BrazilEveris increases revenues by 14 percent for year to March 2018
Everis has posted a gigantic €1.17 billion in revenue for the end of the financial year to March 2018, according to a recent announcement by the consulting firm.
The year to March 2018 has been a big one for Everis, which has posted a 14% increase in revenues. Growth of the back of the European markets has been strong with over €850 million worth of revenue originating in the continent. However, Everis has solidified its stronghold in Latin America with a significant posting of €315 million.
Everis is a global technology consulting and outsourcing firm founded in Madrid. Spain is still the country where the firm generates the most revenue, with a breakdown of the latest posting showing that it earned upwards of €600 million in that country alone. The firm is a part of the NTT Data Group and has over 21,000 professionals working across Europe, the U.S. and Latin America.
In mid-2017, the firm announced that Latin America was driving growth at a rate of 30 percent, higher than the global average. Whilst this may have subsided back to strong double digit growth in 2018, it shows just how the firm’s Latin business has faired recently.
According to Everis Americas, “In the American market, Everis ended the fiscal year with over 315 million euro in revenue. These results reflect Everis’ commitment to local talent and knowledge across the region in the countries where the company is present: Argentina, Brazil, Chile, Colombia, Mexico, Peru and USA.”
“Chile and Argentina have been the fastest growing countries in terms of revenue with 70 and 15 million euro, respectively. Brazil continues to report largest revenue, with EUR 79 million, and Peru has increased its revenue by 22% reaching EUR 60 million.”
Everis has been involved in a number of significant projects throughout the region including implementing digital labs in Chile, Brazil and Mexico, as well as software development centers in Peru and Colombia and an Agile excellence center in Chile.
The firm also announced together with the Argentinian president earlier this year that it would expand sixfold in the Mendoza region’s new tech hub. The commitment was in line with the firm’s goals in Latin America to open “new lines of knowledge and new departments… Some of which will serve the whole of the America Region, one of which has already begun its operation which corresponds to the development of Big Data technology.”
