Finish software vendor Tecnotree has opened a research & development center in the Argentinean city of Cordoba.
Situated in a business park called ‘Ciudad Empresaria’, the R&D center will set the stage for the company to expand operations to other parts of Latin America, stated Tecnotree in a press release.
“Leveraging Tecnotree’s global network and experience, the new office will further strengthen our service capabilities in Latin America,” said Armando Martinez, Regional Vice-President of Tecnotree.
“We have sensed the economic opportunities arising from the region and will contribute to its development.”
Headquartered in Espoo, Finland, Technotree is not new to Latin America. It is already running offices in Ecuador and Peru, but it is not clear as to how many people it has employed in the region.
The company was previously known as Tecnomen but rebranded as Tecnotree in 2008 when it acquired Indian software services provider Tifetree for US$46 million. Though it has 11 delivery centers across the world, a large majority of its workers are based out of India.
In Latin America, most of its clients are telecom carriers. In December 2020, it landed a deal with Claro, a subsidiary of Mexican telecom giant America Movil, to provide solutions for virtualization.