By Narayan Ammachchi
The digital economy accounts for 3.2 percent of GDP in Argentina, Brazil, Chile and Mexico, says a new study from the Economic Commission for Latin America and the Caribbean (ECLAC).
As far as the digital economy is concerned, the ECLAC says, countries in the region are progressing at ‘two very different technological speeds’.
In some countries, information and communications technologies (ICTs) are having a positive impact on economic growth, while in other countries progress is slower.
“The three most advanced countries have 15 times as much development than the ones lagging the furthest behind. Furthermore, the digital divide between Latin America and countries of the Organization for Economic Co-operation and Development (OECD) in terms of mobile broadband is getting wider (11% versus 55% penetration in 2011),” said Alicia Bárcena, ECLAC Executive Secretary, addressing the ongoing Ministerial Conference on the information society …
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Keynoter: Joe Nocera of the New York Times
We’re extremely proud to be putting the final touches on the Third Annual Nearshore Nexus conference – where more than two dozen carefully selected speakers, an all-star collection of 18 sponsors (we’re at capacity on sponsorship) and business representatives from some of the biggest names in the Fortune 1000 will join us for robust debates on the most important trends in services, innovation and Latin America market expansion.
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By Filipe Pacheco
As Brazil’s information technology (IT) sector expands, one city in the northeastern state of Ceará is starting to steal some of the limelight. The place is Fortaleza, the beautiful city in the northeastern corner of Brazil, home to over two million people and a place that has some surprising things going for it, include a disproportionate number of young professionals.
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By Narayan Ammachchi
The middle class in the majority of Latin American countries continues to improve, lifted millions of people out of poverty, says the United Nation’s 2013 Human Development Report.
The report titled ‘The Rise of the South: Human Progress in a Diverse World’ analyses the progress made by the developing countries and lauds innovative social programs – such as Mexico’s Oportunidades program and Brazil’s Bolsa Familia – in the region.
Access to good healthcare services, education and employment skills will enable more number of people to find jobs and join the middle class in the days ahead, the report added.
“The rise of the South is one of the most remarkable phenomenon in the new global arena,” said Heraldo Muñoz, UNDP Director for Latin America and the Caribbean.
The report lauds Brazil, Chile and Mexico for what it calls ‘exemplary innovation’ in …
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By Tarun George
How bad must a situation become before you write a letter to the President? Well that’s the US work visa process for you. Around this time last year, a group of Indian and American IT companies sent a letter to President Obama, asking him to intervene in an immigration policy, which they claimed, was seriously hurting their businesses. The firms backing this appeal were not only the Indian heavy-hitters like Wipro, TCS and Cognizant, but also global giants such as Accenture, eBay, HP, Intel and Microsoft. The fact that the letter was signed by the US Chamber of Commerce only underscores the seriousness of the issue.
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Members of the third annual Nearshore Americas Power 50 Ranking – announced here today – demonstrate the real character of this emerging, chaotic and scrappy young industry. The ranking, which is the result of a five-month nomination and review process, strives to bring to light the spark and inspiration that powers the Nearshore business community. The list is remarkable for several reasons.
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BY STAFF REPORT
As the Brazilian government sets out to prepare the nation for widely heralded sporting events, some of the country’s top IT executives are being openly courted by leading India-based IT consultancies to help improve the country’s IT readiness.
A delegation of Brazil IT leaders are holding business meetings at ‘Indiasoft -2013’ scheduled to begin in the Eastern city of Kolkota, starting from March 21.
The Brazilian government has set aside a staggering $180 billion to bolster the country’s IT infrastructure, and the Indian IT companies are seeing it as an opportunity to offset the decreasing demand for their services in the United States.
“It is natural for Indian IT companies to eye a sizable business from the two sporting events,” DK Sareen, executive director of ESC, told to reporters in India recently.
Indian IT companies with offices in Brazil have better chances of winning …
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