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Santiago: The Latin American capital for investors, venture capital and fast grow tech enterprises

The Latam Venture Capital Forum (LVCF) took Panel,  Latam Venture Capital Forum en el congreso latinoamericano Chile Digitalplace within the context of the Latam Tech and Business Congress Chile Digital 2015. It congregated Investors, lawyers, consultants, managers, angels, VCs, family offices and professionals from the institutional investment world. The latest technologies and trends on investing and raising funds were shared. Interesting topics for the digital era, especially nowadays where investing in the next Facebook, Google, Spotify or Uber can turn in to profits of 1000x or more, compared to traditional investments.

You can access the conferences in the Online Networking Platform: Latam Digital. To create your personal profile follow this link: http://club.chile-digital.com/membrecia-latam-digital/.


 

«The LVCF Chile Digital  helps strength ties with Silicon Valley, accelerate the Venture Capital Industry and Investments in Fast Grow Tech Companies in Latin America. «


Conferences

The LVCF featured two days of specialized conferences, with international experts that visited Latin America for the first time. Some of the keynote speakers were:

  • Ron Weissman (USA), ronChairman of Band of Angels,  the oldest institutional angel group from Silicon Valley, with 150 members and more than USD 231M invested in companies from different industries. He did two conferences during the LVCF. In the first one he analyzed the key factors and trends that angel network management is experiencing in the world, particularly in Silicon Valley. During the last decade the number of angel networks in USA has increased in 60% while the incomes have grown in 40%. He explored the way an angel network works, investment strategies and the roles of an investor. He also analyzed the incentives for building an angel network and explained the best practices for managing one. During the 2nd day he talked specifically about Venture Capital, and its beginning in the US and Europe after the creation of the first Family Offices. 45% of the global VC are in US and Ronald analyzed specifically the conditions that makes the ecosystem in Silicon Valley propitious for innovation and economy. 2014 was a an iconic year for the VC industry, reaching the highest investment amounts since the 2000 internet bubble, however, only 20% of the VC firms generated the 80% of the total revenue. He finished his 2nd presentation with specific tips to investors, entrepreneurs and lawyers in the new trends of investment.

  • Kris Brigham (USA) , krisprivate investor and entrepreuner, owner of KB Investment, gave a conference about how to execute a successful Management Buy Out (MBO) in Latin America. He highlighted the 3 L´s: Leadership, Leverage and Liquidity. Kristopher divided the MBO process in 5 steps:
     
    1. Feasibility: When you get a “Gut Feel”, have an expert check your feeling and challenge it.  
    2. Business Plan: Develope a solid plan and define negotiation strategy with seller.
    3. Financing: How to raise funds and choose the right debt/equity mix.
    4. Negotiations: Timing, positioning and emotional intelligence to get the right price
    5. Due Diligence and closing documentation.  
He also talked about risks and returns related to MBO´s according to his recent experience executing Nextel´s MBO with an Islander investment group.




  •  Alfonso Yañez (Chile) patrDirector of BanChile Citi Global Markets did a conference where he explained the Exit Strategies mechanisms used by entrepreuners and venture capital funds. The amount of exits in Latin America (58M USD in exits v/s 425M USD in investments from 2008 to 2013) reflect the incipient status of the VC industry in the region. He addressed the advantages and disadvantages of these strategies and considerations when planning or negotiating such arrangements with a partner, entrepreneur or investment fund. All this, based on case studies and practical examples of transactions in Latin America. In the future, the volume of “exits” should increase significantly converging to the levels of investments. Alfonso talked about exit strategies: IPO, M&A and sales to partners, the pros and cons of each one and the considerations you should take when negotiating with a potential partner, entrepreneur or investment fund. In Latin America the M&A outweigh the IPO´s and 70% of the M&A executed in Latin America during 2013-2014 was by international buyers.

  •  Juan José de La Torre (Dubai) jjDigital Expert, Angel Investor and entrepreneur talked about the valuation of Fast Grow Tech Companies in the new economy. The wave of digital innovation is transforming how we invest, create, source and operate new products & services to market, real innovation can transform your company and give you a substantial competitive edge. The traditional valuation methods don´t fit with this companies, during this presentation Juan José showed his own Digital Business Valuation Method based in 3 pilars: Team, Network and Traction.

  • Luis Felipe Oliva (Chile), from the Investment and Financing Division of the Governmental Development Corporation (CORFO), gave a conference about the incentives that chilean government offers to promote the creation of Investment Funds. He explained the Early Stage Fund for Tech companies (Fondo de Etapas Tempranas – FET) which is a program designed to promote the creation of Investment Funds that finance Chilean companies in an early stage presenting potential of growth and innovation in sectors related to technology.  FET counts with funds that go from 1M USD to 12M USD, a leverage 3:1 and timing of 12 years to use the fund.
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  • Matt Cole (USA) matAdvisor of Riverwood Capital, told us firsthand the story of the transformation of Synapsis from being the in-house IT Department of a large utility, to becoming a dynamic, Top-10 “multi-latina” IT Services business in Latin America and being sold to APAX investment groups for more than 150 M USD. Matt shared lessons learned and best practices from his experience.

  • Patricio Arrau (Chile),  President of Gerens Capital explained the Unique Funds Law (UFL) and the status of Venture Capital Industry in Chile. The evolution of a patriciocompany and the funds chain go hand to hand: Seed Capital to fund the Beginning, Venture Capital and Private equity for growing the company and IPO or M&A to Consolidate. Key for the development of venture capital in Chile are the matching funds of Corfo and the modifications in the regulatory framework. Patricio did a detailed analysis of the UFL and talked about the challenges for entrepreneurs, administrators and investors to develop an apropiated ecosystem in the country.

  • Lisandro Bril (Argentina)lisapartner de Axventures-Pymar and co founder of Endeavor Argentina, with more than 30 years of experience in the government, civil associations, entrepreneurship and capital management, did a conference about innovation, entrepreneurship and VC in Latin America. Some important facts about entrepreneurship in LATAM are:
    • Chile leads the region for its Institutions
    • Brasil and Mexico leads for the size of the their market
    • Argentina leads for having the best cluster of entrepreuners
However the LAVCA scorecard places LATAM unfavorable in the radar of international investors of Venture Capital. With 580 million people, a general PIB of USD 5,15 trillions and an entrepreuner culture with global vision, Latin America needs to valuate it´s inner and outside market. Lisandro analysed the market and the opportunities inherent to it.

  • Pablo Traub (Chile), pabloPresident of Imagine Lab, explained the evolution of  the venture capital through analytical data. According to LAVCA in Chile during 2013 there where investments in venture capital for USD 27 MM and during 2014 that amount decreased to 22,1 MM. In Chile the majority of VC investments corresponde to Early Stage, different from more developed countries where most of VC investments go to companies in middle and late stages.

  • José Antonio Berríos (Chile), joseantonioManager and founder of Broota, did a conference about Crowdfunding and how collaborative economies changed the way people invest in Tech Companies. José Antonio talked about the 5 kinds of crowdfunding:
    • Reward
    • Lending
    • Donations
    • Equity
    • Royalty.
He talked abour Broota (Chilean crowdfunding equity platform) and its benefits. Crowdfunding is growing exponentially around the world: In south America, 2014, the annual growth was of 167% with 57.2 M USD funded, in Asia 320% with 3.4 B USD and in North America 145% with 9.56 B USD.

  • Panel of Angel Networks: During the first day of the LVCF we had a Panel of Inverstors and Angel networks in Latin America discussing Opportunities and Challenges. The panel was led by Felipe Jara, from the Entrepreneurship department of CORFO, and the members of the panel were:
    • Jamie Riggs (President of Chile Global Angels)
    • Carolina Eterovic (President of Mujeres Empresarias)
    • Ron Weissman (Charman of Band of Angels).

Panel,  Latam Venture Capital Forum en el congreso latinoamericano Chile Digital

Fast Grow Tech Companies

All of these seminars where enriched by the presentation of 8 investment opportunities in fast grow tech companies, seeking for first or second investment round in the range of US$0,03- 50 millions. The companies were previously selected by the investment committee of Chile Digital from over 500 companies from 22 countries. The companies were: Admetricks, Khipu, Purplu, ReStudio, WeHaus, Babytuto, Becual and Unilink, allowing the investors to identify good investment opportunities in just one day and place.

FAST grow tech companies

  • UNILINK SOLUTIONS


    B2B e-commerce platform for natural resources industries in Latin America, with an online catalog, integrated to buyers and suppliers. It is located in Chile, Colombia and Mexico with partners in Peru, Argentina and Brasil. It was created 2 years ago with sales of USD$700.000 during 2014 in 8 countries. 

  • bcual250

    BECUAL


    Becual is a crowdfunding Enterprise (P2P Lending) that will connect Latin-America. People with money lends money to small and medium enterprises that need funding. The result is that people will earn more from their investments and enterprises will pay less for their credits.

    The credits have different guarantees, which will assure the correct payment of the money to the investors

  • purplu250

    PURPLU LOGISTICS


    Purplu is an app and a web platform. Their app is available on iOS and Android, it reads barcodes and NFC professionally. When your field guys read barcodes, you know in real time the delivery indicators your company cares most about. Purplu turns your company into a DHL in 24 hours.

  • admetricks250

    ADMETRICKS

    “

    Admetricks is an online tracking and intelligence tool for online advertisment. They help agencies create better reports and campaign proposals, publishers discover lost opportunities and potential clients, and advertisers compare against competition and verify their investment. Admetricks mission is to increase transparency and benefit the industry. They sell access to updated intelligence information for a monthly fee.

  • babytuto250

    BABYTUTO


    Babytuto provides an online sales channel to sellers of the industry, so they can offer their products and maximize their sales approaching more potential clients. The clients save time and money finding everything they need in just one stop-shop.


  • khipu250

    KHIPU


    Is a simple, safe and economic payment Gateway. Khipu will be more massive than Paypal in a global level, because it uses local banks, without the existence of special arrangements, which makes it cheaper and less restrictive than the payments with credit card

  • restudio250

    RESTUDIO


    ReStudio adds value through its tech platform – Cloud Big Data- that allows the reduction of waste in industrial mining/energetic and infrastructural processes, through the documentation and 4D monitoring of actives. Their actual clients are companies like Glencore-Xstrata, BHP Billiton, Codelco, Barrick, ENAMI, PacificHydro and AES Gener.


  • wehaus250

    PATAGONIC LABS (WEHAUS)


    Patagonic Labs is an M2M Software & Hardware Lab. They create New Value Added Service for the Telecommunication’s Industry. They bring easy to use install-sell Home Automation for Telcos. Patagonic Labs are shifting the value proposition of the home automation industry; form hardware to a service provided by an unexplored distribution channel.



If you want to see this presentations enter: Red Latam Digital




Testimonials of the Latam Venture Capital Forum 2015
  • The 2015  LATAM Venture Capital Forum was an excellent event, with top-tier planning, execution and a diverse cross-section of players from across Latin America’s startup, angel and venture communities. As someone relatively new to Latin America’s many startup ecosystems, I found the conference to be immensely helpful in making contacts, understanding the issues and opportunities in key startup centers such as Santiago and Buenos Aires, and developing potential partnerships between these centers and Silicon Valley. All in all, an extremely beneficial event.

    – RONALD WEISSMAN. –

    CHAIRMAN BAND OF ANGELS SOFTWARE GROUP, RED INVERSIONISTAS ÁNGELES MÁS ANTIGUA DE SILICON VALLEY.

  • Un evento bien organizado y con un grato ambiente de compartir experiencias y generar nuevos negocios. Creo que los proyectos presentados fueron buenos y en una etapa de inversión apropiado para el nivel de inversionista presente.

    – KRISTOPHER BRIGHAM. –

    CEO INVERSIONES KB”.

  • La Conferencia fue para mi una gran oportunidad para escuchar expertos internacionales que se encuentran en más recientes tendencias en los temas de capital de riesgo (Venture Capital). En particular, estamos en un momento donde las nuevas tecnologías están las transformando muy profundamente todos las formas de relacionarse, tanto entre las personas, al interior de las empresas y organizaciones así como la forma en que las empresas se están adaptando a las nuevas demandas de los consumidores.

    Pude hacer nuevos contactos y networking de gran utilidad para mi actividad profesional y ponerme al día en nuevas oportunidades que se abren con las nuevas tecnologías, especialmente en el mundo Fintech

    – PATRICIO ARRAU. –

    PRESIDENTE GERENS CAPITAL S.A..

  • Disfruté de la conversación con Ron, Carolina y Felipe respecto a las inversiones de ángel. Pensé que era útil para aquellos que están considerando convertirse en un inversionista ángel. Fue útil para que conozca a otros en la comunidad de inversores en Latam.

    – JAMIE RIGGS –

    PRESIDENTE FUNDACIÓN CHILE (PARTICIPANTE PANEL REDES ÁNGELES EN LATINOAMÉRICA)
  • Gran convocatoria de la industria tecnológica chilena y muy valioso para mi en el network con colegas de América Latina, y EEUU. Algunos KeyNote Speakers fueron sensacionales

    – LISANDRO BRIL. –

    FUNDADOR Y MANAGING PARTNER DE AXVENTURES-PYMAR Y HOLDINVEST TECHNOLOGY VENTURE CAPITAL FUNDS. COFUNDADOR DE ENDEAVOR.

  • El Latam Venture Capital Forum fue una muy buena oportunidad de entender en mayor profundidad el «estado del arte» del Venture Capital en Chile, conocer algunas start ups nuevas y fondos de venture capital latinoamericanos. Además, fue interesante tener una perspectiva de cómo plantean los VCs latinoamericanos sus estrategias de salida.

    – ALFONSO YÁÑEZ. –

    DIRECTOR DE BANCHILE CITI GLOBAL MARKETS..

  • The LVCF was a great opportunity to have real insights into the venture and entrepreneurship ecosystem in latin america. The opportunities are REAL and EXCITING!”

    – JUAN JOSÉ DE LA TORRE. –

    EXPERTO DIGITAL, MENTOR, INVERSOR ÁNGEL Y EMPRENDEDOR.

  • Me brindó importantes insights sobre la industria de capital de riesgo en el mundo, lo que tiene implicancias directas en las tareas de diseño de políticas pro emprendimiento que estamos generando. La presentación de Ron W fue clave para entender la evolución de esta industria en Silicon Valley y así poder tomar las lecciones aprendidas se su vasta experiencia.

    – FELIPE JARA. –

    GERENTE DE EMPRENDIMIENTO CORFO.

  • Tuve la grata sorpresa de encontrar con un evento relacionado al Venture Capital que realmente agregaba valor con la calidad de los expositores presentes y el contenido expuesto, creo que dejo claro los desafíos del Venture Capital en Chile y propuso herramientas para su evolución»

    – JOSÉ ANTONIO BERRIOS. –

    FUNDADOR Y GERENTE GENERAL BROOTA.




Watch the best moments of the 2nd Tech and Business Congress Chile Digital 2015

 






Principal countries of the region will attend The Second Chile Digital Latin American Congress 2015

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On July 8 and 9 2015 in Santiago, Chile will be held the principal business and technology event of Latin America, which will feature more than 22 countries represented, gathered to address the latest trends in technology, software, e- commerce, mobile and online marketing .

Major companies, country pavilions and business delegations from across the continent will be present in the expo consisting of 10,000 m2 with the most innovative technology solutions for business available.

Countries like Brazil, Argentina and Costa Rica have already confirmed their participation at the Digital Expo through pavilions, and is expected in the coming days other countries with great development in the IT area of ​​the region to join. These pavilions will be installed on the first floor of Espacio Riesco -main event center in the city of Santiago-, which may be visit by over 5000 attendees expected by the Chile Digital Latin American Congress 2015.

Meanwhile, we have extended the invitation to participate in official trade delegations to important government representatives and organizations of Latin American technology industry such as AMIPCI, Cuti, CESSI, SOFTEX and APPS.CO, among others. These organizations and their partners will have access to special benefits and become part of the Business Meetings to coordinate reunions, strategic alliances and connect with potential customers.

It is expected that the Digital Expo of Chile Digital Latin American Congress, created with the mission to «improve the competitiveness of enterprises through training and networking, thus contributing to the development of the countries of the region», will be attended by over 200 companies exhibiting leading technology solutions for business.

For more information on how your organization can be part of the Second Chile Digital Latin American Congress 2015 either with a pavilion at the expo or with an official trade delegation visit http://congreso.chile-digital.com/pabellones-paisesasociaciones/

Multi -Cloud Environments ensure greater scalability, savings and innovation in businesses


multiple-cloud-1024x946A study made by Forrester on 2013 shows that the implementation and consolidation of business systems multi-cloud improves scalability by 72% of companies and two thirds of them were able to quantify the savings in costs thanks to this technology. In addition, 64 % of companies that invested in the cloud could state benefits innovation of its offer and opening new markets.

Until recently, the popularity of Cloud technology is only limited to business applications such as «Software as a Service» but today Cloud companies seek solutions outside their facilities, making this technology reaches a broad spectrum of possibilities for the application of technology on different operating systems or devices, as well as business platforms.

The high number of suppliers in the technology market has increased competition and has made more and more companies outsource their Cloud solutions. An example is the increasing use of cloud security issues and management solutions, and virtualization environments in public, private and hybrid clouds.

But like in most companies implementing IT, budgets in this area tend to be small. Besides there is widespread ignorance of the potential and the benefits of Cloud technology, despite the recognition and importance is having such solutions today.

Moreover, many companies today have adopted a multi -cloud environment without knowing it. The adoption of external services infrastructure, security or professional management teams, have led companies to implement multi-cloud systems through its suppliers. According to the survey conducted by Forrester, 58 % of companies occupy more than one supplier, although 71% of them prefer to have a single service Business Cloud.

Despite the problems of security and privacy that have cloud services, data indicate a strong trend towards virtualization services in several areas, even when 43% of the companies mentioned these problems as the main barrier to adoption cloud. According to Everest Group, private and hybrid clouds grew by 66 and 44% per year respectively.

There is also private and hybrid clouds, a type of public cloud that has unfortunately been the victim of various violations, which has left organizations vulnerable to these threats even with the variety of existing security options for enterprise cloud applications. This is because the implementation is responsible for applications of IT resources, storage and networking and is offered by external providers chosen on demand and usage-based remuneration.

In contrast, private clouds IT resources, applications, storage and networking is responsible for the implementation, but the service is offered by the department, also based on demand and pay based on usage.

A complementary solution between the two is the hybrid cloud, which is preferably applied between large companies and according to its projection, it is expected that half of them implements it by 2017. It is mixed mode is one in which a portion of the resources TI are offered as services through an internal private cloud while other resources are delivered as services offered by third parties through public clouds.

IT Industry Trends for 2015

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Each day, more companies are forced to migrate from the old ways of bringing their business to new tools and benefits that deliver information technology. The emergence of Cloud systems in all areas of the company and the Big Data, charge every day harder and this 2015 will demonstrate why.

As Chile Digital we show the latest trends in IT this year that will be part of the Second Latin American Congress of Technology and Business, on July 8 & 9 at Espacio Riesco, Santiago, Chile.

Internet of Things (IoT):

According to Cisco, by 2020 there will be 50 billion devices connected to the Internet. In addition Gartner estimates that the growth trend will be replicated in industrial contexts as operating not only in automation (home automation).

2014 was the year of the «wearables » ( wearable technology) and it is expected that this year the Internet of Things expand to businesses, which increasingly everyday objects connected to the Internet to share data and optimize team work.

IDC estimates that the market for IoT solutions will grow from 1.9 billion in 2013 to 7.1 billion in 2020. Such is the expectation of Internet of Things that two thirds of customers looking to purchase technology connected to their homes before 2019 and nearly half plan to purchase technology that can carry.

This involves many changes in the consumption of information from people and companies, also involving a transformation in content creation and data processing. This will also push another trend this 2015, Big Data which opens new possibilities for handling massive digital information and analytics.

Big Data

On 2013 the market for large volumes of data or Big Data worldwide reached USD $ 2,600 million, while for the past 2014 this figure is expected to increase to $ 16,000. A six-fold increase in relation to the overall IT market. This 2015 is no exception and is expected to Big Data is the solution for optimal management of the Third call or Cloud Computing Platform.

With the increase of Internet-connected devices and the information that each rises daily Internet, data reaches circulating levels difficult to manage and especially difficult to use to generate useful content for the company. Handle large amounts of data then becomes imperative and Big Data is one of the solutions to achieve, especially when only 23% of the information generated by companies is used.

Cloud Computing:

According to a study by Forrester in 2013, 64% of companies that invested in the cloud able to confirm the benefits of your offer innovation and opening new markets, while 72% of companies improved scalability thanks Cloud and Multi -Cloud systems.

All this despite the security and privacy issues that have these services and shows that 43% of companies see this problem as the main barrier to implementing cloud computing systems.

The cloud during 2015 will not only be limited to SaaS applications (Software as a Service) but both public and private clouds and mixed will be implemented, depending on the needs of each company.

The integration between Cloud, Internet of Things and Big Data will make this 2015 information management significantly reduce costs and bring businesses to the forefront of the market.

All these issues will be addressed by experts in each area in the Second Chile Digital Latin American Congress of Technology and Business 2015.

¿What is Bitcoin?

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Who has not heard of Bitcoin in recent times, the criptomoneda that has revolutionized the international financial system requires the endorsement of any central government or issuer, but uses a system of consensus among all stakeholders that make up your network. But do we really know how it works?

To better understand the phenomenon let’s go back to the origin of money. For thousands of years, humans have occupied different elements to standardize the value of things, pay , save and track prices. Some African communities used seashells, salt in Asia and pearls in North America as equivalent to money. On the island of Yap in Micronesia, the stones were the means of payment used, the closest analogy whose narrative helps us to better understand the phenomenon of Bitcoin.

The people of Yap knew that the rocks themselves didn’t need to have high value to be useful. Served as an effective way to save, pay and give value to things. A lot of small stones amounted to a big rock. Some were the size of an elephant and weighed more than 3600 kilos. Obviously one not wearing these big rocks at home, but everyone knew who belonged to.

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These people help us understand how anything with certain attributes can function as money. These attributes are:

Scarcity: The most important feature that must have something to work well as money. The island of Yap had no limestone so all the rocks had to be transported from Palau.

Durabilidad: Las piedras pueden durar cientos de años sin que necesiten mantención.

Verifiability: These elements are easily distinguishable and identifiable.

Severability: Stones are hard to break , but a large rock can be negotiated by many small stones.

Portability: Most stones can be transported, especially smaller ones.

Fungibility: The stones of equal size will be equal to all others in value. The people of Yap are not interested in having a specific stone.

When a member has something of value you negotiate with someone else, assuming a promise to pay in the future, a form of credit. Because it is very difficult to follow the movement of all loans money is created to assign an exact value. This was the case with stones in Yap. Every time someone made a promise to pay for any goods or services are delivered in exchange any item as stones, pearls salt or as a souvenir of this credit, which later would be called as what we know today as «currency «.

The main benefit of the coin is that it allows objectively follow the course of the credits, payments and see things objectively, but above all, allow this credit can be transferred to any person in a community that recognizes the value of this coin.

However, as tribes expand with their business, coins begin to fail because, in the case of the islands of Yap, began exchanging products in places where the stones if they were abundant, which brought a devaluation stone. It was therefore necessary to create a more universal currency.

Thus it appears that was the most reliable currency in the history of mankind. The gold. Gold was for 5000 years the scarcest, durable, divisible, verifiable and portable element that could be counted, even though I did not have an essential use in the life of man.

With the emergence of the banking system, gold started to have a form of representation on paper , known as the ticket. All ticket could be exchanged for its value in gold from any bank in the world. But for 40 years or so, banks stopped storing gold in exchange for paper tickets and just happened to have value in itself relied on promises of government.

But the role is uncomfortable and easy to lose or steal. Therefore, had begun to find a way of representing the old ticket that was more secure and portable. He began creating digital currency , bank accounts and credit cards but this digital currency was not really a coin, but it was an electronic representation of the same old ticket.

This representation has been unable to keep pace with the speed with which information is transmitted. If I want to transfer money from one place to another, it will take me a long time and have high associated costs. It is now like a pig trying to fly with wings of paper. We can improve the wings all we want, but the pig will fly.

A couple of years Bitcoin was created. The first truly digital currency was built from scratch and designed especially for the new information age. His attributes are the same as a traditional currency because it is scarce, divisible, verifiable, global and open source.

Jon Matonis, Founding Board Director of Bitcoin Foundation and Speaker at the Second Chile Digital Latin American Congress of Technology and Business 2015, notes that » in just five years, Bitcoin has shown unequivocally that we do not need kings to mint our money and we need banks central to issue paper tickets based on debt to decide what should be our money. Money is something that collectively determines what we want «.

With over 7 million people using Bitcoin in the world and more than 100,000 people each week buy their first bitcoins, it is expected that this coin is the evolution of money and allows for traction spread rapidly worldwide. This is due to its portability and easy handling from different platforms, including mobile phones and tablets, without resorting to a bank.

Opiniones Verificadas: Innovative system for e- commerce will be presented at the expo of the Second Chile Digital Latin American Congress 2015

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Opiniones Verificadas, innovative system for the collection, treatment and management of online consumer reviews, which operates with great success through its partnership with Google Comments, a condition which only 28 companies in the world have been able to obtain – in 8 European countries, Chinese and American markets-, will be part of the expo of The Second Chile Digital Latin American Congress of Technology, Software, E -commerce, Mobile and Online Marketing 2015

Through Opiniones Verificadas services, companies can improve customer relationships, increase confidence, increase sales by up to 20 % by the opinions of their customers, optimize the SEO of your products and get a better rate online conversion.

Opiniones Verificadas solutions gives customers the ability to read reviews from other consumers, thus obtaining higher levels of trust. Reviews from real customers allow prospective clients to improve your shopping experience and as a result increase conversion online store. E-commerce can also get direct feedback from their customers, allowing them to identify their needs, improve customer satisfaction and loyalty.

The technology adapts to the search engines, so the ratings and reviews are indexed by «Google Shopping» and integrated in your list, allowing better positioning, getting more traffic and new customers.

To learn more about Opiniones Verificadas visit www.opiniones-verificadas.com

GTD Group, leading telecommunications services company will be part of the Second Chile Digital Latin American Congress 2015

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Gtd Group, a holding company with over 30 years in the telecommunications market, consisting in Teleductos Gtd , Gtd Manquehue, Telefónica del Sur and Gtd Flywan (Colombia), is one of the companies that exhibit their products and services in the Expo of The Second  Chile Digital Latin American Congress 2015.

The telecommunications company, has put emphasis on quality and customer service as a differentiating factor. His specialty is delivering a wide range of high quality services in the area of ​​telecommunications and reliability with a team ready to respond in a quick and timely manner to each client needs.

Gtd, offers a wide range of services aimed at small, medium and large businesses, government institutions and the residential market. In its bid, Data Center services, connectivity and transmission of voice, data and video, telephony, mobile telephony, Internet services, data storage, IP and Digital Telephony, TV and bundled services are counted.

Gtd Group has its own network of more than 20,000 kilometers of fiber optics, a complete network of offices and facilities, wireless and satellite all over Chile technologies, which adds to its presence in Colombia, where they have full coverage country.

To learn more about the products and services offered visit GTD Group www.grupogtd.com

Gigas present the latest developments in Cloud Hosting at The Second Chile Digital Latin American Congress 2015

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Gigas, Hispanic multinational company specializing in server hosting in the cloud, present the latest in Cloud solutions as part of the Expo at the Second Latin American Congress Digital Chile 2015.

The company is ranked among the top 30 Cloud service providers worldwide, according to the prestigious «Magic Quadrant for Cloud Infrastructure as a Service» Gartner.

Gigas offers a Cloud service quality, easy and accessible for all customers, both large companies and SMEs. Also noted for its technology and efficient technical support available 24 hours, 7 days a week.

The company has datacenters in Madrid and Miami offices in Spain, USA, UK , Colombia , Chile, Peru and Panama, 60 employees and more than 3,400 corporate clients.

To learn more about Cloud hosting services Gigas, check https://gigas.com/

3 new strategies on applications to shape the future of your company

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About 70 % of business transactions that exist in the world today are still processed in old and obsolete languages ​​such as COBOL programming, which has more than 50 years. IT organizations typically spend more than 60% of their budgets only in the maintenance of these existing systems, leaving little time for innovation.

Therefore companies are at a point where technology innovation is crucial to reduce costs and to update their business models to the times when the business environment is increasingly connected.

Proof of this is predicted to more than 50 billion «things» will be connected to the Internet in 2020 and the number of partners and suppliers with which a company must interact will constantly growing. Microsoft alone already has more than 640,000 members in their business ecosystem.

In contrast to the monolithic applications, future applications will need to be more agile. Companies beginning its reinvention in the short term will benefit from applications that adapt to the pace of business, managing the increasing complexity and opening doors to a connected business environment.

The company Accenture, which will be present at the Second Latin American Congress on Technology and Digital Business Chile 2015, proposed in his 2014 report «The Future of Applications» creating three new strategies (liquid, intelligent and connected) to guide the implementation of new technologies and to take his company to become the industry leader.

Liquid Applications: To compete with agility and speed, companies can no longer afford a complex, lengthy and costly coding applications or implementations term and long- mass systems. What organizations need is a new way of building software (fast, flexible and liquid) with reusable components that enable the rapid assembly of applications to support dynamic business needs.

This approach requires modular architectures, integration techniques of the future generation and mentality that cloud and mobile comes first.

Smart Applications: Companies need to incorporate intelligence software in all its processes and its applications to manage the increasing speed, complexity and volume of information and maximize the value of internal and external of this business (including information from the world physical). Intelligence software is possible thanks to the influx of data, its processing power and advances in the science of data, such as natural language processing, thinking machines or cognitive computing. Thanks to these advances, applications can automate routine tasks, improve business processes through integrated analysis and even govern themselves.

Connected applications: To increase revenue and defend your position in the market, companies need to create new competitive boundaries using different softwares. But doing this openness is required connectivity applications in multiple dimensions, as ecosystems with business partners and customers as well as the rapid growth of the «Internet of Things», which is essential in the delivery of new services. The load can be run from anywhere, not only from phones, tablets and PCs, but also in manufacturing, pipelines, industrial equipment, cars, clothing and more, to make products in product-service hybrid.

These three new applications strategies also depend on bringing the company to a new operating model for developing software. In many companies the technology is “in a box». It is considered that it is contained within IT as a specific function, rather than a competition that every business leader must embrace.

A new, more collaborative approach is essential. The information technology should help shape business strategies and businesses should help information technology to define how the software being used to enter new markets, to reach new customers and drive competitive differentiation.

Lagash confirmed as Sponsor Expo of The Second Chile Digital Latin American Congress 2015

lagash
Lagash, international technology company dedicated to consulting systems , present the latest business solutions software based on Digital Expo Second Latin American Congress of Chile 2015 .

Its solutions ranging from specific parts to corporate architectures, through systems integration and applications for collaborative work, with expertise in software technology architecture consulting factory, SharePoint, .NET, BizTalk and Azure.

With extensive experience in the market for Microsoft products and technologies, Lagash offers services in the areas of specialized consulting, custom development, software development factory and usability. Also, professional actively involved within the Microsoft community, providing solutions and solving technological challenges constantly.

Lagash specializes in understanding the complexity of each business and design architectures that meet those needs efficiently, ensuring a measurable and concrete a level of quality and adequate availability.

The company has the experience, knowledge and the necessary strength, to provide a comprehensive service specialized consulting, allowing them to customers in Latin America have the support of specialists to develop software components highly complex corporate prototyping software architectures, strategic technology advice or improvement of solutions that are already productive.

To learn more about the services of Lagash visit: www.lagash.com