Matterport Partners With CompuSoluciones To Drive Digital Twin Adoption in Latin America

SUNNYVALE, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), today announced that it is significantly expanding its presence in Latin America, partnering with CompuSoluciones, one of the largest value-added distributors (VAD) of technology in the region, as a key distributor of Matterport’s digital twin technologies in Mexico and Colombia.

For nearly 40 years, CompuSoluciones has partnered with the world’s leading international technology brands, including some of the largest solution providers servicing architecture, engineering and construction (AEC), facilities management, and manufacturing. Through its network of more than 2,000 resellers, CompuSoluciones provides the world’s premier information technologies (IT) and consulting services spanning cloud, SaaS and other services to a vast array of industries out of its headquarters in Mexico.

Latin America is one of the largest property markets in the world. According to the NAIOP, Mexico's industrial market alone encompasses more than 900 million square feet of building space across all product types, including manufacturing, with total industrial space in construction reaching a historic level of 43 million square feet in 2022¹.

Through this agreement, CompuSoluciones’ sales teams will offer Matterport’s industry-leading digital twin platform, as well as the Pro3 and Pro2 cameras, to enterprises and SMBs in Mexico and Colombia. Providing solutions across space planning, progress monitoring, quality management and facilities management, CompuSoluciones’ vast reseller network will now be able to offer Matterport’s immersive, photo-realistic digital twins to their customers to help them operate more efficiently from wherever they are in the world.

CompuSoluciones’ customers will also have access to Matterport’s vast suite of more than 200 partner integrations, including those with Autodesk Construction Cloud®, supporting CompuSoluciones’ customer retention and the overall customer experience, while fueling growth for Matterport’s business in the regions.

"Having Matterport in our portfolio will allow us to meet the demand for 3D digital twins that is growing exponentially in the region,” said José Luis Cortés, Commercial Director of CompuSoluciones. “Complementary solutions such as Matterport’s integrations with Autodesk® will provide CompuSoluciones’ associated resellers an opportunity to capture greater value within their portfolio, while supporting end-user clients competitiveness in the market through improved productivity, collaboration and innovation.”

“As one of the leading IT distributors in the region, CompuSoluciones is well positioned to drive adoption of Matterport’s solutions in two of the largest property markets in the region, Mexico and Colombia,” said Jay Remley, Chief Revenue Officer, Matterport. “Matterport is a globally recognized solution for immersive remote collaboration, and with CompuSoluciones, we will deliver Matterport’s value to even more regions around the world.”

To learn more about Matterport for enterprise or connect with the sales team, visit matterport.com/enterprise

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¹ NAOIP: Mexico: Nearshoring, Foreign Investment Create Industrial Opportunities

About Matterport                                                                                       
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.                                        

©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.                

Autodesk and Autodesk Construction Cloud are registered trademarks or trademarks of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders.

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Forward-Looking Statements                                

This document contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the benefits of the business combination, the services offered by Matterport, Inc.        

(“Matterport”) and the markets in which Matterport operates, business strategies, debt levels, industry environment, potential growth opportunities, the effects of regulations and Matterport’s projected future results. These forward- looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “forecast,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).                        

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including the expected benefits of Matterport’s partnership with CompuSoluciones, Matterport’s ability to implement business plans, forecasts, and other expectations in the industry in which Matterport competes, and identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Matterport from time to time with the U.S. Securities and Exchange Commission (the “SEC”). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Matterport assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Matterport does not give any assurance that it will achieve its expectations.