Daitan (Now Encora) Named One of The Americas’ Fastest Growing Companies
- Posted by Marketing Daitan
- On April 6, 2022
- Awards, Daitan, Daitan Hiring, Encora
Brazil’s Tech Giant Daitan Has Been Recognized by the Financial Times for the 3rd Consecutive Year
Campinas, SP – April 6, 2022 – Encora, a global digital engineering services company, announced today that its Brazil subsidiary, Daitan, has been awarded the title of one of the Americas’ Fastest Growing Companies for the 3rd consecutive year by the Financial Times (FT).
Daitan joined Encora in July 2021 following successive years of high growth (as recognized by the Financial Times) and is now rebranding to Encora. The company achieved “unicorn status” when Advent International became a majority shareholder in December 2021, assigning the company a valuation of approximately 1.5 billion USD.
“The Financial Times’ award is an affirmation of the outstanding growth journey that we are on. As part of Encora, we will continue on our path to building the world’s leading software engineering services company, bringing top-tier Brazilian and Canadian engineering talent to the world,” says Augusto Cavalcanti, founder of Daitan.
Since being acquired by Encora, Daitan has achieved +33% organic growth. Daitan’s extraordinary growth has been driven by the expansion of relationships with existing clients such as Dow Jones, Microsoft, British Telecom, Wind River, NRCCUA/ACT and VMware. In addition, there is significant demand for Brazilian and Canadian talent at Encora, with over 500 open positions for software engineers.
“We are proud of the global company we are building,” says Venu Raghavan, CEO, Encora. “Daitan has added award-winning proprietary technology and software engineering talent to Encora, and we’re thrilled they are joining our global brand!”
With its global delivery footprint and differentiating nearshore capabilities, Encora is well-positioned to capitalize on the growing digital services market. Encora has deep expertise in Artificial Intelligence & Machine Learning, Data Science & Engineering, Cloud Services, and other next-generation digital engineering disciplines that drive growth for customers. Encora focuses on high growth tech-enabled industries such as FinTech, Digital Commerce Platforms, HealthTech, EdTech, HiTech, Identity and Access Management (IAM) & Cybersecurity, Supply Chain & Logistics, and Telecom.
Learn more about Encora
Headquartered in Scottsdale, AZ, Encora is an established leader in Software and Digital Engineering Services, specializing in innovation acceleration for leading-edge technology companies. Encora has over 6,700 associates in 40+ offices and innovation labs across Canada, U.S., Mexico, Costa Rica, Brazil, Colombia, Peru, Bolivia, India, and Asia Pacific. Encora’s global talent pool, micro-industry vertical expertise, and proprietary agile engineering capabilities enable customers to improve their speed to impact. For more information, please visit us online. Website: www.encora.com LinkedIn: www.linkedin.com/company/encorainc
