The new branches are located in Joinville, Natal and Sao Luis, increasing the company’s expansion growth to more than 200 percent in three years with 30 branches.
These new facilities are part of IBM’s program to expand geographically in high-growth cities and regions other than Rio de Janeiro and Sao Paulo, two of the country’s largest cities.
“Brazil is a key market for IBM and an important source of revenue and skills,” said Rodrigo Kede, general manager for IBM Brazil. “However, the nature of the business landscape in Brazil is changing – we have noticed a marked shift with a growing number of technology adopters outside of major cities who are demanding access to intelligent solutions to grow their businesses.”
IBM also has a new office in Salvador that will serve as a regional hub and house an arm of the Natural Resources Solutions Lab for mining and oil and gas.
The company opened first office outside of the U.S. in Sao Paulo in 1931, and also houses the company’s global delivery center and its ninth research lab in Sao Paolo.
Brazil has seen investments from several large firms of late, including Siemens announcing a $1 billion research and development initiative and Boeing planning a future aerospace research and development center.