R E G I O N A L C H E C K - U P

Rio De Janeiro , Brazil degrees , amounting to over 110,000 per year , far in excess of the US . Nearly every metric points towards Latin America ’ s tech scene thriving , powered by a wave of young technical specialists .

As many people would already know , the cost of living in Latin America is generally substantially lower than western nations . While the tech

Iffi Wahla , CEO and Co-founder of Edge what can they do now to find solutions to their own talent shortages ?

The answer could be found in fully embracing modern working practices – particularly the advent of global remote workforces . There are huge untapped reserves of talent in areas such as Latin America , Africa and the subcontinent that , with the right strategy , can more than make up the shortfall .

Let ’ s examine Latin America specifically . According to software developer N-iX , there are currently two million people working in the tech industry with 50 companies at unicorn status .

Looking more broadly at the economy , Statista reported in 2023 there are approximately 500,000 software developers in Brazil , Mexico has around 220,000 and Argentina totals 115,000 . While concrete figures on the number of data scientists are harder to come by , research by Coursera , shows that a number of Latin American countries are leading the way in training the next generation of specialists . The report found that Latin American students are 2.4 times more likely to invest in data science skills and technology skills such as programming principles than the global average . 20 % of Mexican college graduates have relevant engineering industry is on a clear upward trajectory , it is still , compared to the population of the region , fairly small . Indeed , the unemployment rate is 11.3 % in Columbia , 8.2 % in Brazil and Chile , and 6.5 % in Peru and Argentina . These are not eye watering numbers but they point to a region that has an excess of affordable talent but not necessarily the jobs to meet demand .

For HealthTechs there ’ s a clear opportunity to look seriously at this region to tactically recruit at all levels – from back office , administrative and data entry functions through to developers , analysts and genetics experts . The key is to leverage the ecosystem of technology providers that have grown up over the past decade ( and been supercharged by the pandemic ) that have made this process as seamless as possible . Communication , monitoring ,

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