Brazilian multinational IT service Stefanini ended 2021 with a positive financial performance as customers accelerated projects related to digital transformation.
Considered one of the Brazilian success stories of internationalization in the IT sector, Stefanini has expanded to 41 countries since its founding in 1987. The company focuses on services around automation. digitization, cloud, Internet of Things and user experience, as well as the application of artificial intelligence to traditional services such as service desks and business process outsourcing.
In results released today (4), the company reported global sales of 5 billion Brazilian reais ($1.09 billion). Although it did not provide a performance breakdown for each country, the company said Brazilian activity grew 20% in 2021 year-over-year, the best result in the past decade. It added that the growth witnessed last year was driven by the arrival of major clients and broadening the scope of existing clients’ work around digital transformation.
“We listen to our customers a lot to really understand what they need, what the main challenge is to come up with customized solutions that can solve problems in the short, medium and long term, depending on the project and the urgency,” said Marco Stefanini. , CEO and founder of IT services company.
“We’ve listened and encouraged, more than ever, to co-create with our customers, because we understand that innovation is part of a collaborative project for a better future, be it for employees, customers and business partners. So I say 2021 is the best performance of the last ten years for Stefanini Group in terms of opportunity, learning, resilience and business growth.” , the executive added.
Furthermore, the company says most of its positive results in Brazil are due to Stefanini Ventures, the company’s digital business arm, which aims to invest 500 million Brazilian reais ($108 million) in 2020. la) into acquisitions within three years and 10 deals. has taken place so far. “We will exceed that target,” Stefanini said.
According to the company, it expects to achieve 25% growth by 2022. “We believe in a hybrid model, combining acquisitions with organic growth, delivering great shareholder value. and employees,” the CEO noted.
Stefanini employs more than 30,000 people globally. By 2021, the company determines that at least 80% of its workforce will adapt to the home office model in full, partial, or flexible variants. With the shift in work patterns, the company’s workforce is now present in 1,000 cities globally, compared with 480 locations before the COVID-19 pandemic.
