Kalendae grows 38% in 2010, launches GaaS offering

- Wednesday, March 9, 2011

Kalendae grows 38% in 2010, launches GaaS offering

Brazilian IT firm Kalendae saw revenues grow 38% last year compared with 2009, the company said in a statement without reporting hard figures.

Kalendae has been experiencing growth rates to the tune of 50% over the last few years.

The firm, which specializes in IT governance, expects to expand its business by 50% this year. To achieve this goal, Kalendae plans to launch two new services in the local market - Governance as a Service (GaaS) and a Pocket MBA course launched in association with Boston-based Bentley University.

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According to company CEO Elio Boccia, 30% of Kalendae's revenues this year will come from offering the GaaS services, which "reduce up to 50% the cost of implementing an IT governance project."

The launch of this new service will require additional employees. "Today we have 32 employees, and we expect to reach 50 by the end of the year," he said.

Meanwhile, the Pocket MBA course, oriented to IT managers and directors, will take place on the Bentley University campus, on May 23-27.

Kalendae has a distribution agreement with British firm Fox IT for the Brazilian as well as overall Latin American markets. Fox IT is a specialist in ITSM and governance practice.

Founded in 2006, the company also has presence in Mexico.