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neoris

lightning_bolt Market Research

NEORIS Company Profile



Background



Overview

NEORIS is a global business and IT consulting firm specializing in nearshore outsourcing, value-added consulting, and emerging technologies. Established in 2000, the company has grown to become the largest IT consulting and systems integration firm in Mexico and the second largest in Latin America. Headquartered in Miami, Florida, NEORIS operates across the United States, Europe, Latin America, Africa, the Middle East, and Asia.

Mission and Vision

NEORIS's mission is to establish long-term relationships with clients, enhancing their performance through innovative and flexible services delivered via a global delivery model.

Primary Area of Focus

The company specializes in systems integration, custom application development, IT consulting, and software deployment and support solutions. As an SAP Global Services Partner, NEORIS offers end-to-end SAP implementation services, including pre-project activities, roadmapping, benefit optimization, project management, infrastructure management, training, and analytics.

Industry Significance

NEORIS is recognized for its expertise in nearshore outsourcing, providing high-end resources at competitive costs. The company has completed over 2,000 projects and more than 300 SAP application implementations, serving over 600 clients worldwide, including 66% of the top 100 Latin American firms.

Key Strategic Focus



Core Objectives

NEORIS aims to drive digital transformation for its clients by delivering innovative solutions that enhance business efficiency and competitiveness.

Specific Areas of Specialization

  • Digital Experience and Engineering: Developing user-centric digital platforms and engineering solutions.

  • SAP Solutions: Providing comprehensive SAP implementation and support services.

  • Data Analytics and AI: Leveraging data analytics and artificial intelligence to drive business insights.

  • Interactive UX: Designing engaging user experiences across digital interfaces.

  • Digital Strategy and Enterprise Architecture: Crafting strategic roadmaps and architectural frameworks for digital initiatives.


Key Technologies Utilized

NEORIS employs a range of technologies, including SAP, data analytics platforms, machine learning algorithms, and cloud computing services, to deliver comprehensive digital solutions.

Primary Markets Targeted

The company serves clients across various industries, including manufacturing, banking, consumer packaged goods (CPG) and retail, telecommunications, and media, with a strong presence in Latin America, the United States, and Europe.

Financials and Funding



Funding History

In 2024, NEORIS was acquired by EPAM Systems, Inc., a leading digital transformation services and product engineering company. Prior to this acquisition, NEORIS was a subsidiary of Cemex, a global building materials company.

Total Funds Raised

Specific details regarding the total funds raised by NEORIS prior to the acquisition are not publicly disclosed.

Notable Investors

The acquisition by EPAM Systems, Inc. was facilitated by funds managed by Advent International, a global private equity firm, and Cemex.

Utilization of Capital

The capital from the acquisition is intended to enhance EPAM's delivery capabilities in Latin America and Europe, broadening its global and nearshore delivery capabilities across North America, India, and Europe.

Pipeline Development



As of October 2025, specific details regarding NEORIS's pipeline development, including key projects, stages of development, target conditions, and anticipated milestones, are not publicly available.

Technological Platform and Innovation



Proprietary Technologies

NEORIS has developed proprietary platforms such as the Intelligent KnowledgeTabs, which offer tools for customer segmentation, demand sensing, and multi-touch attribution, enabling businesses to gain dynamic insights and enhance decision-making processes.

Significant Scientific Methods

The company employs advanced data analytics and machine learning methodologies to anticipate customer demands and personalize experiences, integrating these capabilities into its digital solutions.

Leadership Team



Martin Mendez – CEO

Martin Mendez has over 20 years of experience in the IT sector. He co-founded AMTEC.NET, an Internet solutions provider, which was acquired by Cemex in 2000 to create NEORIS. Mendez has held various leadership roles within the company, including President of NEORIS for the South American region and Commercial Director of Cemex in Mexico.

José "Lolo" Longinotti – Global Managing Director

José Longinotti has 30 years of experience in leadership positions with companies such as PepsiCo International, Philip Morris, AOL Time Warner, and Saatchi & Saatchi. He has been with NEORIS since 2018, focusing on analyzing how technologies can impact business efficiency and leading the global sales and marketing team.

Juliana Fernández – Chief Operating Officer

Juliana Fernández has been with NEORIS since 2000, serving in various leadership roles, including leading the IT department at a global level. She holds a degree in Business Administration and is a Certified Public Accountant from Universidad Austral (Argentina).

Diego Jaramillo Echeverry – Chief Financial Officer

Diego Jaramillo Echeverry joined NEORIS in 2023, bringing over 25 years of experience in financial, construction, and tourism sectors. He holds a degree in Industrial Engineering from the University of Valle of Colombia and an MBA from INALDE Business School.

Federico Welsh – Chief Human Capital Officer

Federico Welsh is responsible for NEORIS's global human capital management. Specific details regarding his professional background are not publicly available.

Marcelo Gomes Da Costa – Head of Global SAP Practice and Strategic Alliances

Marcelo Gomes Da Costa leads NEORIS's SAP practice and is responsible for developing and expanding the client base. He joined the company in 2000 and has held various leadership positions, including CMO and head of the NEORIS subsidiary in Brazil.

Nir Kaldero – Chief Data, Analytics, & AI Officer

Nir Kaldero joined NEORIS in 2021, bringing expertise in data science and AI. He is the author of the best-selling book "Data Science for Executives" and has previously served as Executive Vice President of Data Science and Engineering at Galvanize Inc.

Jaime Peñaranda – Managing Director | Global Head Financial Services

Jaime Peñaranda joined NEORIS Spain in 2005 to create the Financial Services Unit and has over 20 years of experience in the consulting market, specifically in the financial sector. He holds a degree in Economics and Business Sciences from ICADE (Spain) and has a PDG from IESE Business School.

Marcelo Gomes Da Costa – Health, Education & CPG Retail Global Head

Marcelo Gomes Da Costa leads NEORIS's Health, Education, and CPG Retail sectors. Specific details regarding his professional background are not publicly available.

Saul Marenco – SVP Global Accounts

Saúl Marenco is the global leader of the Manufacturing vertical and coordinates and manages the most relevant commercial partners for NEORIS at a global level. He has extensive knowledge and experience in various industrial sectors, with special expertise in telecommunications, manufacturing, distribution, and retail.

Juan Duarte – Global Head of M&A

Juan Duarte joined NEORIS in 2023 as Global Head of M&A, focusing on identifying and managing M&A opportunities. He has more than 15 years in the investment industry, with experience in private equity and growth capital. He holds a degree in Industrial and Systems Engineering from ITESM in Mexico and an MBA specializing in Finance from Cornell University in the United States.

Leadership Changes



In 2024, NEORIS was acquired by EPAM Systems, Inc., marking a significant change in the company's leadership structure.
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