Chilean technology provider Belltech is looking to have more than US$60mn in sales volume during 2011, according to a press release from the company.
Sales volume for Belltech grew 36% in 2010 to US$41mn.
To drive the increase in sales volume, Belltech said it expects to have a presence in the main business centers of the countries where it is currently located, which include Argentina, Chile, Colombia, Peru and Brazil.
According to Belltech executive VP Rodney Everard, Chile's technology applications market as a percentage of the country's GDP is half of what is being invested in the US, showing that there is a lot of room to develop innovative projects in this area.
Everard said Belltech has various projects currently underway in Chile, such as self-checkout stations installed in Tottus supermarkets and the special terminals at Chile's fourth largest bank, BCI. According to Everard, the company also has many different projects in development as well.
According to Belltech, its level of participation in contact center and unified communications solutions in the retail and banking sectors accounts for nearly 40% of the market. In the self-service systems market for banking and retail, Belltech has sustained growth rates of more than 50% since 2005.
The company has more than 700 clients in the region.