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BMC Shifting Long-Term Focus to Brazil and Costa Rica
By Matthew Malinowski / Business News Americas

US developer BMC Software will be shifting its focus in Latin America to Brazil and Costa Rica, the company's Latin America general director Elías Cedillo told BNamericas.

Cedillo said BMC is currently looking to solidify its presence in Mexico, where the company is expanding its presence in Bajío and southeastern regions, but the long-term focus will be on Brazil and Costa Rica, where BMC expects to have new offices up and running by the beginning of 2011.

The Costa Rica facility will be used to cover operations in Central America and the Caribbean, while the Brazil facility will help beef up coverage in the domestic market and other parts of South America. Brazil represents an especially attractive market for the company due to the size of its economy and relatively high IT investments, Cedillo said.

The facilities will provide BMC's software products as well as its services, which include IT security consulting and risk analysis. The executive said BMC has between 80 and 100 security clients, of which 60-70% are financial sector firms.

BMC carries out IT security projects in Latin America with partners including Juniper Networks and Aruba.

BMC posted net profits of US$238mn in its fiscal year 2009, ended March 31, a decrease of 24.1% compared to the US$314mn posted in the previous year.

In Latin America, BMC has offices in Brazil, Mexico and Argentina.
 
 
 


 

 

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