Company Profile:
Spring Wireless is recognized as the leading company in corporate mobility solutions in the "end-to-end" model, including software, managed services, wireless connectivity and infrastructure. It has a market share of over 70% of this segment in Brazil.
Founded in March 2001, Spring Wireless recently took over the American company Sysgold, and now has 350 employees and offices in the United States, Europe and Russia. Its research centers are concentrated in the cities of São Paulo and Bogotá.
Business Model:
The company offers complete mobile business solutions in six vertical markets: financial services, telecommunications, utilities, consumer goods, pharmaceuticals and government. With its end to end approach and quality proven by large customers, the company has been growing strongly and retaining its installed base. The recurring revenue model permits good predictability in maintaining high growth rates. Its solutions allow companies to access information and automate their processes in the field, increasing their productivity and efficiency, as well as reducing costs and response times. Thus, the mobile workforce can be connected in transparent form with the corporate systems (ERP, CRM, portals, e-mail, legacy, etc.), with access to transactions and other relevant information whenever necessary.
Spring Wireless acts inside its customers' facilities as a single focal point, implementing point-to-point solutions that involve software, infrastructure, connectivity and services, ensuring better service and smaller total cost of ownership (TCO).
Besides this, its solutions combine the technological leadership of Spring Wireless with a clear focus on generating value for the customer, with the typical payback time being under ten months and positive cash flow starting from the fourth month.
Products and Services Offered:
Spring Wireless' end-to-end approach to mobile business involves not only development, configuration and implementation, but also management, operation and support to all components of the solution in production.
The solutions of Spring Wireless are based on its software platform (Fusion®), which provides superior scalability, flexibility and performance, advanced security, support for multiple mobile devices and wireless networks, and works in integration with point-to-point management, operation and support to production (MSM®).
The software platform is the base for development of the family of business applications (mSeries®), which are constantly evolving.
Main Customers and Partners:
Main customers: Itaú Seguros, Abn-Amro, Citibank, Visanet, Redecard, Unilever, Nestlé, Grupo Pão de Açúcar, Bunge, Sadia, Souza Cruz, Ambev, Cadburyadams, The Gillette Company, Cet, Dane, Telemar, Eletropaulo, Conchaytoro, Sanofi Aventis, Pfizer, Nívea, Abril.
Synergy with other portfolio companies:
Automatos
Strategy:
Spring Wireless has an aggressive strategy of international expansion, and today is present in 10 countries and has solutions in place in over 20 countries, covering Latin America, the United States, the Iberian Peninsula and Russia.
Competitive Advantages:
* Its main shareholders include Intel and Ericsson, which are leaders in the mobile computation and wireless communication segments.
* It received the Sybase iAnywhere Innovator Award - 2006.
* It was a world finalist in mobility solutions - Microsoft Awards, 2005 and 2006
Interest:
Shareholder |
Interest |
Ideiasnet |
10,80 % |