IT consultancy Axxiome eyeing Americas expansion

- Thursday, May 19, 2011

IT consultancy Axxiome eyeing Americas expansion

Swiss IT consulting firm Axxiome Group expects to open offices in Brazil, Mexico and Canada in the medium term, company partner and managing director for the Americas, Alberto Garda, told BNamericas.

In Brazil, the firm will open offices in São Leopoldo and São Paulo this year, he said.

In the Americas, the company has offices in the US, Argentina and Uruguay. It launched regional operations in 2006.

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The Americas operation is growing significantly and will account for half of Axxiome's global revenues this year, compared to 30% in 2010, the executive said, adding: "This year we expect to bill approximately US$20mn, compared to US$8mn in 2010."

Garda said the firm already has some 80 SAP (NYSE: SAP) consultants.

The company expects to attract at least two new large projects in the next year. "We believe that that both the US and the Brazilian markets will start to move," the executive said.

Axxiome offers advice and solutions in the areas of core banking and core insurance, with a strong focus on SAP solutions. The company provides services for solutions that manage customer information, deposits, loans, collateral and master contracts, as well as for leasing and payment channel integration.