Investing in the Backbone of Rio's Economy The Technology Industry

In 2023, the Brazilian technology sector witnessed a significant influx of foreign investment in mergers and acquisitions (M&As). This project, born from a visionary partnership with the Rio Grande do Sul government, represents an initial investment of USD 500 million and ... This venture places Brazil on a global level of competitiveness in the technology sector and attracts the attention of multinational companies.. The Brazilian Development Bank (BNDES) has approved a record-breaking R$ 11.1 billion ($2 billion) for innovation projects in 2024. This ... The choice made by EMC to settle in Rio de Janeiro makes it clear that the State's intellectual capital for the oil and gas sector is an ... Microsoft is investing US$2.7bn to enhance cloud infrastructure and AI in Brazil to provide digital infrastructure, skills training and economic growth. According to a study by ABES and IDC, it ranks 10th in terms of investment, holding a 1.4% share. ​​Brazil offshore software development sector ... Unfortunately, at the end of 2019 Brazil's most successful technology businesses still did not count among the country's most valuable companies. The largest ... To illustrate the previous discussion, it is interesting to look at some figures relating to the U.S. case, as U.S. companies are those that invest the most in ... “More than 50% of R&D investments in Brazil are concentrated in basic research in the public sector, while in OECD countries, the private sector ...