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gA launches Parabolt, an incubator that seeks to transform ideas into disruptive, sustainable businesses.

Buenos Aires, October 2017- gA, a global leader in Digital Business Transformation, announces the launch of Parabolt, a new company devoted to incubating ideas from Latin American entrepreneurs and large corporations in order to turn their designs into disruptive digital products.

Parabolt works to create revolutionary technological business solutions though entrepreneurship, and an ecosystem of value partners. It will l focus on bringing innovation to the market through the incorporation of cutting edge technology and the experience of industrial segments.

“At Parabolt we understand transformation: It’s in our DNA, potentiated by gA’s 25 years of experience. We continue to build value links and to heighten innovation and the entrepreneurial spirit. This same objective and passion for doing are what led us to launch this new chapter in our history,” said Martín Wagmaister, who heads up business at Parabolt.

Parabolt plans to l invest ten million dollars across three portfolios in three years. The first is devoted to developing digital products that drive business transformation: the second involves the entrepreneurial ecosystem, and the third focuses on innovative platforms for corporations. Parabolt will incubate around 120 entrepreneurs, and expects to generate more than 350 jobs in three years; 100 direct managerial jobs and 250 indirect positions.

According to the head of incubator operations Maxi Cortés, Knowledge services have an important entrepreneurial capacity— lots of talent and innovation. In this context, Parabolt is a platform that integrates universities, science, small and medium sized businesses, technological partners and the public sector in order to contribute to the development of the business in Latin America.”

Parabolt is a provider of gA’s Digital Business Transformation focus, and operates under the same entrepreneurial spirit that inspired gA at its inception in 1992. Moreover, its foundation consists of knowledge and experience in the area of transforming processes and guiding new entrepreneurs.

Regarding the launch of Parabolt, Diego Bekerman, General Manager of Microsoft Argentina said:
“For 25 years Microsoft Argentina has supported our local partners, helping them grow and expand by empowering them through the use of technology and our Ecosystem. We are enthusiastic about accompanying Parabolt in this launch, which is sure to exert considerable impact in the country and region. It aligns with our mission of making a difference by creating social and economic value in order to continue empowering the companies to exploit the opportunities inherent in digital transformation.”

About Parabolt
An incubator that transforms innovative ideas into disruptive and scalable businesses, Parabolt strives to revolutionize the daily life of companies through the power of the entrepreneurial ecosystem.
We are Parabolt. We LAB your idea!

About gA
A global Digital Business Transformation (dBT) company devoted to creating value through transformation of business models, processes, people and organizations.

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