ACCESS Newswire

Invest in Bogota Starts Working Agenda at the Web Summit in Portugal in Search of Investors

12.11.2024 20:50:00 CET | ACCESS Newswire | Press release

Share

LISBON, PORTUGAL / ACCESSWIRE / November 12, 2024 / The Web Summit, one of the most important technology congresses in the world, starts this Monday in Lisbon, Portugal. Invest in Bogota, an investment promotion agency, will be participating in the event to showcase the business opportunities the city has in the field of information technologies.

During the event, more than 3,000 companies from 160 countries and more than 1,000 investors are expected to gather, with an attendance that could exceed 70,000 people, according to figures from the organizers.

Invest in Bogota, through the entity's Investment Promotion Management, will seek to connect companies, startups and investors that are disruptive, innovative and outstanding in the industry, so that they can consider Bogota as an investment and business destination in Latin America.

null

Panoramic view of Bogota, Colombia.

It is worth noting that in recent years, Bogota has positioned itself as a nearshore platform to serve nearby markets, such as Latin America and North America, and now the goal is to expand this vision to other markets, such as Europe.

Software development has become a strength for a city like Bogota whose economy is based on the provision of cutting-edge services and which aims to become stronger and stronger.

This is how the trained human resources, the institutional ecosystem for the digital economy, as well as a good support infrastructure for the operation, have generated the right environment for recognized foreign companies such as Amazon, Amadeus, Globant, Oracle, IBM, and Endava, among many others, have chosen the capital of Colombia as a destination for IT investment.

null

Servicios de TI y Software en Latam e ingresos por sector. Fuente: Statista, 2024

About Invest in Bogota

Invest in Bogota is the relevant investment promotion agency, attracting world-class events and meetings and articulating the high-impact entrepreneurship ecosystem for Bogota. A public-private initiative between the Bogota Chamber of Commerce and the Mayor's Office of Bogota.

Its purpose is to contribute to the socioeconomic development, competitiveness and quality of life of Bogota-Region, positioning it as the preferred destination for doing business in Latin America. For six consecutive years, it has been recognized as one of the best entities in its category in the world, and one of the four best in South America, Central America and the Caribbean, according to the international publication Site Selection in its annual Global Best to Invest Report.

Press contact

Luis Alejandro Tibaduisa
Head of Press and PR
+57 317 780 5168

SOURCE: Invest in Bogota



View the original press release on accesswire.com

Invest in Bogota

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

Valsoft's TAG Software Group Enters the Content Operations Market with the Acquisition of Chalco6.11.2026 16:25:00 CET | Press release

MONTRÉAL, QC / ACCESS Newswire / November 6, 2026 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and long-term development of vertical market software businesses, today announced the acquisition of 100% of Chalco, a software platform for managing the full lifecycle of product content and information, from Hyphen-Group. The deal marks Valsoft's entry into the content operations market, a fast-growing space that is increasingly critical to organizational growth in the age of AI, and brings the number of industries in which Valsoft operates to more than 20. The acquisition was completed by TAG Software Group through Chalco Technologies Srl ("Chalco Technologies"), a newly formed company wholly owned by Valsoft. Chalco was developed within Hyphen-Group, an Italian company active in the content operations market for more than 25 years, with offices in Affi (Verona), Milan, and Lugano, Switzerland, and a client base that includes some of the world'

Innodata Reports Record Third Quarter 2026 Results5.11.2026 22:05:00 CET | Press release

NEW YORK, NY / ACCESS Newswire / November 5, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the third quarter ended September 30, 2026.Revenue of $95.6 million, representing 53% year-over-year revenue growth.Adjusted Gross Profit of $38.3 million, representing Adjusted Gross Margin of 40%.*Adjusted EBITDA of $17.7 million, or 18.5% of revenue, an increase of $1.5 million from $16.2 million in the same period last year.*Net income of $10.3 million, or $0.30 per basic share and $0.29 per diluted share for the three-month period ended September 30, 2026, compared to net income of $8.3 million, or $0.26 per basic share and $0.24 per diluted share, in the same period last year.Cash and cash equivalents of $164.0 million as of September 30, 2026, an increase of $81.7 million from $82.2 million as of December 31, 2025. Cash as of September 30, 2026 includes customer prepayments related to pass-through costs; net of these prepayments, cash was approximately $153.7 million as of

MicroVision and LAKE FUSION Technologies Sign Multi-Year Strategic Partnership Agreement for IRIS(TM) Lidar Sensors5.11.2026 15:20:00 CET | Press release

ORLANDO, FL AND MARKDORF, GERMANY / ACCESS Newswire / November 5, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, security and defense, intelligent infrastructure, and automotive mobility, today announced a multi-year strategic partnership agreement with LAKE FUSION Technologies (LFT), a German developer of advanced sensor fusion and situational awareness systems. Under the agreement, LFT has committed to purchasing MicroVision IRIS™ long-range lidar sensors throughout 2027 and into 2028 for integration into its Awareness Systems (AS-1), designed to enhance safety and obstacle detection for civil and military helicopter operations. The multi-year agreement marks another significant commercial milestone following the companies' June 2026 announcement to expedite the integration of IRIS lidar technology and accelerate the deployment of advanced situational awareness solutions. With testing and evaluation progressing into a formal strategi

Chervon Names Doug Palmer Vice President of Finance - Canada5.11.2026 15:00:00 CET | Press release

TORONTO, ON / ACCESS Newswire / November 5, 2026 / Effective November 9, 2026, Chervon names Doug Palmer Vice President of Finance - Canada, reporting to Neil Harrison, Vice President and Managing Director of Chervon Canada. He will also have a dotted-line reporting relationship to Ryan Wang, Chief Financial Officer, Chervon NA. Palmer brings to Chervon an exceptional 20-year career of increasingly responsible positions in Canadian financial management. During his 18-year career at J.M. Smucker, he held financial management positions as Analyst, Senior Manager, Director, and Senior Director, responsible for all elements of financial control and FP&A. Most recently, he served as Vice President of Finance at the Crump Group. "We have identified Canada as a strategic priority for Chervon with massive growth potential," said Joe Galli, Chervon CEO. "We are building the best leadership team in the Power Tool and OPE industry in Canada. Doug Palmer is an outstanding addition to this high-per

New EuroFinance Study, Sponsored by TIS, Puts Treasury at the Center of Cybersecurity5.11.2026 15:00:00 CET | Press release

BERLIN, DE / ACCESS Newswire / November 5, 2026 / New Deep Dive research, Cyber Risk Management: No Longer Just an IT Problem, finds that cyber risk is increasingly disrupting payments, liquidity management, and business continuity. Sponsored by TIS, a global leader in payments and cash management technology, the new report extracts insights from treasury and cybersecurity professionals across housing, commodities, manufacturing, consumer goods, and telecommunications who agree that cybersecurity is a growing treasury and liquidity risk. Why Treasury Is at the Center of Cyber Risk The ongoing digitization of the treasury ecosystem through APIs, cloud platforms, and automation has increased the speed and efficiency of treasury operations. While treasury teams are moving faster, their exposure to sophisticated cyber threats, including deepfake videos, fraudulent invoices, and manipulating approvals through compromised digital channels, has expanded in proportion. These threats most frequ

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye