Itautec

Founded in 1979, Itautec began its activities on Avenida do Estado, in Sāo Paulo, as a technology company originating from a department of Banco Itau. The company specialized in the development of products and solutions, eventually possessing the tenth largest installed base of self-service machines (ATMs), in the world and the second largest in Latin America, according to Retail Banking Research, and the largest proprietary network of IT technical assistance in Brazil.

In 1980, Itautec established its first online presence as GRI Gerenciador de Redes Itautec, known as the "Itautec Network Services Provider," along with Banktec mainframes. The following year, in 1981, the central agency of Itaú was founded, featuring an automation system developed by Itautec. By 1982, the Bank of Brazil had implemented GRI and Banktec systems.

Itautec introduced the PC/XT microcomputer in 1985, entering the personal computing market. In 1986, Itautec installed its first compact Automated teller machine(ATM). In 1989, Itautec introduced GRIP (Gerenciamento de Redes Itautec para PC), a network management system designed for PCs. It also acquired control of Philco in Brazil from Ford, but were sold the Philco brand and any unit related to Gradiente.

In 1990, Itautec released its first Notebook computer, the IS 386 Note. In 1994, the company launched a second-generation ATM in Brazil, followed by the introduction of the first version of Banktec Multicanal in Banco Itaú Argentina in 1995.

By 2001, Itautec began exporting ATMs to the United States and Europe. In 2002, the company acquired technology from NMD for DelaRue and installed the first WEB system in Banco Itaú Buen Ayre.

In 2009, Itautec ranked 24th in the Fintech ranking, which lists the world's largest IT providers. In 2011, Itautec introduced the world's first touchless 3D ATM.