Chile-IT Establishes Presence in U.S. Through Strategic U.S. Customers and Partnerships

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Growth of IT Services in North America Generates $1 Billion in IT Revenues for Chile.

Chile-IT, America’s IT Partner, today announced rapid growth of Chilean-based IT services in North America. Since its founding in mid-2009, Chile-IT has assisted its member companies in partnering with U.S.-based companies. Chile-IT’s growth in U.S. partners and customers, including Todo1, Infinera and Telsource, has so far generated $1 billion in IT revenues in Chile.

Chile-IT is the international umbrella organization of the Chilean Association of Information and Communications Technologies (ICT) companies (ACTI), an industry association of leading IT companies based in Chile. ACTI is supported by CORFO, the Chilean Economic Development Agency. Chile-IT member companies consist of some of the most successful and influential companies in Chile and Latin America. Chile-IT’s member companies include Coasin Global Services (application development and remote infrastructure managed services), Excelsys (online banking technology), Ki Teknology (digital marketing and web development), Novared (managed security solutions) and Synapsis (outsourcing and data center management mainly for the utilities industry).

“The information technology industry is growing rapidly in Chile and the country has undeniably emerged to be the next IT outsourcing hub and premier nearshore destination for U.S. companies,” said JC Munoz, CEO, Chile-IT. “U.S. companies and partners are increasingly taking advantage of Chile-IT’s technology expertise, diversity of service specializations, geographical advantage and cultural similarity. U.S. companies and partners can also begin to benefit from the IT resources of Latin America that we can provide in an organized and stable environment.”

Key new customer wins and partnerships for Chile-IT member companies include:

  •     Coasin Global Services:

o    Infinera – Infinera is a world leader in optical networks, providing digital optical networking systems to telecommunications carriers worldwide. As a partner of Infinera, Coasin provides support services to Infinera customers in Chile and Argentina.
o    Telsource – Telsource provides nationwide installation, maintenance and managed network services for voice, data and video networking for a variety of industries including financial, insurance, retail, hospitality and telecommunications. Coasin helped Telsource gather and analyze its data and information for Web portal services.
o    TIBCO Software – Headquartered in Palo Alto, California, TIBCO Software Inc. provides enterprise software to leading organizations around the world. With over 4,000 customers and offices in 40 countries, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, providing the information and intelligence tools needed to make faster and smarter decisions. TIBCO has outsourced an analysis and data collection function of an internal business solution to Coasin.
o    Other multinational companies with U.S. operations or offices that are customers of Coasin’s include Freeport-McMoRan Copper & Gold Inc, Liberty, BHP Billiton, Xstrata Copper, Anglo American, Wal-Mart, and DirecTV.

  •     Excelsys:

o    Clear2Pay – Based in Belgium but with operations in the U.S., Clear2Pay provides World Class payment solutions for financial institutions. In order to enter the Latin American market, Clear2Pay sought out Excelsys given its strong footprint in Chile and Latin America at large as a premier provider of online banking technology. Clear2Pay uses Excelsys to compliment its own hub payment technology to offer a more customized and comprehensive solution.
o    Todo1 – Based in Miami, FL, Todo1 is owned by a consortium of banks in Colombia and Venezuela offering to their owners a variety of technology services. As a Clear2Pay partner, Excelsys delivers high value services to Todo1 thru a dedicated team of specialists implementing EBPP (Electronic Bill Presentment and Payment) module of the payment solution.

  •     Ki Teknology:

o    Tree House Interactive Agency – A 15-person interactive agency based in metropolitan New York partnered with Ki Teknology to maximize both companies’ service offering to increase client success across numerous projects including web services, project management development and design. Tree House recently relocated one of its lead developers to live in Chile and work on-site at the Ki Teknology headquarters in order to boost collaboration between the partners.

  •     NovaRed: Since 1995, NovaRed has developed a breadth of managed security services that enhance and extend companies´ information security. It has a team of certified security professionals on top security platforms such as Check Point, Imperva, McAfee, as well as expert knowledge on security platforms developed by IBM and Cisco.
  •     Synapsis: Founded in 1998, Synapsis has emerged to become one of the largest IT solutions company in Latin America with a strong focus on serving companies in the utilities, government, oil, gas and mining industries. In 2009, Synapsis served235 clients, reaching a total customer base of 320 clients located across Latin America, Europe and North America.

In addition to its current member companies, Chile-IT plans to sign five more partnerships with Chilean-based companies in 2010, continuing its efforts to drive the growth and adoption of Latin American outsourcing among U.S.-based companies.

About Chile-IT
Chile-IT, America’s IT Partner, is the international umbrella organization of the Chilean Association of Information and Communication Technologies companies (ACTI), the industry association of leading IT companies based in Chile, and is supported by CORFO, the Chilean Economic Development Agency. Comprised of Chile’s most elite IT companies, Chile-IT offers U.S. firms a nearshore outsourcing partner that provides high-value service and expertise in numerous industries, including application development, software development, online banking services, digital marketing and design services, security solutions and various IT-related specialties. For more information, visit http://www.chile-it.com.

Chile-IT Contact:
Julian McBride
Horn Group
(646) 202-9755
julian(dot)mcbride(at)horngroup(dot)com

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