Why Colombian tech entrepreneurs are taking over the US market?

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Oct 09, 2018, 06:00 ET

MIAMI, Oct. 9, 2018 /PRNewswire/ -- More than 120 Colombian tech entrepreneurs will gather in Miami, FL this 30th and 31st of October at the Business Matchmaking Forum organized by ProColombia and the Unbound Festival. The America's most exciting new innovation festival.

Colombia represents music, beautiful landscapes, coffee, flowers, but equally important is the power house of IT solutions that is being created in this South American country and that is growing at great speed. The software and IT market in the country doubled its sales between 2010 and 2017, reaching more than US $ 9,500 million in the last year. Exports from the IT services sector had an annual compound growth rate of 8.2% between 2010 and 2017, positioning the country as a platform to reach different markets. In the last year, Colombia registered software and IT exports for USD 212.4 million.

United States has emerged to be the most important trading partner for Colombian services. This partnership stems from business in IT Development, BPO operations, film making, video game development and animation services. The Colombian talent and creativity are also visible in other major markets such as Japan, China, Canada, and Germany where Colombia has earned a reputation for its quality. In Colombia there is an important and strong business network; according to Fedesoft, (The Colombian Federation of the Software and Information Technology Industry) there are more than 5,000 companies within the software and IT services industry, which makes the country attractive to generate alliances with foreign companies or investors.

From video games, virtual reality, augmented reality to artificial intelligence and more, this Business Match Making Forum is the perfect scenario for buyers to discover firsthand the best quality, innovation, design and competitive prices for this fascinating Colombian portfolio of products and services.

If you want to learn more and take advantage of this opportunity, please register to participate in the Business Matchmaking Forum here https://www.macrorruedasprocolombia.co/miami2018/

SOURCE ProColombia