Operators Investing on Network Management Provided Leverage for Ícaro Technologies to Grow in 2011

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The integrator company ended 2011 with revenues 10% higher as compared to 2010. In 2012 Ícaro plans to enter the market of solutions for security and assets management market

Ícaro Technologies, a Brazilian leading company in integration of management solutions, ended the year of 2011 with revenues over U$ 10 million, an amount 10% higher as compared to 2010. These figures results from an increase in the demand for IBM Tivoli and BMC management solutions coming from large enterprises in Brazil, especially from the telecommunications segment.

According to Kleber Stroeh, Ícaro’s Executive Director, 2011 was a very positive year for the company, which grew mainly within its customer base (which includes now the main players from the telecommunications sector) and boosted its profit margins by over 100%. “It was a year where in Brazil large telecom operators invested on the management of their networks and operations, improving their infrastructure, managing faults and providing better services to customers,” he says.

Stroeh points out that the same level of investment on management technologies is expected for 2012. Therefore, Ícaro has set an increase in its revenue forecast for the year.

“Due to the increase in liquidity abroad and low interest regarding developed markets in relation to their profitability, there is an incoming flow of foreign capital addressed to investment in infrastructure projects in Brazil. The forthcoming World Cup has been attracting such investments, including the ones linked to telecommunications services. Therefore, this investment scenario will not be changing in the short term,” he explains.

In 2012 Ícaro will also be investing in a new offer for security management in financial institutions and retail. The company will intensify the offer of IBM solutions addressed to the management of identity, access and compliance. “Compliance requirements and fraud fighting have been forcing companies to keep a strict control over who accesses and operates each one of their systems. This is one of the points focused by our new offer,” says Kleber Stroeh.

Another promising area is infrastructure management, addressed to companies that have large sets of mobile and fixed assets. “Our solution is addressed both to retail companies and financial institutions which have points of presence (and consequently assets) all over the country, as well as to telecom operators and utilities companies which have to keep control over a geographically spread structure,” adds Stroeh.

About Ícaro Technologies
Partner in Brazil of BMC Software and IBM, Ícaro Technologies is a leader in the integration of management solutions. Acting in over 11 countries, Ícaro develops and integrates solutions in the fields of Security Management, IT Services Management, Network and Systems Management and Asset Management, since 1997.
Ícaro Technologies adopts a process based on the PMI, IBM Rational Unified Process (RUP), MPS.Br and CMMi reference models in its offerings to achieve high quality standards.
Among Ícaro’s customers are large companies from segments as telecommunications, finances, retail and industry, such as GVT, NET, Telefônica, Vivo, Itaú, Bradesco, Redecard, Carrefour, Casas Bahia, Magazine Luiza, and British Telecom.
Ícaro Technologies is a member of the Brazilian software export consortium Actminds. More information at http://www.icarotech.com/en.

Information to the press:
MedialinkComunicação
+55 19 3385-5478

Fernando Marchi
fernando.marchi(at)medialink.com.br
+55 19 9662-1192

Deborah Chiari
deborah.chiari(at)medialink.com.br

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Fernando Marchi
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Deborah Chiari
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