Information Technology attracts Indra and Serena to Brazil
DCI
The negative effect of the economic crisis in the European countries continues to attract investments from foreign companies to Brazil, as in the case of Spanish giant Indra, a developer of management software. The company, which earned 180 million Euros in the first half driven by the sales in Latin America, intends to increase the investments in the Country five times between this and the next year, in order to make Brazil the most profitable country for the company among the Latin Nations, a position which is currently held by Mexico.
Indra managed to increase its operation in the Southern Cone about two years ago, when it acquired Spanish Azertia and Soluziona companies. "With the purchase of Azertia we gained knowledge in the banking sector and with Soluziona we gained experience in the energy segment", said Joaquín Díaz García, CEO of Indra Brasil, in an exclusive to DCI.
According to García, the investments in Brazil between 2009 and 2010 are to be multiplied by five in order to increase the operation of the company in the Country, with the construction of two research and development centers, the opening of one office in Rio de Janeiro, besides the acquisition of anther technology company with operations in Brazil. According to García, the Research and Development Center located in Campinas (SP) develops a specific technological platform for the oil and energy markets. The two other ones, which are still under development, are located in Alphaville (SP) and Belo Horizonte (MG), and are to be focused on the banking/telecommunications and energy segments, respectively.
North-American Serena, specialized in technological solutions for work processes and development systems, plans on investing an amount of US$ 3 million between 2009 and 2010 in order to expand the local presence of the company that, until little ago, operated through partners and regional distributors. In July, the company opened an office in São Paulo to manage the Latin American Southern Cone. The expectation is to close the year with a growth of 30%.