Almawave strengthens in Latin America | Almawave
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25 July 2022

Almawave strengthens in Latin America

Almawave S.p.A., an Italian company listed on Euronext Growth Milan (Ticker: AIW), and part of the AlmavivA Group, a leader in Artificial Intelligence (AI), natural language analytics and Big Data services, announces the strengthening of its activities in South America through the start-up of a dedicated business for the tourism, fintech and location intelligence sectors in São Paulo, Brazil. A new team from subsidiary The Data Appeal Company operates here as of today and consists of experts in destination intelligence, location intelligence, and analysts.

The Brazilian city has been home to Almawave do Brasil’s headquarters for 12 years and is a strategic location for business development in all LATAM markets.

A reality with more than 140 clients worldwide, The Data Appeal Company provides companies and public administrations with tools and products based on Artificial Intelligence, Big Data and alternative data to facilitate decision-making processes and enable the application of key information derived from the data itself. The company, in which Almawave has held all of the share capital since April 2022, aims to consolidate its position in non-European markets, particularly LATAM (Latin America) markets.

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