Company Profile:

Spring Wireless is a leader in mobile business solutions for Latin America. Founded in 2001, Spring Wireless uses the best technologies available worldwide, in addition to tailoring these to national operators and to its clients’ businesses. The mobile solutions development and implementation comprises the MSL – Mobile Solution Lifecycle. The company numbers more than 250 major clients and 200,000 users, being present in over 14 countries in Latin America, the USA, and Europe.
Elected as the Best software company by the Info200 issue of the 2007 Info Exame magazine, being appointed as a global success case by Microsoft in 2005, 2006, and 2007.
Two new shareholders joined Spring Wireless in 2008 – the Goldman Sachs bank, and the North American venture capital company New Enterprise Associates (NEA)

Business Model:

The company provides complete mobile business solutions which allow companies to access data and automate their field processes, thereby increasing productivity and efficiency, and reducing costs and response times. Thus, the mobile workforce can connect transparently with corporate systems (ERP, CRM, portals, e-mails, etc.), having access to transactions and relevant information whenever needed.
The company has displayed strong growth and retention of installed base through its exclusive end-to-end approach.
Spring Wireless acts as a single contact point at its clients, putting in place and operating point-to-point solutions involving software infrastructure, connectivity, and services, thus assuring a greater level of service and lower property cost.

Products and Services Provided:

Spring Wireless’ point-to-point approach for the mobile business involves not only developing, configuring, and putting in place, but also managing, operating, and supporting all solution components under production.
Spring Wireless’ solutions are based on its software platform (Fusion®), which provides for superior scalability, flexibility, and performance, advanced security, support to multiple mobile devices and point-to-point support to production (MSM®).
The software platform comprises the basis for business applications family development (mSeries®), under constant evolution.

Main Clients and Partners:

Main clients: InBev, Gillette, Nestlé, Unilever, Procter&Gamble, Citibank, Satander, Telefônica.

Synergy with other portfolio companies:

Automatos

Strategy:

Spring Wireless bears an aggressive international expansion strategy, being currently present in over 14 countries, with solutions put in place in over 20 nations, covering Latin América, the USA, and Europe.

Competitive Advantages:

• Consolidated financial service leadership position – 70% market share.
• Acts as single point of contact for its clients –- long-term partnerships with its clients.
• Products adaptable to the international market and compatible with several technological platforms and wireless devices.
• End-to-End Solutions: point-to-point implementation and management, including software, infrastructure, connectivity, and services.
• Uniquely poised to become a global leader in critical mobile solutions missions.

Ideiasnet Stake: 10,1%