Brazilian IT services firm Gateware has expanded its operations to the United States and Argentina simultaneously, with its executives projecting the company to grow 60% this year.
The Curitiba-based IT provider, which has set aside US$746,548 for the expansion, says it would hire 30 people in Buenos Aires and 15 professionals in New York City. Both offices will serve the company’s clients in the beverage industry.
Gateware began its operations as a software developer but has now expanded its services to numerous areas of information technology. In Brazil, its other delivery centers are located in Sao Paulo and Rio de Janeiro.
This is its first international expansion. Analysts say Gateware’s revenue is growing rapidly after it acquired an AI startup called Bexpo earlier in April.
Bexpo’s flagship technology platform LivID is widely popular in Brazil, where elderly people use it for applying for their pension. In the last two months alone, its clients doubled, according to Brazilian media outlets.
When the coronavirus outbreak resulted in travel restrictions in Brazil, Gateware quickly moved all its employees to a remote working environment. Now the company officials say a large majority of their staff will operate from home by 2023, adding that remote working will help them save costs.