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Itautec

Itautec S.A - Grupo Itautec
Sociedade Anônima
Traded as BM&F BovespaITEC3
Industry Computer System
Software
IT Services
Founded 1979
Headquarters São Paulo, Brazil
Key people
Ricardo Egydio Setubal, (Chairman)
Mario Anseloni Neto, (CEO)
Products Computer Monitors
Personal Computer
Laptops
Revenue DecreaseR$ 439 million (2013)
DecreaseR$ 278 million (2013)
Number of employees
5,709
Parent Itaúsa
Website www.itautec.com.br

Itautec is a Brazilian electronic company that was founded in 1979. The company is part of Itaúsa, which is one of the largest private Brazilian business group by sales volume.

Itautec makes consumer electronics, banking and retail automation. The company has the tenth largest base of ATMs in the world, and the second in Latin America. Headquartered in São Paulo and with a manufacturing plant in the city of Jundiaí (SP), Itautec has 5,709 direct employees - 5,285 in Brazil and 424 abroad.

Itautec is a well-known ATM, kiosk and computer manufacturer in the Brazilian and South American markets, and also has a key role in project deployment and IT services.

Presently the company's product lines include:

* Personal Computers: Desktop, Tablet and Laptop Personal computers.

* Monitors: LCD, LED, OLED and Touch Screen monitors.

* Commercial and Banking Automation, personal computers and notebooks:'

* Software: Point of sale, Credit card processing, an in-house Linux distribution called Librix, Terminal management, Digital signatures, and Banking Correspondence, among others.

* Services and Integration: Technical support, Infrastructure, Security, Phone support, servers and networks.

* Components: Printed Circuit Boards, Memory boards, and Integrated circuits

1979 – Itaú Tecnologia S.A. is created in Brazil

1980 – First online presence as GRI Gerenciador de Redes Itautec "Itautec Network Services Provider" and Banktec Mainframes.

1981 – Central agency of Itaú is founded, including an automation system developed by Itautec.

1982Bank of Brazil installs GRI and Banktec

1983 – Itautec automates Citibank

1985PC/XT microcomputer launched

1986 – Itautec installs the first compact Automated teller machine (ATM)

1989 – Itautec links GRI to CICS, enabling integration between Banco Itaú with the Credicard network


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