Red Hat to strengthen presence in Bolivia

Wednesday, December 14, 2011

US Linux operating systems provider Red Hat (NYSE: RHT) expects to strengthen its presence in Bolivia, the company's regional sales manager for Spanish-speaking South America, Germán Soracco, told BNamericas.

The executive said the company plans to have its own staff in this market in the short term. Red Hat is still evaluating whether to open a field office in the country, where it currently works with a distributor.

"In all the countries where we operate, we need to have our own staff to provide support to our clients," Soracco said.

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During 2012, Red Hat will work to consolidate its operation in the Andean region, the executive said. Last year, the firm opened an office in Colombian capital Bogotá.

Soracco said the company's operation in Spanish-speaking South America will grow some 25-30% this fiscal year, ending February 2012.

The countries where the company is seeing the fastest growth are Argentina and Chile, as well as Andean countries such as Ecuador, Colombia and Venezuela, according to the executive.

"In Argentina, the government is a very important player. In Chile we are expecting to grow above the average for the region," Soracco said.

In terms of revenue contribution, the key markets for Red Hat in the subregion are Colombia, Chile, Argentina and Peru.