Silicon Valley may be the world’s tech Mecca, but technological innovation isn’t restricted to the San Francisco Bay. Latin America is in the midst of a technological revolution. Nations like Argentina, Columbia and Mexico are continuing to invest in IT infrastructure and modernize STEM education standards. Latin American nations now rank higher than China and India in English fluency, making the region an appealing prospect for outsourcing IT services. Latin governments recognize the economic potential in new technology: Argentina’s Program AR ensures public school students learn to program while Columbia’s Plan Vive Digital finances 80 percent of tuition and fees for IT students. Those investments are paying dividends. Here are five new technologies in Latin America.
5 New Technologies in Latin America
- Clic Educa (Chile): Clic Educa is a modular e-learning platform developed in Chile. The program measures students’ emotional states and behavioral patterns and provides instructors with customized feedback. Teachers can modify Clic Educa’s curriculum and learning materials to best suit their needs. They can even design lesson plans for students with learning disabilities or other conditions.
- Emiti (Mexico): Emiti is a startup headquartered in Guadalajara, Mexico. It created a health-monitoring smartwatch for eldercare purposes. The watch includes an emergency button, and it automatically detects if the wearer is undergoing a medical emergency. Sudden falls and cardiac irregularities are among the conditions the device will detect.
- Biofase (Mexico): Environmental sustainability is a hot topic in the current zeitgeist. Chemical engineer Scott Munguia founded Mexico’s Biofase in 2014. It is a bioplastics firm that converts avocado seeds and synthetic organic compounds into plastic goods. Biofase uses only inedible food waste to manufacture its products. Its bioplastic degrades naturally, so the company’s operations do not contribute to food shortages or greenhouse gas emissions via waste incineration.
- Emi Labs (Argentina): Artificial intelligence and machine learning are transforming business and technology worldwide, and Argentina is no exception. Emi Labs utilizes a virtual AI assistant to automate rote tasks necessary to HR operations such as screening resumes and scheduling interviews.
- La Casa Uruguaya (Uruguay): La Casa Uruguaya is an environmentally friendly construction project aiming to revolutionize the housing market by designing sustainable smart homes. These energy-efficient houses use solar energy, recycle water and employ a sensor network to regulate temperatures and lighting. La Casa Uruguaya’s homes are surprisingly affordable. They range in price from $50,000 to $90,000 and are installable in just 15 days.
These five new technologies in Latin America are but a few examples of the region’s ongoing tech boom. Latin America’s rapidly growing middle class offers entrepreneurs a consumer base for their products. Digital transformation is well underway. Internet penetration rests at 57 percent, but 70 percent of citizens subscribe to mobile plans. On average, Latin Americans log on to the internet for longer lengths of time than anyone else in the world. The next Silicon Valley may well rest south of the border.
– Dan Zamarelli