Colombia, Venezuela and Caribbean see
triple-digit growth in the third quarter.
BY JOACHIM BAMRUD
Germany-based SAP, the world’s largest business management software company,
posted triple-digit growth in software sales in Colombia, Venezuela and the
Caribbean in the third quarter.
The period also marked the 15th consecutive quarter that SAP posted
a double-digit increase in Latin America, confirming the region as one of the
key drivers of growth for the global software giant.
“Q3 was a pretty strong
quarter for us,” says Gonzalo Benedit, President
of SAP Northern Latin America. “Once
again, …Latin America [became] a pretty important growth region for our
Benedit was promoted to
head the new Northern Latin America (NOLA) division in July after heading up
SAP in Mexico and Central America for a year. NOLA includes Mexico, Central
America, Colombia, Venezuela, Ecuador and the Caribbean.
At the same time, Brazil SAP President Diego
Dzodan was named to head the new Southern Latin America (SOLA)
division, which consists of Brazil, Peru, Chile, Uruguay, Paraguay and
The changes came after Rodolpho Cardenuto, the head of SAP in Latin America, in January was
promoted to head all of SAP’s operations in the Americas, including in the
During the third quarter SAP posted Latin America sales
growth of ...
Keywords: BAC, Bancolombia, Brazil, Colombia, Costa Rica, Davivienda, Dominican Republic, Grupo Aval, Guatemala, Mexichem, Mexico, Panama, Pemex, Polar, PDVSA