Could your next IT project come from Brazil?

Brazil is emerging as an IT powerhouse, with attention from all the big names in tech such as Microsoft, Google and Intel.

Significant growth

The Brazilian IT industry is starting to be significant. There are over 4,000 IT companies in Brazil and it's the 12th largest producer of software and services.

TOTUS is the big name in Brazilian IT. The seventh largest ERP company in the world, it has over 40 per cent market share in Brazil and it's already acquired most of its local competition and has branched out into a wide range of IT services.

Pedro dos Passos, the manager of venture capital for BNDES calls it "the biggest and most valuable Brazilian software company" and it's multiplied BNDES's investment more than twentyfold.

Advertisement - Article continues below

Modulo is another success story, with thousands of installations of its Risk Manager compliance tool in Europe and the US. "it's very widely accepted in the US and is becoming a reference in IT," claims Arnaldo Bacha of SOFTEX.

But Brazil's most popular technology export is Lua the scripting language developed at the University of Rio and that's free software distributed under a licence that says "you are free to use Lua for any purpose at no cost without having to ask us."

Lua is a fast, simple and powerful scripting language that's become the standard for games. World of Warcraft is written in Lua, as are Baldur's Gate, The Sims, FarCry, Escape from Monkey Island and many others. Adobe turned to Lua to create Lightroom.

Lua is one of the reasons why Rezende can call Brazil "one of the three key IT centres in the world".

But just as the government has moved from aggressively promoting open source to save costs and criticising commercial software companies like Microsoft to saying that there's room for all kinds of software in Brazil, software development in Brazil needs to move beyond the universities and a few success stories to become a much broader industry if Brazil is going to really compete with India, China and Silicon Valley.

Featured Resources

The essential guide to cloud-based backup and disaster recovery

Support business continuity by building a holistic emergency plan

Download now

Trends in modern data protection

A comprehensive view of the data protection landscape

Download now

How do vulnerabilities get into software?

90% of security incidents result from exploits against defects in software

Download now

Delivering the future of work - now

The CIO’s guide to building the unified digital workspace for today’s hybrid and multi-cloud strategies.

Download now

Most Popular

Microsoft Azure

Microsoft, not Amazon, is going to win the cloud wars

30 Nov 2019
Amazon Web Services (AWS)

What to expect from AWS Re:Invent 2019

29 Nov 2019

Raspberry Pi 4 owners complain of broken Wi-Fi when using HDMI

29 Nov 2019
Google Android

Samsung Galaxy A90 5G review: Simply the best value 5G phone

22 Nov 2019