Education, banking verticals to account for 80% of Prosol's revenues next year

Thursday, November 24, 2011

Spanish IT firm Prosol's Colombia subsidiary expects the education and banking verticals to account for 80% of its revenues in 2012, Prosol Colombia country manager Jaime Zuluaga told BNamericas.

Zuluaga said that media and health verticals will represent the remaining 20%. The firm kicked off local operations last month.

The company, which focuses on storage and data management solutions, is working with partners in Colombia such as NetApp, VMware, Commvault and Quantum. "With these four firms we have a good coverage. We are not expecting to add new partners in the short term," the executive said.

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Zuluaga said that Prosol Colombia expects to be among the three top partners of each of the manufacturers the firm distributes by the end of next year.

The executive said that business in capital Bogotá will account for approximately 70% of the firm's revenues in 2012, but "we may consider opening additional offices across the country if necessary."

Commenting on Prosol's regional expansion plan, Zuluaga said that the firm expects to launch local subsidiaries in Mexico and Argentina during 2012. However, the precise timeline for these launches has yet to be defined.