European technology services firm Indra Sistemas has introduced its consulting unit Minsait to Brazil in order to support local companies in their digital transformation, according to a press release.
Minsait was first launched in 2016 and is already operating in Mexico, Italy, and Spain.
Indra says it is the right time to launch the service in Brazil, as companies are rethinking their operations and trying to reinvent themselves after years of sluggish economic growth.
“It is estimated that investments in digital transformation will amount to US$6.3 trillion between 2018 and 2020, and we believe that Brazil must capture the opportunity,” said the technology company.
Although Indra employs more than 5,000 people in Brazil, Minsait will be staffed with 300 digital experts, with the company hoping to add more people to its payroll over time.
The announcement comes barely a month after Indra acquired Paradigma, a digital transformation service provider specializing in digital strategy, customer experience, artificial intelligence, big data, and cloud.
Paradigma not only bolstered Indra’s technological know-how, but it also added 400 digital experts to its global workforce.
The European vendor has grown into a significant player in the Brazilian IT market after it acquired a 100% holding in Politec, one of the most prominent IT companies in Brazil.
Today, Latin America represents more than 30% of Indra’s revenue, and the company is said to have employed 15,000 people in the region, where it runs eight software labs and 17 centers of excellence.