CI&T

Last updated
CI&T
Company typePublic
NYSE:  CINT
IndustryInformation technology
Founded1995
Headquarters
Campinas, São Paulo, Brazil
Oakland, California, United States
Key people
ServicesAgile software development

Infrastructure management Mobile application development User experience Software design

Offshore software development

Contents

RevenueIncrease2.svg R$ 571.8 million (2023) [1]
R$ 571.8 milhões [2]
Number of employees
6,000+ [2]
Website ciandt.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. [3] The company has expertise within the automotive, hi-tech, financial, insurance, manufacturing, media, retail, life sciences and healthcare industries. [4]

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. [5] [6] Among the company's first clients were IBM and Hewlett-Packard (HP), Vale, Natura, and Globo. [7] [8] [9]

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. [7] 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. [10] 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. [11]

CI&T further expanded its business in the United States by establishing an office in Pennsylvania in 2006 [12] and in Tokyo (Japan) and Ningbo (China) in 2009. [13] In the following year, the company achieved a CMMI-5 maturity level after investing US$1 million in process upgrades and employee training. [14] 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). [14]

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. [15] 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. [16]

Other clients are Yahoo!, Coca-Cola, Editora Abril, Pão de Açúcar, [17] AB InBev [18] and Nestlé. [19] CI&T has been working as a technical integrator of digital marketing engagements with many of their clients. [7] In 2006, the company partnered with Yahoo! to assist in expanding Yahoo!'s presence in South and Central American markets. [20] 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. [21] 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. [22]

In 2017, CI&T acquired Conrade, a solution provider based in Oakland, in the United States. [23] In 2019, Advent acquired 30% of CI&T participation from BNDES. [24]

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. [25] In the same year, the company continued its global expansion with a new push into Australia and New Zealand. [26]

In June 2021, it announced the acquisition of Dextra, an IT services company headquartered in Campinas, near CI&T geographically. [27] In November 2021, the company filed for an initial public offering and got listed on New York Stock Exchange (NYSE). [28]

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. [29] Then came Box 1824; the transaction value was not disclosed. [30] After that, in August 2022 the company acquired Transpire, an Australian-based technology consultancy, for US$16,4 million. [31]

Recognition

In 2010, Forrester Research performed a case study on CI&T for its entrepreneurship engagements and agile and lean application development. [32]

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. [33] [34] [35] [36] [37] [38]

In 2012, founder and CEO of CI&T, César Gon, presented at the Lean IT Summit in Paris, France. [39]

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. [40]

In 2015, it was named as a Strong Performer in The Forrester Wave™. [41] Then, in 2018, it was awarded at the United Nations (UN) for practices of inclusion of people with disabilities. [42]

Based on employees' opinions from 2018 to 2019, CI&T was amongst the Best Places to Work 2020, according to Glassdoor. [43]

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. [44] [45]

In 2021, CI&T was recognized as a Great Place to Work for today's youth in Canada, [46] and also for LGBTQIA+ people in Brazil. [47]

CI&T/FLOW

In 2023, CI&T launched /FLOW, its enterprise-grade AI platform with the purpose of revolutionising software and digital development workflows. [48] The aim of /FLOW is to integrate collaborative AI agents with human counterparts across the entire digital production lifecycle; from ideation to operation. These agents are built with the goal to enhance productivity, reduce organisational complexity, and improve team performance.

List of awards and public recognitions starting from 2022

NameYearCountry
Leader in Modern Application Development Services - The Forrester WaveTM: Modern Application Development Services, Q3 2022.[49]Q3 2022United States
Great Place to Work, 4th place in the ranking of large companies (from 1,000 to 9,999 employees) [49] Q3 2022Brazil
Great Place to Work IT Big Companies [50] Q3 2022Brazil
Strong Performer - 2024 Gartner Peer Insights™ Voice of the Customer for Custom Software Development Services [56] 2024United States

Offices

United States

Brazil

Australia

Canada

China

Colombia

Japan

United Kingdom

Portugal

Acquisitions

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

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References

  1. ↑ "CI&T Reports Solid Results in 2Q23 Earnings Release" (PDF). Retrieved 2023-06-02.
  2. 1 2 "CI&T Reports Solid Results in 2Q23 Earnings Release" (PDF). Retrieved 2023-06-02.
  3. ↑ "Gigante caipira: por dentro da empresa brasileira de tecnologia que se tornou uma multinacional negociada em Nova York". ISTOÉ DINHEIRO (in Brazilian Portuguese). 2022-07-22. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  4. ↑ "O que fazemos". CI&T (in Brazilian Portuguese). Archived from the original on 2022-02-01. Retrieved 2022-09-29.
  5. ↑ Rapoza, Kenneth. "Is Brazil More Than Oil & Minerals?". Forbes. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  6. ↑ "Conheça as Cool Vendors do Gartner". Baguete (in Brazilian Portuguese). Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  7. 1 2 3 "Company of talents | Revista Pesquisa Fapesp". 2016-03-04. Archived from the original on 2016-03-04. Retrieved 2022-09-29.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
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  9. ↑ "Epoca - EDG ARTIGO IMPRIMIR - Aposta na inovação". revistaepoca.globo.com. Archived from the original on 2019-02-11. Retrieved 2022-09-29.
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  13. ↑ "Part 1 Who is Ci&T? - Ask the President - Rococo Co., Ltd". 2014-09-08. Archived from the original on 8 September 2014. Retrieved 2022-09-29.
  14. 1 2 "Software made in Brazil | Revista Pesquisa FAPESP". 2014-09-09. Archived from the original on 2014-09-09. Retrieved 2022-09-29.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
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  17. ↑ "Ci&T bets 2012 will be year for corporate mobile solutions". RCR Wireless News. 2012-04-25. Archived from the original on 2022-09-29. Retrieved 2022-09-29.
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  22. ↑ Olenski, Steve. "How Coca-Cola Is Spreading Happiness At The 2014 World Cup". Forbes. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
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  29. ↑ Mari, Angelica (2022-01-14). "CI&T compra agência inglesa Somo Global, de produtos digitais". Startups (in Brazilian Portuguese). Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  30. ↑ "CI&T compra Box 1824, agência que explica geração Z para Nike e Google". Exame (in Brazilian Portuguese). 2022-06-01. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  31. ↑ "CI&T compra Transpire por US$ 16,4 milhões e aumenta presença na Austrália". Valor Econômico (in Brazilian Portuguese). 17 August 2022. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
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  34. ↑ https://web.archive.org/web/20140908202718/https://www.iaop.org/content/23/152/2046/. Archived from the original on 8 September 2014.{{cite web}}: Missing or empty |title= (help)
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  37. ↑ "IAOP :: 2010 Global Outsourcing 100 Sub Lists". 2011-02-27. Archived from the original on 27 February 2011. Retrieved 2022-09-29.
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  44. ↑ https://ipnews.com.br/cit-e-a-unica-brasileira-no-ranking-das-melhores-empresas-para-trabalhar-na-asia-em-2020/. Archived from the original on 2022-10-03. Retrieved 2023-06-02.{{cite web}}: Missing or empty |title= (help)
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  48. ↑ "CI&T Flow (Platform)".
  49. ↑ "Redirect Notice". www.google.com. Retrieved 2023-02-01.[ permanent dead link ]
  50. ↑ "Redirect Notice". www.google.com. Retrieved 2023-02-01.
  51. ↑ "CI&T Acquires Comrade: Together, We Are Thoughtfully Fast". CI&T. Archived from the original on 28 October 2021. Retrieved 2 June 2023.
  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". ChannelE2E: Technology News for MSPs & Channel Partners. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  54. ↑ "CI&T compra Box 1824, agência que explica geração Z para Nike e Google". Exame (in Brazilian Portuguese). 2022-06-01. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  55. ↑ "CI&T avança na Austrália com terceira aquisição desde a estreia na bolsa de NY". O Globo (in Brazilian Portuguese). 17 August 2022. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  56. ↑ Eduardo Galvão; Caroline Shawyer; Zella Panossian (2022-08-17). "CI&T Acquires Transpire to Enhance its Growth in Australia and APAC". CI&T. Retrieved 2 June 2023.
  57. ↑ "CI&T adquire a provedora de transformação digital americana NTERSOL".[ permanent dead link ]
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