Tet Cloud grew revenue by a third last year

Stefanini — one of the largest technology consultancies in Brazil — has just announced the acquisition of Escala 24×7, a company in the United States focused on implementing cloud solutions on AWS. The transaction will add US$ 100 million to Stefanini's revenue, which closed last year with a top line of around US$ 1.4 billion (R$ 8 billion at today's exchange rate). The amount of the transaction was not disclosed, but CEO Marco Stefanini told Br…

Technology and innovation company “Tet” has experienced rapid growth in the cloud computing business in 2024 – Tet Cloud cloud platform revenue has increased by 35% compared to last year. This increase is due to investments in Tet Cloud infrastructure, which allowed it to offer computing power with much higher performance. New services have been introduced – containerization and DRS (Disaster Recovery Site), as well as...