Russian software solutions vendor 1Ci expanded its operations to Colombia, presumably to capture a piece of Latin America’s growing digital pie.
This is the second office in Latin America for the Moscow-headquartered vendor, with the first one located in the Ecuadorian capital, Quito.
1Ci, whose low-code platform is popular among software developers, hopes to open delivery centers in key cities across the country, including Bogota and Barranquilla.
In addition to a low-code platform, 1Ci sells tech solutions that automate critical functions such as accounting, payroll and corporate management.
“Our products are used by over 1 million companies around the world,” the software vendor told Colombian media earlier this month.
Colombia is the gateway to Latin America’s IT services industry, the company said, adding that it plans to expand its operations across the region in the coming years.
“We see Colombia as a benchmark for information technology in the region. We have identified great market potential [and] willingness to adopt disruptive technologies,” stated Jaime Delgado, Country Manager of 1Ci.
There is no information on how many people the company would employ in Colombia, nor is there any figure on how many people it has employed elsewhere in the world.
1Ci, one of Russia’s largest IT companies, was founded in 1991. Analysts estimate its annual turnover at several billion dollars.