Overview of ICT Landscape in Brazil

By: Enock Koola, Analyst

Brazil is the largest country in Latin America and the world's fifth largest country in terms of population as well as size. Brazil recently moved one place above UK to become the world's sixth largest economy with a GDP of 2.52T USD as reported by CEBR. The Brazilian economy experienced growth in 2010 and 2011 as the rest of the world was being affected by the global financial meltdown and the Euro debt crisis; it grew by 7% and 3.5% in 2010 and 2011 respectively. The CEBR predicts that by the end of this decade, the new world in GDP will comprise of China, USA, India, Japan, Brazil and Russia (CEBR, 2011).

Amoo at Davos

Many techies have no idea of "The Forum's" existence, however, this gentle giant is worth putting on one's calendar for a variety of reasons - mainly because it attracts a plethora of global leaders, decision-makers, visionaries and captains in industry. We were fortunate to receive an invitation to this year's annual meeting in the otherwise sleepy Swiss village of Davos.