY e CEO revela planos" (in pt-br). 2021-11-10. https://exame.com/invest/mercados/cit-de-campinas-estreia-com-alta-de-25-em-ny-e-ceo-revela-planos/. 
  30. ↑ Mari, Angelica (2022-01-14). "CI&T compra agência inglesa Somo Global, de produtos digitais" (in pt-BR). https://startups.com.br/noticias/cit-compra-agencia-inglesa-somo-global-de-produtos-digitais/. 
  31. ↑ "CI&T compra Box 1824, agência que explica geração Z para Nike e Google" (in pt-br). 2022-06-01. https://exame.com/negocios/cit-compra-box-1824-agencia-que-explica-geracao-z-para-nike-e-google/. 
  32. ↑ "CI&T compra Transpire por US$ 16,4 milhões e aumenta presença na Austrália" (in pt-br). 17 August 2022. https://valor.globo.com/empresas/noticia/2022/08/17/cit-compra-transpire-por-us-164-milhes-e-aumenta-presena-na-austrlia.ghtml. 
  33. ↑ "Case Study: Ci&T — High Performance, Brazilian Style" (in en). https://www.forrester.com/report/case-study-cit--high-performance--brazilian-style/RES58952. 
  34. ↑ "CI&T" (in en), Wikipedia, 2022-09-19, https://en.wikipedia.org/w/index.php?title=CI%26T&oldid=1111171020, retrieved 2022-09-29 
  35. ↑ "Error: no |title= specified when using {{Cite web}}". https://www.iaop.org/content/23/152/2046/. 
  36. ↑ "IAOP :: The 2009 Global Outsourcing 100 Sub-Lists". 2014-09-08. https://www.iaop.org/content/23/152/1859/. 
  37. ↑ "IAOP - The 2010 Global Outsourcing 100 Sub-Lists". https://www.iaop.org/Content/19/165/3181/Convergys. 
  38. ↑ "IAOP :: 2010 Global Outsourcing 100 Sub Lists". 2011-02-27. http://www.iaop.org/content/23/152/2041/. 
  39. ↑ "IAOP - 2012 Global Outsourcing 100 Sublists". https://www.iaop.org/firmbuilder/content/19/165/3438. 
  40. ↑ "César Gon, Ci&T" (in fr-FR). 2013-05-02. https://www.lean-digital-summit.com/170-cesar-gon-cit. 
  41. ↑ "Cool Vendors in Brazil, 2014" (in en). https://www.gartner.com/en/documents/2708217. 
  42. ↑ "The Forrester Wave™: Mobile Enterprise App Services..." (in en). https://www.forrester.com/report/The-Forrester-Wave-Mobile-Enterprise-App-Services-Providers-Midsize-Providers-Q1-2015/RES119009. 
  43. ↑ "CI&T é premiada na ONU por práticas de inclusão de pessoas com deficiência" (in pt-br). https://ciandt.com/br/pt-br/announcement/ciandt-e-premiada-na-onu-por-praticas-de-inclusao-de-pessoas-com-deficiencia. 
  44. ↑ "Melhores Lugares para Trabalhar Brasil | Glassdoor" (in pt). https://www.glassdoor.com.br/Pr%C3%AAmio/Melhores-Lugares-para-Trabalhar-Brasil-LST_KQ0%2C38.htm. 
  45. ↑ "Error: no |title= specified when using {{Cite web}}". https://ipnews.com.br/cit-e-a-unica-brasileira-no-ranking-das-melhores-empresas-para-trabalhar-na-asia-em-2020/. 
  46. ↑ "Best Workplaces in Asia 2020" (in en-us). https://www.greatplacetowork.com/best-workplaces-international/best-workplaces-in-asia/2020. 
  47. ↑ O'Donnell, Lauren. "Best Workplaces for Today's Youth 2021" (in en-gb). https://www.greatplacetowork.ca/en/best-workplaces-for-today-s-youth-2021. 
  48. ↑ O'Donnell, Lauren. "Best Workplaces for Today's Youth 2021" (in en-gb). https://www.greatplacetowork.ca/en/best-workplaces-for-today-s-youth-2021. 
  49. ↑ "Redirect Notice". https://www.seudinheiro.com/2022/empresas/as-melhores-empresas-para-trabalhar-em-2022-great-place-to-work-gptw-itau-unibanco-magazine-luiza-porto-seguro-lils/&sa=D&source=docs&ust=1675263428913118&usg=AOvVaw3PAxyeUtdbUMAz2AHZirfk. [yes|permanent dead link|dead link}}]
  50. ↑ "Redirect Notice". https://itforum.com.br/noticias/gptw-ti-confira-quais-sao-as-melhores-empresas-de-ti-para-se-trabalhar-em-2022/&sa=D&source=docs&ust=1675263429021041&usg=AOvVaw2pSWFfKt4Uo7KRxhtOYUvC. 
  51. ↑ "CI&T Acquires Comrade: Together, We Are Thoughtfully Fast". https://ciandt.com/us/en-us/announcement/cit-acquires-comrade-together-we-are-thoughtfully-fast. 
  52. ↑ "CI&T Acquires Dextra to Scale Local and Global Operations". www.prnewswire.com (Press release). Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  53. ↑ Panettieri, Joe (2022-01-23). "CI&T Acquires Digital Transformation Agency Somo Global" (in en-US). https://www.channele2e.com/investors/mergers-acquisitions/cit-buys-somo-global/. 
  54. ↑ "CI&T compra Box 1824, agência que explica geração Z para Nike e Google" (in pt-br). 2022-06-01. https://exame.com/negocios/cit-compra-box-1824-agencia-que-explica-geracao-z-para-nike-e-google/. 
  55. ↑ "CI&T avança na Austrália com terceira aquisição desde a estreia na bolsa de NY" (in pt-br). 17 August 2022. https://oglobo.globo.com/blogs/capital/post/2022/08/ciandt-avanca-na-australia-com-terceira-aquisicao-desde-a-estreia-na-bolsa-de-ny.ghtml. 
  56. ↑ "CI&T Acquires Transpire to Enhance its Growth in Australia and APAC" (in English). 2022-08-17. https://ciandt.com/au/en-au/press-release/ciandt-acquires-transpire-enhance-its-growth-australia-and-apac. 
  57. ↑ "CI&T adquire a provedora de transformação digital americana NTERSOL". https://www.mobiletime.com.br/noticias/17/10/2022/cit-adquire-a-provedora-de-transformacao-digital-americana-ntersol/&sa=D&source=docs&ust=1675263429023838&usg=AOvVaw3jw_CGkEf2B-E987fJ2RRC. 



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