Latin America among key regions for LANDesk's future growth, CEO says

- Friday, December 2, 2011

Latin America among key regions for LANDesk's future growth, CEO says

Latin America and Southeast Asia are considered strategically important for US software company LANDesk, with the two expected to grow the fastest among all regions in 2012, company CEO Steve Daly told BNamericas.

"The reason for this is that we're seeing many business opportunities in these regions. There's a base of sophisticated companies, but some of them are not yet mature when it comes to IT management," Daly said. "This is why we believe that there are huge opportunities in these markets for both security and systems management, particularly in Latin America."

To meet this growth opportunity in Latin America, LANDesk has increased its investment in the last two years, mostly in hiring new staff.

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GUIDANCE

With respect to the global business, profits this year will expand some 30% compared to the previous year, Daly said without disclosing hard figures.

"We are also expecting our revenues to grow approximately 10% this year compared to 2010," the executive said.

For 2012, Daly said the company will see similar growth levels to those of 2011. "We are seeing a slowdown in our European business, but this is offset by growth in Southeast Asia, India and Latin America."

Company sales VP for the Americas Brian Doheny previously told BNamericas that Latin America will see revenues expand 10-15% in 2012.

The company provides systems lifecycle management, endpoint security and IT service management solutions for desktops, servers and mobile devices across the enterprise segment. LANDesk is headquartered in Salt Lake City, Utah, with offices located in the Americas, Europe and Asia-Pacific.