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CI&T
Company typePublic
Traded asNYSE: CINT
IndustryInformation technology
Founded1995
HeadquartersCampinas, São Paulo, Brazil
Oakland, California, United States
Key people
ServicesAgile software development

Infrastructure management Mobile application development User experience Software design

Offshore software development
RevenueIncrease R$ 571.8 million (2023)
Net incomeR$ 571.8 milhões
Number of employees6,000+
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. The company has expertise within the automotive, hi-tech, financial, insurance, manufacturing, media, retail, life sciences and healthcare industries.

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. Among the company's first clients were IBM and Hewlett-Packard (HP), Vale, Natura, and Globo.

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. 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. 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.

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

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. 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.

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

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

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

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

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

CI&T/FLOW

In 2023, CI&T launched /FLOW, its enterprise-grade AI platform with the purpose of revolutionising software and digital development workflows. 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.

References

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