Sonda expects to surpass US$1bn in sales

- Tuesday, March 29, 2011

Sonda expects to surpass US$1bn in sales

Chilean IT systems integrator Sonda expects sales volume to surpass US$1bn in 2011, local newspaper Diario Financiero quoted the company's general manager, Raúl Véjar, as saying.

Over the past few years, Sonda has maintained an average growth rate of 20%, while launching new projects and working to expand its regional presence. In 2010, the company's sales volume surpassed US$950mn, representing 19.1% growth over 2009.

For 2011, Sonda expects to invest US$30mn in building a data center in Chile's metropolitan region, while also opening a new corporate building outside of São Paulo, Brazil. Another initiative for the year is improving the company's cloud computing service and replicating it in all the countries where Sonda has a presence.

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According to Véjar, innovation has been important for the company's growth, in and outside of Chile.

Some of Sonda's showcase projects in Chile include online government procurement portal ChileCompra, the task of updating national identification cards and passports, and the Bip! card payment system for capital Santiago's mass transport system, Transantiago. In 2010, Sonda also won a contract to be financial administrator for Panama's new public transportation system, Metrobús.

Adding to these initiatives is Sonda's new cloud computing system, which was launched in 2010 and is directed at the corporate world.

Sonda has also sought out acquisitions after announcing in 2009 that it planned to invest US$500mn from 2010-12, half of which was to go toward purchasing new companies. In 2010, the company acquired three companies in Brazil, one in Mexico and another in Argentina.