Itautec
Encyclopedia
Itautec is a Brazilian company that was founded in 1979. The company is part of Itaúsa
Itaúsa
Itaúsa is a Brazilian conglomerate company which controls several companies active in areas such as the financial and real estate sectors; industries including wood panels, pottery and metal; health; chemicals; and electronics...

: http://www.itausa.com.br, which is the second largest private Brazilian business group by sales volume.
Itautec http://www.itautec.com.br operates in the manufacuring of consumer electronics, banking and retail automation and self-service, providing complete IT solutions, with hardware, software and a diversified array of services, including outsourcing projects in several areas. The company has the tenth largest base of ATMs in the world, and the second one in Latin America, according to Retail Banking Research. Itautec has also the largest network of its own technical assistance in Brazil.
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 - plus 251 indirect employees and 76 trainees.

Product lines

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:'

  • Software: Point of sale, Credit card processing, an in-house Linux distribution
    Linux distribution
    A Linux distribution is a member of the family of Unix-like operating systems built on top of the Linux kernel. Such distributions are operating systems including a large collection of software applications such as word processors, spreadsheets, media players, and database applications...

     called Librix, Terminal management, Digital signatures, and Banking Correspondence, among others.

  • Services and Integration: Technical support, Infrastructure, Security, Phone support, server
    Server (computing)
    In the context of client-server architecture, a server is a computer program running to serve the requests of other programs, the "clients". Thus, the "server" performs some computational task on behalf of "clients"...

    s and network
    Computer network
    A computer network, often simply referred to as a network, is a collection of hardware components and computers interconnected by communication channels that allow sharing of resources and information....

    s.

  • Components: Printed Circuit Boards, Memory boards, and Integrated circuits

History

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
Citibank
Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York...



1985 – PC/XT
PC/XT
PC/XT has multiple possible meanings:* "PC/XT" may simply be shorthand for the IBM Personal Computer XT.* "PC/XT" may also be intended to mean "the IBM Personal Computer and/or the IBM Personal Computer XT"....

 microcomputer launched

1986 – Itautec installs the first compact Automated teller machine
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...

 (ATM)

1989 – Itautec links GRI to CICS
CICS
Customer Information Control System is a transaction server that runs primarily on IBM mainframe systems under z/OS and z/VSE.CICS is a transaction manager designed for rapid, high-volume online processing. This processing is mostly interactive , but background transactions are possible...

, enabling integration between Banco Itaú
Banco Itaú
Itaú Unibanco is a publicly quoted bank with headquarters in São Paulo, Brazil. The bank is the result of the merger of Banco Itaú and Unibanco, which occurred on November 4, 2008 to form Itaú Unibanco Holding S.A, the largest financial conglomerate in the Southern Hemisphere and is the 10th...

 with the Credicard network

1989 – GRIP (Gerenciamento de Redes Itautec para PC "Itautec Network Management for PCs") is launched

1990 – Launch of first Notebook
Laptop
A laptop, also called a notebook, is a personal computer for mobile use. A laptop integrates most of the typical components of a desktop computer, including a display, a keyboard, a pointing device and speakers into a single unit...

 computer, IS 386 Note

1992 – Partnership with Intel for server distribution in Brazil

1993 – First producer in Brazil to sell PCs with Windows 3.1 pre-installed and localized in Portuguese
Portuguese language
Portuguese is a Romance language that arose in the medieval Kingdom of Galicia, nowadays Galicia and Northern Portugal. The southern part of the Kingdom of Galicia became independent as the County of Portugal in 1095...

.

1994 – Itautec launches a second-generation ATM in Brazil

1995 – First version of Banktec Multicanal in Banco Itaú Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...



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

2001 – First ATMs exported to USA/Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...



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.

2010 – Itautec received the World Finance Technology Award 2010 for being the Best Finance Technology Company of the Year in Latin America.

2011 – Itautec debuts world’s first touchless 3D ATM; and wins three ‘World Finance Technology’ awards in the following categories: Best Automated Banking Branch Technology, Best Private Banking Technology Company and Best Security Technology Provider.
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