Software
The Colombian Software sector reported sustainable growth over recent years in terms of income, exports, market share, and service levels.
The main aspects for this growth are due to the fact that Colombia currently has 61 CMMI-certified companies. Colombia has the region's lowest rate of software piracy; it ranks first in Latin American in terms of labor skills. Quality of labour and the wages of Systems Engineers are in line with the region's average.
Revenue from the Software Market in Colombia (2004-2013)
US$ Millions FOB
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COLOMBIA EXPORTS SOFTWARE PRODUCTS TO OVER 20 COUNTRIES WORLDWIDE |
| Argentina, Bolivia, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Germany, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru, Puerto Rico, Spain, Switzerland, the Dominican Republic, the United Kingdom, the United States, Trinidad and Tobago, Venezuela. |
Business Opportunities
- Mass software (general software)
- Custom-built software development
- Value-added software
Competitive Factors
Software
- High availability of skilled human capital.
- A number of multinationals established in the country providing services for Latin America.
- Three technology clusters and seven technology parks in the country's major cities.
- Over 61 CMMI-certified companies.
- A total of 8 double taxation treaties in force, 4 signed and 6 in negotiation. There are also exemptions in Value Added Tax (VAT) for service exports.
