Neoris

  • Independent research firm includes Neoris in a market valued at $26.5 billion
  • Brazil and Mexico are the countries with the higher growth in the region

MIAMI – Neoris, a global business and IT consulting company, is one of the top 20 IT services provider with the highest market share in Latin America based on revenue, concludes Gartner, Inc. in its recently published report titled “Market Share Analysis: Regional Players Gain Increasing IT Services Market Share, Latin America, 2009,” by Jason Harris, 26 April 2010.

Gartner analysts concluded: “During 2009, local Brazilian and Mexican service providers showed the strongest growth in the region, capturing an increasing market share over the multinational service providers from North America and Europe.”

Gartner estimates that Brazil represents approximately 55% of the total IT services market in Latin America followed by Mexico (18%, with a growth rate of 6.9%), Argentina (7%), and Chile (6%). The Latin America IT services market is valued at $26.5 billion in 2009.

The report ranks Neoris among the top 20 international companies with the highest market share in the IT services industry based on revenue in Latin America. Neoris attributes its success in 2009 to its stronger presence in the North American market through nearshore services during the economic recession.

“Neoris is proud to be among the top 20 providers with the highest market share in the IT services industry in the region,” said Claudio Muruzábal, CEO at Neoris. “Companies have a great need for outsourcing services that are world-class, competitive in pricing and complemented with business consulting that helps them grow and respond quickly to the market demands. Neoris’ approach of providing customers with the best services is paying off.”

Within the IT Services Market, Gartner analysts report that the only sector to see growth during 2009, at 1.5%, was IT Management, which represents 29% of the total market for this industry. The industries that had the highest demand for services in the Latin American IT services market are: Financial Services (24.5%), Communications (21.8%), Manufacturing (10%), Retail (6.5%), and Services (6.4%), among others.

About Neoris

Neoris is a global business and IT consulting company that specializes in SAP and application outsourcing. Neoris is the largest IT consulting and systems integration company in Mexico and the second largest in Latin America. Neoris offers systems integration, custom application development, IT consulting, and software deployment and support solutions. The company is a leading provider of nearshore outsourcing services through a global delivery model leveraging six worldwide software development centers. In 2009, Global Services ranked Neoris as the Best IT Service Provider in Latin America. Headquartered in Miami (FL), Neoris has operations in the U.S., Europe, Latin America, Africa, and the Middle East. For more information, visit www.neoris.com.

Source: www.neoris.com