Triple Point Establishes New Latin American Headquarters in Rio de Janeiro
RIO DE JANEIRO, BRAZIL -- (Marketwire) -- 02/19/13 -- Triple Point
Technology, the leading global provider of on-premise and in-cloud
Commodity Management software, announced today that it has
established its new Latin American headquarters in Rio de Janeiro,
Brazil to service its rapidly growing customer base in the region.
The new Latin American headquarters enables Triple Point to deliver
exceptional customer support throughout Latin America. Notable
market-leading organizations such as Petrobras (Brazil), Vale
(Brazil), NORSUL (Brazil), Navieras Ultragas Limitada (Chile), Anglo
American PLC (Brazil), Mercon Coffee Group (Guatemala), Penoles
(Mexico), and Samarco (Brazil) rely on Triple Point solutions for
"Latin America has always been an important market to Triple Point,
with Petrobras first becoming a customer back in 2000," said Peter F.
Armstrong, chief executive officer, Triple Point. "More and more
companies across Latin America are realizing that today's volatile
business environment can only be managed effectively with an advanced
Commodity Management solution, and our new Rio office enables us to
meet the increased need."
In addition to rapid expansion in Latin America, Triple Point has
experienced strong growth worldwide. The accelerating, widespread
adoption of Triple Point's products in new target industries and
markets has resulted in a 5-year cumulative average growth rate
(CAGR) in revenue of over 35%, with profits increasing more than 50%
on average year-over-year.
Triple Point will be hosting a reception at its new Latin American
headquarters on 26 February. For more information, please contact
Vivian Usui at +55 21 3037-9952 or at firstname.lastname@example.org.
About Triple Point Technology
Triple Point Technology(R) is the
leading global provider of on-premise and in-cloud Commodity
Management software that delivers advanced analytics for optimizing
end-to-end commodity and energy value chains. The company provides
innovative solutions for managing all aspects of volatile commodity
supply chains: trading, procurement, enterprise risk management,
logistics, scheduling, storage/inventory, processing, settlement, and
accounting. Over 400 customers in 35+ countries across industries
including energy, metals, minerals, chemicals, agriculture, shipping,
consumer products, food and beverage, retail, and manufacturing
depend on Triple Point solutions. Triple Point was named a "Leader"
in Gartner's ETRM Magic Quadrant in 2009, 2010, 2011, and 2012. The
company employs over 850 staff in 15 offices and support centers
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