Chile: Inform has set up a joint venture with its Chilean partner, Workforce Solutions. Previously, Workforce Solutions previously acted as a local partner for the German-based software development and business process optimisation supplier. Inform says it will invest ‘significantly’ in the new joint venture and acquire shares, while the remaining stock will be held by former shareholders and executives of Workforce Solutions. The new company has officially been operating as Inform Software since mid-April 2021. It has its headquarters in Santiago de Chile.
“We see the Latin American countries as a strategically important growth market in which we are happy to invest,” said Andreas Meyer, chief executive officer of Inform. “As we move forward with this joint venture, we will expand personnel resources for sales, project delivery and customer support. It will enable us to enhance our service to our customers in Latin America and further expand our market position.”
The joint venture is intended to allow Inform to expand its presence in Latin America across all of its business areas including logistics, transportation, workforce management, airline and airport operations and fraud prevention. In addition, the company will continue to work with its two longstanding partners Portia LAC in Brazil and Quantomm Tech in Colombia, which will continue to assist in serving Inform’s customers. Inform’s artificial intelligence software products are already used in Latin America by companies including Volkswagen México, LATAM Airlines, Zurich Insurance Mexico, Zurich Insurance Argentina, Brazilian retail company Via Varejo and Chilean Mercedes-Benz importer Kaufmann.