Brazil accounted for around 36% of investments in technology made in Latin America during the year 2022. According to a study released by the Brazilian Association of Software Companies (ABES), the country received a contribution of $45.2 billion last year, ranking 12th in the world.
The high investment, distributed among the software, hardware, and services segments, points to the maturity of the sector in Brazil.
According to the survey, the North, Northeast, and South regions recorded an increase in the volume of funds invested, which reveals a greater dispersion of the segment between regions. For this year, the tendency is for Brazil to register a growth of 5.4% in investments made in the area.
The investments are also reflected in the labor market, which has been showing high demand for qualified professionals. However, one of the obstacles encountered by companies is the shortage of labor.
Brazil is expected to present a deficit of 530,000 information technology (IT) professionals by 2025, according to a report produced by Google.
Aware of this market need, Jala University will invest $10 million in Latin America over the next few years.
“There are large investments in the technological area, but unfortunately, due to the divorce between academia and industry, opportunities are restricted to engineers with many years of experience in the industry.” “We work to build bridges to ensure graduates learn and strengthen the skills needed for a high-tech work environment,” Juan Salinas, CEO of Jala, noted.