Company expanded its operations in seven countries in the region
Tivit announced the investment of R$ 170 million in Latin America in 2015. The funds will be used strategically to support the company's activities during the year: 65% for the growth of its operations, including infrastructure and the acquisition of new customers, and 35% in technological updates to support the services currently offered.
The company expects to maintain the pace of growth this year and reach revenues of R$ 2.5 billion, an increase of around 20% over 2014. "To achieve our goals, we will adopt a strategy of organic growth and cross-selling, extending contracts with existing customers and offering new services in our portfolio", explains André Frederico, director of Corporate Development at Tivit.
The areas of Cloud Computing, Information Security and Smart Systems are strategic for Tivit, with the expectation of strengthening even more this year. Verticals in which the company already has expertise, such as means of payment, banks, insurance companies and utilities also remain in the company's planning.
Last year, Tivit closed its balance sheet with a turnover of R$ 2 billion, a record number in its entire history. The year 2014 was a milestone for the company, which strengthened its international operations, expanding its presence in seven more Latin American countries: Brazil, Chile, Colombia, Argentina, Peru, Panama and Ecuador.
Latin operations
After Brazil, Tivit's largest operations in Latin America are in Chile and Colombia. The expected growth for the countries is from 10 to 15%, with the adoption of an organic growth and cross-selling strategy. The utilities, mining and retail sectors are among the main verticals of the Chilean market. Colombia also shares its expertise in utilities and brings its experience in the Oil & Gas segment to the company's current portfolio.
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