Fast Company Names Stefanini One of the Most Innovative Companies in Brazil

News provided by

Feb 24, 2012, 09:00 ET

SOUTHFIELD, Mich., Feb. 24, 2012 /PRNewswire/ -- Stefanini (www.stefanini.com/EN/) today announced that it has been recognized in Fast Company's annual Most Innovative Companies issue as one of the top 10 innovative companies in Brazil. Stefanini was recognized for "going where the clients are." Specifically, Fast Company stated that Stefanini was Brazil's largest IT services company, cementing its global presence by expanding further into fellow emerging economy and outsourcing powerhouse, China. Stefanini also has designs on making inroads in Japan: Its new software development center is located in Jilin, a city in China that has a large Japanese-speaking population.

Stefanini's recognition from Fast Company comes amidst a period of strong growth and innovation for the company. Brazil-based Stefanini – a global provider of onshore and nearshore IT consulting, integration and development, and outsourcing services – finished the year with $720 million in global revenue, representing over 20% growth from 2010. Stefanini expects continued revenue growth in 2012, as high as 35 percent, despite continuing global economic challenges.

Stefanini also announced an expansion of operations in other regions worldwide, the most recent in China, where the company is adding new service delivery capabilities that address the needs of a growing base of global clients in that country. Over the next three years, Stefanini plans to invest $3 million in the region and will grow and train a team of 1,000 employees, working out of offices in Shanghai and the northern Chinese city of Jilin.

"We are honored to be recognized among some of the world's leading innovative companies," said Antonio Moreira, CEO, Stefanini North America & APAC. "To be included on a list along with Apple, Facebook and Google is a testament to our goal of continuing to provide localized, personalized support while extending our global presence and expanding our service offerings."

Fast Company's editorial teams evaluated information on thousands of businesses across the globe to create the World's Most Innovative Companies issue.

Annually, Fast Company conducts an extensive industry search for the most innovative companies across a broad array of industries including web/internet, retail, food, education, consumer electronics, biotech and more. For the full listing of Fast Company's Top 50 Most Innovative Companies 2012, please visit: http://www.fastcompany.com/most-innovative-companies/2012/industry/brazil#stefanini

About Stefanini

Stefanini is a global IT services company with over 70 offices in 28 countries across America, Europe, Africa, Australia, and Asia. Since 1987, Stefanini has been providing offshore, onshore and nearshore IT services, including application outsourcing, IT infrastructure outsourcing (help desk support and desktop services), systems integration, consulting and strategic staffing to Fortune 1000 enterprises around the world.

With a base of over 500 active clients, including more than 300 multinationals, Stefanini maintains a strong presence in industries such as financial services, manufacturing, telecommunications, chemical, services, technology, public sector, and utilities. Clients benefit from Stefanini's financial stability, sustained year-over-year growth, and zero net debt. The corporate global headquarters is located in Sao Paulo, Brazil with European headquarters in Brussels and North American headquarters in metropolitan Detroit.

SOURCE Stefanini