Jaspersoft, maker of business intelligence (BI) platforms, announced that it has grown its revenues by more than three times in the region over the past two years, making Latin America one of the fastest-growing markets for the company.
While most of the growth recently has been from companies in Brazil, Colombia, Chile and Mexico, Jaspersoft is seeing an increased customer set from Argentina and Central America and Caribbean. Customers have come from all kinds of industries, but Jaspersoft has seen exceptional interest from the banking, pharmaceutical and telecommunications sectors. Jaspersoft customers in Latin American include companies such as Amarey Medical, Banco Santander de Mexico S.A de C.V. , Federacion Nacional de Cafeteros de Colombia, the parent company of Juan Valdez coffee, Psicofarma S.A. de C.V. and Telefonica.
According to Gartner, a leading analyst research firm, Latin America is the fastest growing region in the world for business intelligence software. In 2011, Gartner cited the region's market for business intelligence platforms was $287M, demonstrating a 35% growth over 2010.