Dimension Data posts 30% growth

- Monday, February 14, 2011

Dimension Data posts 30% growth

South African IT services provider Dimension Data ended 2010, its first year of operations in Chile, with 30% growth, Dimension Data Chile's country manager, Alberto Mordojovich, said in a company press release.

Dimension entered Chile in April last year through its 51% acquisition of local IT systems integrator Magenta.

With nearly US$20mn in sales, Dimension experienced the largest boost at the end of the year, as the beginning of 2010 was plagued by the effects of the financial recession and the February 27 earthquake.

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The Chile expansion was mainly marked by the delivery of services for telecoms companies, Mordojovich said. He also attributed the results to the improved performance of the country's economy and indicators of national growth, as well as the implementation of projects that were first delayed by the international financial recession.

Entering the Chilean market has positioned Dimension Data to access major projects, as well as to offer better financial and technical support, while focusing on broadening its operations, according to Mordojovich.

The integration of human resources, finances, logistics and other key areas has moved quickly during the acquisition process of Magenta, he said.

For 2011, Dimension Data has announced plans to venture into a new market segment of virtualization and data centers, where the company will operate as an infrastructure facilitator. Mordojovich predicts the company will see 20% growth this year.