View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 24, 2005

IBM to invest $100m in Argentinean operation

IBM Corp has announced plans to increase investment in its Argentinean operation by $100m over the next five years.

By CBR Staff Writer

The extra money will partly be used to set up two IT services centers, employing a total of new 600 employees. So far in 2005 the company has increased its Argentinean headcount by approximately 500. IBM’s expansion plans also include growing the company’s existing IT campus just outside Buenos Aires.

A number of major IT services providers have built up their presence in Latin America over the last few months. Most recently, Tata Consultancy Services Ltd, India’s largest IT services vendor, acquired Chilean business process outsourcing provider Comicrom SA for $23m. In July, Affiliated Computer Services Inc added a new call center in Argentina through its acquisition of customer care services company LiveBridge.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU