|Traded as||BM&F Bovespa: ITEC3|
|Headquarters||São Paulo, Brazil|
|Ricardo Egydio Setubal, (Chairman)
Mario Anseloni Neto, (CEO)
|Revenue||R$ 439 million (2013) |
|R$ 278 million (2013) |
Number of employees
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:'
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.
1982 – Bank of Brazil installs GRI and Banktec
1983 – Itautec automates Citibank
1985 – PC/XT microcomputer launched
1986 – Itautec installs the first compact Automated teller machine (ATM)
1989 – GRIP (Gerenciamento de Redes Itautec para PC "Itautec Network Management for PCs") is launched
1990 – Launch of first Notebook computer, IS 386 Note
1992 – Partnership with Intel for server distribution in Brazil
1994 – Itautec launches a second-generation ATM in Brazil
1995 – First version of Banktec Multicanal in Banco Itaú Argentina
1996 – ATM with check dispenser
1998 – Contract for 10,000 Bank of Brazil ATMs to be installed in 120 days, largest sale of ATMs in a single contract
1999 – Moves into providing corporate services and applications, including development of web sites and maintenance
2000 – AutoManager is installed in Banco Itaú, Argentina
2002 – Itautec acquires technology from NMD for DelaRue, and insalls the first WEB system in Banco Itaú Buen Ayre.
2005 – Itautec sells its holdings in Philco to Gradiente
2007 – Itautec consolidates position as a large services and equipment provider in America and Europe
2009 – Itautec expand international operations and consolidates its position in banking Automation in Brazil. Itautec also ranks in the 24th position in Fintech ranking, that lists the world's largest IT providers.
2011 – Itautec debuts world’s first touchless 3D ATM.
American Banker article: "ATM's Hologram Interface Deters Theft"
Credit Union Journal article: "First Touchscreen 3D ATM Launched for CUMarket"