Nearshore Americas

CI&T Launches $2 million Mega Innovation Center in the Silicon Valley

Nearshore IT services vendor CI&T has unveiled a mega innovation center in the US Silicon Valley with a dual goal of developing cutting-edge technology solutions and keeping pace with its international rivals.

Built at a cost of US$2 million, the facility is nicknamed ‘Prisma’ and has1,500 square meters of floor space. This is the company’s third Prisma innovation center, with the other two located in the Brazilian cities of Campinas and Belo Horizonte.

Prisma is comprised of a studio for the production of audiovisual material. In addition, there is a lab, which the company wants to dedicate to building prototypes of new technology products by leveraging its expertise in machine learning and artificial intelligence (AI).

It seems CI&T began building Pisma in the Silicon Valley in 2017 when it acquired a tech startup called comrade.

The expansion is part of the company’s goal to earn 1 billion Brazilian reals (US$247 million) annually by 2020.

“Our goal is to enable a well-structured bridge between Brazil and the US, so that our customers can connect with disruptive digital businesses in the region and gain unparalleled digital transformation skills,” said Leonardo Mattiazzi, CI&T Global Vice President of Innovation, adding that he likes to welcome Brazilian clients in the Silicon Valley.

With more than 2,500 employees, CI&T is one of a very few Latin American IT providers running delivery centers in China and Japan. But 40% of the company’s geographic footprint is in the US, with senior executives expecting this figure to increase to 50% over the next decade.

Sign up for our Nearshore Americas newsletter:

The company’s customers include Cola-Cola, Investco, Bank of the West, Charles Schwab, iHeartMedia, Kohl’s and Konica Minolta.

Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

Add comment