Narayan AmmachchiBrazilian information technology firm BRQ has expanded its footprint in Latin America with the launch of a delivery center in the Chilean capital of Santiago. In a statement, BRQ said it was drawn to Chile by one of its major clients.
The IT services firm is also in talks with three other existing clients who have also recently expanded their operations to the South American country. BRQ did not disclose how many employees it is going to hire in Chile.
“The BRQ strategy is to grow along with its customers, we started our internationalization in 2008 with the opening of the branch in the United States and has since participated in projects in several countries of the Americas,” said the company’s president Benjamin Quadros.
With delivery centers in almost every major Brazilian city, BRQ is believed to be the largest IT services firm in Brazil. In the last three years, it has doubled in size. Shortly after the 2014 FIFA World Cup, the IT firm hired nearly 300 employees in the space of two weeks. Today its headcount stands at around 3,500.
To jump-start its operation, BRQ is talking with several Chilean software firms to act as partners. The ultimate goal is to reach out to local businesses, stated José Antonio Pires, vice president of BRQ.
Founded in 1993 and based in Sao Paulo, BRQ offers a variety of IT services including application management, cloud computing and F&A outsourcing. There is mounting speculation that the Brazilian firm will go public some time this year.
Last year, BRQ acquired risk-management software provider InfoSolution and picked up a minority stake in management software vendor WTI.
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