Softtek
{{short description|Mexican technology company}}
{{Infobox company
| name = Softtek
| slogan =
| logo = Image:Softtek logo.png
| type = Privately held
| foundation = {{start date and age|df=yes|1982||}} in Monterrey, Nuevo León, Mexico
| location = Monterrey, Nuevo León, Mexico
| key_people = Blanca Treviño (Chairperson & CEO)
Benigno López (USA)
Miguel Saldivar (Brazil)
Carlos Funes (Mexico & Central America)
Roberto Montelongo (Chief Operating Officer)
| industry = Information technology services
| revenue =
| net_income =
| num_employees = 15000 (2019)
| parent =
| subsid =
| homepage = [http://www.softtek.com/ www.softtek.com]
| footnotes =
}}
Softtek is a Mexico-based information technology company, operating in North America, Latin America, Europe and Asia. Headquartered in Monterrey, Mexico, the company has 15,000 associates in Mexico and abroad{{cite web | url=http://www.softtek.com/about/fast-facts | title=Our Company }} and is the largest private IT vendor in Latin America.{{cite web|author=Kirk Laughlin|title=Softtek Ranks 40th on IAOP Global Provider List|url=http://www.nearshoreamericas.com/softtek-ranks-40th-on-iaop-global-provider-list/3575/|work=Nearshore Americas - The New Axis of Outsourcing|date=30 April 2010}} The company offers application software development, testing, security and support; business process outsourcing (BPO); and IT infrastructure management, security and support to more than 400 corporations in more than 20 countries.{{citation needed|date=November 2014}}{{Cite web|last=|first=|date=2020|title=Softtek Global Presence|url=https://www.softtek.com/about/global-presence|access-date=|website=}} It also acts as a value added reseller (VAR) for SAP, Microsoft, Blue Yonder, AWS and other software products. The company has trademarked the term "nearshoring" to describe the provision of outsourced services to customers in other countries that are in proximity.{{cite news|url=http://www.businessweek.com/stories/2006-01-29/online-extra-can-latin-america-challenge-india|archive-url=https://web.archive.org/web/20120826220137/http://www.businessweek.com/stories/2006-01-29/online-extra-can-latin-america-challenge-india|url-status=dead|archive-date=August 26, 2012|title=Online Extra: Can Latin America Challenge India?|work=Businessweek.com|date=30 January 2006}}
History
Softtek was founded in 1982 as a small IT services company by Gerardo López, develop customized software for customers including Mexico’s second largest bank{{which|date=November 2014}} and managing their IT infrastructure. Following the passage of the North American Free Trade Agreement (NAFTA) in 1994, in 1997 Softtek introduced the nearshore model,{{Cite web|last=|first=|date=|title=Nearshore|url=https://www.nearshore.com|access-date=|website=}} opening the first global delivery center in Latin America. In August 2000, Blanca Treviño took the position of President and CEO. In August 2007, the company acquired China based I.T. UNITED,{{cite web|url=http://www.businessweek.com/globalbiz/blog/globespotting/archives/2008/03/softtek_poised.html|archiveurl=https://web.archive.org/web/20110417190934/http://www.businessweek.com/globalbiz/blog/globespotting/archives/2008/03/softtek_poised.html|archivedate=17 April 2011|title=Softtek Poised for Bigness|work=Businessweek}} extending its services to the Asian market. In December 2019, Softtek acquired 75% of Vector ITC, Spain-based digital technology services firm.{{Cite web|last=|first=|date=|title=Softtek Acquires 75% of Vector ITC|url=https://www.softtek.com/newsroom/news-releases/softtek-acquires-75-of-vector-itc2|access-date=|website=}}
Management
Softtek has one of the few female CEOs in a large multinational company.{{cite news|url=https://www.nytimes.com/2010/03/06/world/europe/06iht-ffscience.html?pagewanted=all|title=Risk and Opportunity for Women in 21st Century|work=New York Times|date=5 March 2010|accessdate=30 November 2014}} Blanca Treviño, President & CEO of Softtek, assumed the position in August 2000. Under her leadership Softtek became the largest private IT service provider in Latin America. She is a board member for Wal-Mart Mexico, The United States – Mexico Foundation for Science, the University of Monterrey, and TecMilenio University.{{Cite news|url=https://www.cnbc.com/2017/06/13/how-the-sheryl-sandberg-of-mexico-is-inspiring-women-in-tech.html|title=How the 'Sheryl Sandberg of Mexico' is inspiring women in tech|last=Ioannou|first=Lori|date=2017-06-13|work=CNBC|access-date=2018-06-20}} She is also an adviser to the Government of Nuevo León, her home state in Mexico.{{citation needed|date=November 2014}} She was featured as a “Rising Star” in 2007 by Fortune Magazine’s "50 most powerful women in global business" issue.{{cite web|url=https://money.cnn.com/galleries/2007/fortune/0710/gallery.international_women.fortune/2.html|title=Keep an eye on these four rising stars|publisher=}} Treviño was also selected as the fourth most powerful business woman in Mexico by CNN Expansión in 2008, which was her second time featured in this ranking.{{cite web|url=http://www.cnnexpansion.com/noticias/2009/04/22/4-blanca-trevino-de-vega|archive-url=https://web.archive.org/web/20090508061529/http://www.cnnexpansion.com/noticias/2009/04/22/4-blanca-trevino-de-vega|url-status=usurped|archive-date=May 8, 2009|title=Blanca Trevio de Vega|date=24 April 2009|publisher=CNN Expansión}} In 2019, WITI inducted Blanca into the Women in Technology Hall of Fame.{{Cite web|title=WITI - Blanca Trevino|url=https://www.witi.com/halloffame/370909/Blanca-Trevino-President-&-CEO-Softtek/|access-date=2020-06-11|website=www.witi.com}}
Controversy
On May 31, 2020, in the midst of the commotion by the worldwide Black Lives Matter movement, the Brazilian affiliate was involved in accusations of racism on social networks after firing an employee who led the movement in Brazil. In response, Softtek said: "our human resources policies comply with regulations and are in line with our code of ethics"
Acquisitions
| class="wikitable sortable" |
| ! width="25%" | Company acquired
! width="15%" | Country ! width="15%" | Date ! width="40%" | Business ! width="5%" | Reference |
|---|
| |Vector ITC
|{{flagicon|Spain}} Spain |December 2019 |Digital Services |
| | Itarvi Consulting
|{{flagicon|Spain}} Spain | August 2015 | Multichannel Banking Services |
| | Systech Integrators
|{{flagicon|India}} India {{flagicon|USA}} US | February 2013 | SAP® Channel and Services Partner |
| | SCAi
|{{flagicon|Mexico}} Mexico | August 2012 |SAP |
| | I.T. United
|{{flagicon|China}} China | August 2007 |SAP |
References
{{Reflist}}