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For decades Chile has grown in different areas, and the technology sector is no exception. In this area, the country continues to be a reference in the region, as one of the most stable countries in Latin America. Recently, the country was ranked 42 out of the 63 nations evaluated by the Digital Competitiveness Index ranking, prepared by the International Institute for Management Development (IMD). It is true that Chile fell seven places in the latest version of this ranking, although it has remained as one of the leaders in technology in the region.

Chile also has a recognized presence of multinational companies that today are leading the great technological and digital transformations in the world. Entities such as Google, IBM, and Cisco have data and innovation centers in Chile that position the country’s industry as an interesting business platform in Latin America.

Why you should work with IT companies from Chile

Tech companies have the chance to expand into foreign territories and regions that show promise in the technology sector. While the Chile technology industry is at a turning point in relation to the path the country wants to continue on, the industry is aware of the enormous challenges of its reality: greater clarity in regulations, fraud prevention, financial portability, personal data protection, biometrics, and cybersecurity.

What you should be aware of when working with IT companies from Chile

In the rating, Chile fell 7 positions in 2020, and this is due to several reasons which make the IT industry challenges. 

First of all, according to , there is a demand for young professionals in the IT market, as many new web agencies register a shortage of workforce and it may cause system collapse by 2025 if numbers don’t improve. The reason behind this issue is the low prices on the local web market, which makes the IT industry in Chile a great outsourcing opportunity for foreign companies. 

Additionally, skilled workers in the Chilean IT sector are considered to be inexperienced enough for local IT companies, which in their turn miss the chance of training and preparing professionals for their work. 

How reliable are IT companies from Chile

There are not clear strategies at the corporate or business association’s level for ICT industry development. Most ICT companies are part of the Chilean Association of ÐÔÊÓ½ç in ICT (ACTI5 ) or the Chilean Society for Software and Services (GECHS6 ). These companies are focused on providing particular ICT services to public and private organizations, or to citizens. While ACTI groups the big companies, GECHS meets small and medium enterprises and this means that these business associations have different goals because they represent diverse interests - according to a report of PRO-IDEAL. This means that cooperation between foreign companies and local IT and web companies has two be established at two different levels, and depending on each level  - the reliability of companies may differ. 

How does the IT industry from Chile relate to the neighboring countries?

The Chilean IT industry is considered one of the most well-developed in the region, mostly due to the presence of big players on the local market. However, on the already existing IT infrastructure local web agencies and IT companies do not take advantage of it fully, as there is a shortage of experienced workforce. On the other hand, the Chilean IT industry may become a leading model of innovation in the region for neighboring countries, as it applies more modern technologies in developing web and IT products. 

Software development is the service of creating custom software applications for specific business requirements. This process involves designing, developing, testing, and releasing the applications. Useful in this regard are programming languages, frameworks, and other different methods that are used to ensure the creation of robust software that will handle a large number of users.

Software development includes many specific services such as Custom Software Development, Web Application Development, Mobile App Development, Software Testing and Quality Assurance, Software Maintenance and Support, E-commerce Development, Cloud-based Solutions, etc.

According to , revenue in the Software market is projected to reach US$659.00bn in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.42% from 2023 to 2028.

The importance of Software Development Services is obvious. This results in:

• Productivity increase;

• Improving the user experience 

• Increasing efficiency and productivity 

• Providing solutions that can scale as the business grows;

• Ensuring data security and preventing unauthorized access

Selecting the right software development company to partner with can be a difficult task. That's why, it's good, when you make this choice, to consider the following aspects:

1. Expertise and Experience of the company in delivering similar projects successfully.

2. Check Portfolios and References to get an idea of their reputation and the quality of their works

3. Evaluate the technical skills and qualifications of the development team.

4. Communication and Collaboration are key to a successful partnership.

5. Discussing costs and budget is important to avoid unexpected expenses.

6. Timely delivery is crucial to avoid unnecessary delays.

7. It's important to have ongoing support, bug fixes, and updates once the software is deployed.

By carefully considering these aspects, you can make an informed decision and select the right software development company, because it can rightly be said that Software Development Services represent an investment for long-term success. And it doesn't matter if it is a small startup or a large enterprise, software development can have a positive impact on your business.

There are more than 15892 service providers that specialize in various software development solutions on ÐÔÊÓ½ç. 

Discover the perfect Software Development Company by entering specific criteria on the main page, such as service, hourly rate, company name, location, or profile score. Apply filters and we will ensure a successful search.

Alternatively, you can simply submit your project, and within approximately one hour, our team will handpick the best company, this service is completely free.