Connect33 Newsletter, Q4 2022
Hi Connect33 readers — Happy New Year! We’re back with the Q4 edition of our newsletter covering Latin America market trends, tech expansions, Connect33 news, and our new LatAm jobs section. During Q4 we observed significant investments in the region from software players and US fintech leaders, political turmoil in Brazil & Peru, Messi lifting la Copa, and more. ¡Vámonos!
Driving Adoption of Emerging Technologies in Latin America: This report surveyed 316 executives across six LATAM countries (Brazil, Mexico, Peru, Argentina, Chile, and Colombia) to understand how emerging technologies such as AI, blockchain, 5G, biometrics, metaverse, edge computing, robotics, virtual & augmented reality are viewed and adopted at companies across industries like manufacturing, technology, and financial services.
Our take: Given the deployment of emerging technologies is relatively new for many LATAM organizations, 90% of respondents state that emerging tech is extremely or very important to the organization’s future success and is a step in the right direction. One key statistic that we chose to highlight – 73% of respondents stated that talent shortages and skills deficits are impeding the effective adoption of these technologies. While top tech talent continues to leave these countries, it will be key for LATAM companies to develop their talent as well as create lasting partnerships to accelerate the integration of these emerging technologies. Investing in educational programs to teach about these emerging technologies will be key to mitigating the shortage of talent for the technology sector’s most in-demand roles.
Connect33 | Year In Review:
Our take: The influx of publicly-traded tech names including Amazon, Oracle, and Snowflake continued in 2022 with many expanding into multiple markets across Latin America. Given this continued growth across the software industry – smaller tech companies will face an uphill battle with hiring & retention. Recruiting for transferable skillsets and skill-building junior talent will become an essential part of scaling their respective teams.
Synapse, a fintech firm providing US-based checking accounts to customers abroad, reached 1 million users in Brazil and is planning an expansion into additional markets across LatAm.
Sryas, a Florida-based leading global technology company, announced the opening of a new Delivery Center in Mexico City.
Trulioo, a leading global identity verification company, expanded access to the Dominican Republic and Uruguay and significantly strengthened its data sources in Colombia and Mexico.
INFORM, a German software development and business process optimization specialist has established a joint venture with its long-standing partner Portia LAC in Brazil.
AgileThought (NASDAQ: AGIL) announced the opening of its third Latin America office in Merida, Mexico followed quickly by the announcement of a fourth Delivery Center in Buenos Aires, Argentina.
Zero Hash, the leading global B2B2C crypto-as-a-service infrastructure provider, announced its expansion into Brazil.
Ascenty, a data center, and telecom company announced a $290 million USD investment to construct 5 more data centers across Brazil, Chile, and Colombia.
Cainiao, Alibaba’s logistics arm, announced the opening of its Latin American headquarters in São Paulo, Brazil.
FedEx Express (NYSE: FDX) expanded its presence in Santiago, Chile, with its largest eCommerce-focused distribution center in South America.
Snowflake (NYSE: SNOW) landed in São Paulo, Brazil months after expanding into Mexico.
DataXStream, an IT solutions company dedicated to building solutions on emerging technologies for SAP users in sales and distribution announced the opening of their new LATAM office.
EPAM Systems (NYSE: EPAM) furthers its LatAm expansion and plants flag in Uruguay.
KIO Networks, a Mexican data center company, is planning to expand into South America as part of its five-year expansion plan.
Ericsson creates new state-of-the-art research center collaboration to accelerate innovation in Latin America.
NowVertical Group, a Canadian Vertical Intelligence software, and services company, acquired A10 Group to accelerate growth across LatAm.
Cognitus Consulting, a global firm specializing in SAP packaged solutions, announced its expansion into Colombia, its fifth LatAm country.
Additional stories we’re following:
Volkswagen Considers Funding Coding Schools in Mexico and Brazil
Argentina’s Inflation Spurs Exodus of Young People to Europe
dlocal & Deel Partner to Support Workforces across Latam, Asia, and Africa
Connect33 Job Board
LatAm-focused roles at top tech companies:
Nintendo is hiring a Manager, Latin America Demand & Analysis in Redmond, WA
Tenable is hiring a Head of LatAm Field & Channel Marketing in USA
Cloudflare is hiring a Senior SASE Specialist in USA
Airwallex is hiring a Financial Partnerships Manager in Mexico City, MX
Carrot Fertility is hiring a Regional Coordinator, Global Solutions in USA
Cambly is hiring an Influencer Marketing Manager in Miami, FL
Autodesk is hiring a Sales Executive in Dallas, TX
Preqin is hiring a Research Manager in New York, NY
Placer is hiring a| Market Researcher in Brazil
Databricks is hiring a Solutions Architect in San Francisco, CA
Canonical is hiring a Sales Development Representative in Austin, TX
Databricks is hiring a Solutions Architect in San Francisco, CA
Dynatrace is hiring an Account Executive in Massachusetts, MA
Datadog is hiring an Account Executive in Boston, MA
Semrush is hiring an Account Executive in Dallas, TX
Jamf is hiring an Inside Account Executive in USA
Thanks for reading Connect33 Quarterly!