IBM announced that this year it plans to invest in the expansion of its Global Security Services Center in Heredia, Costa Rica.
The expansion triples its operating capacity and will mean a $21 million investment throughout 2019, informed the Costa Rican Coalition of Development Initiatives (Cinde) in a statement.
From the Cinde statement:
Costa Rica, April 4, 2019 - In an official event attended by the Government of Costa Rica and the Costa Rican Coalition of Development Initiatives (CINDE), IBM announced the expansion of the operations of IBM's Global Security Services Center, in Heredia, in the America Free Zone, from where security events are monitored for hundreds of clients in more than 130 countries.
On 7th and 8th of November 150 participants from the U.S. and Latin America will gather together during the first Central American summit on outsourcing services to be held in Nicaragua.
From information published by ProNicaragua:
ProNicaragua, the official investment and export promoter of the Government of Nicaragua, will be organizing the first Central American summit on outsourcing services entitled 'Central American Nearshore Summit 2013, which will bring together 150 participants from the U.S. and Latin America in this sector.
With an investment of $12 million GBM will inaugurate its new data center in the complex Zona Pradera, Guatemala, where they hope to offer virtual services to customers throughout Latin America.
According to Ruben Rios, GMB general manager (IBM representative for Central America and the Caribbean), the intention of the Data Center is to provide a platform for cloud services and facilitate access to such technology to Small and Medium Enterprises and and the public sector.
IBM is opening a new center of information technology in Costa Rica as the first stage of a $300 million investment over 10 years.
This investment of $300 million is scheduled to run over 10 years and there are plans to employ about 1,000 professionals by 2014, reported Elfinancierocr.com.
Services to be provided at this site include assisting corporate clients in areas such as servers, storage systems, security services, maintenance and monitoring hardware and software, and defect prevention processes.
$300 million will be invested over the next ten years to build a new center for information technology services, creating 1,000 jobs by 2014.
A press release from the Ministry of Foreign Trade of Costa Rica states:
IBM's operation in Costa Rica currently provides services in human resource processes, management of customer relations, finance, accounting and shared services to IBM customers in North and South of the USA.
The Nicaraguan government has announced it is to hold a meeting with representatives of the multinational company to evaluate investment possibilities.
The announcement was made by Vicepresident, Jaime Morales Carazo, in an interview with Canal 12: "After a long absence, IBM's interest in returning to Nicaragua seems to be back".
"The Vice president indicated that IBM has re-evaluated Nicaragua's situation and seems to have found positive reasons to resume its operations in the country," reports EFE.
Over the next two years, the services multinational, IBM, plans to go from 800 to 2,000 workers in Costa Rica.
The company will hire both professionals and students who are close to completing their studies in Administration, Finance, Human Resources, Marketing, Engineering, Economics and Accounting.
The vice president for integrated operations of IBM, Peter Lynt, informed Nacion.com: "In the face of the planned expansion, the possibility of having an office in San Jose is being analyzed, in addition to the ones located in Heredia."
The IBM distributor in the region announced its plan for 2009, predicting a 15% growth in 2009.
Faced with the prospect of a difficult 2009, the General Manager of GBM Panama, Guillermo Sáez-Llorens told La Estrella de Panama that "for us, it is important to consider financial risks and funding formulas." He also explained that companies must "optimize technology infrastructure and reduce consumption" as a cost reduction measure."