Software Opportunities in the Region

Honduras is the market with the most potential for direct sales while Costa Rica is the best for strategic alliances.

Wednesday, April 1, 2009

The Export Promotion Agency of El Salvador presented a study on the software industry in Central America and the main conclusions are contained in an article in elsalvador.com.

According to the article, the main buyers of software products and services are "multinational corporations, banks and financial institutions (traditional and nontraditional), telecommunications companies, government and SMEs which are in the process of modernization."

The study, which was centered on El Salvador, also stressed that "software development companies in the region are willing to start negotiations and establish strategic alliances with Salvadoran companies," where there is potential for investment in "human capital formation and the outsourcing of services on a per project basis."



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More Software Exports From Panama

February 2013

The software business has generated $195 million for the country in the last nine years, and in 2012 exports exceeded $25 million.

According to an article in Panamaamerica.com.pa, since 2004, when exports in this segment totaled $14.4 million, through to 2011, the business has almost doubled having grown by 74.3% or to $25.1 million, and it is estimated that in 2012 this figure will be superseded , as up to September the figure was $23.1 million.

International Software Forum in El Salvador

April 2012

The aim of the event, by Proesa, is to facilitate international contacts for young Salvadoran entrepreneurs from the sector and is expected to have 100 participants.

The international export services event, focussing on software, will be held on May 24th and is being organized by the investment promotion agency Proesa.

Software Businesses Expand Abroad

June 2009

The Guatemalan companies Consultesa, Aldea Systems, Gysa, Icon, Engaje Byte, Sega, Lankin Tecnologies, and BDG have opened offices abroad.

As noted by Jorge Maldonado, president of the Union for Export Software-Developers (Sofex), the new offices will be located in the United States, Mexico, the Dominican Republic, El Salvador, Honduras, Costa Rica, Panama, and Peru.

El Salvador Seeks to Attract Investment from India

February 2009

The president of Proesa, on tour in India, met with the second largest manufacturer and exporter of software in the country, INFOSYS Technology.

Elsalvador.com reports: "It is one of the largest information technologies (IT) companies in India, with nine development centers in India, more than 100,000 employees and more than thirty global offices.

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