Prakat Solutions looks for partners to enter Latin American markets

Tuesday, August 30, 2011

Indian software firm Prakat Solutions is looking to enter the Latin American market in the short term, company CEO Anuradha Biswas told BNamericas.

Biswas said the firm is starting to seek business partners in Argentina and Brazil and expects to have one in each country before year end. "Depending on our success in these two markets we will look for partners in other countries such as Mexico and Colombia," she said.

"However, we also know that smaller countries also have very significant growth potential but we will target those markets in a second phase as we are a relatively small company," Biswas said.

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Biswas said Latin America could represent approximately 20% of the company's global revenues in two or three years.

Prakat Solutions is a technology solutions company specializing in cloud computing, virtualization, independent testing, test consulting and open source software.

The company is headquartered in Bangalore and also has offices in Texas.