Novac Technology inks pact with Datafy Costa Rica to foray into Latin American market

Chennai, Jul 23 (PTI) Novac Technology Solutions, a technology and digital transformation solutions company, has formed a strategic partnership with Information Technology provider Datafy Costa Rica SRL, marking its foray into the Latin American market.

With this initiative, Novac Technology Solutions has become the first pure-play digital learning solutions provider to establish a presence in the Latin American region, marking a significant milestone in its growth.

Citing reasons for its entry into the Latin American market, Novac Technology Solutions in a statement said the digital learning market is on an upward trajectory in the region, while Costa Rica alone was valued at USD 85-100 million and growing at a CAGR of 17 per cent.

Recognising this momentum, Novac Technology Solutions aims to strengthen its presence in the region through its digital learning solutions and certification-based offerings, the city-based company said.

On the foray into Latin American market, company Director C Mahesh said it marks a pivotal milestone in Novac's global journey.

"LATAM represents more than a new market; it's catalytic space for reimagining how enterprises approach capability development. Through our partnership with Datafy Costa Rica SRL, we are bringing a next-generation learning model that is hyper-personalised, culturally attuned, and built for scale," he said.

"Our aim is to make learning a core business function which is real-time, measurable, and deeply embedded in enterprise performance," he noted.

With the proven deployment expertise and understanding of both US and LATAM markets, the collaboration with Datafy Costa Rica SRL ensures a seamless rollout of learning programmes tailored for the region's business and cultural landscape.

Datafy Costa Rica SRL Founding Partner Chandramoorthy Thirukannapiran said, "Our partnership with Novac is a strategic alignment of shared values and complementary strengths. By combining our regional expertise and delivery capabilities with Novac's dynamic and proven learning methodologies, we are enabling enterprises across Latin America to embrace a future-ready workforce." "This collaboration is not just about deploying learning solutions, it is about shaping a new standard for enterprise capability building in the region," he said. PTI VIJ ROH