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Events >> Event Recaps

AeA Hosts Chilean Investment Delegation, Oracle, Synopsys, & Yahoo
Thursday, June 14, 2007


Carlos Alvarez, Executive Vice President, Chilean Economic Development Agency (CORFO)
 

The AeA Silicon Valley/Northern California Council and the Chilean Economic Development Agency (CORFO) held a Chilean investment program, Chile: Your Nearshore Destination For IT And BPO, at AeA's Santa Clara office on Thursday, June 14, 2007.  The Chilean Delegation was joined by industry speakers from Oracle, Synopsys, and Yahoo.

Betty Baker, Executive Director, AeA Silicon Valley/Northern CA Council, kicked-off the breakfast seminar.  Betty announced that this month, June 2007, AeA released another timely research paper from the AeA Competitiveness Series on, Opening Trade with Central and South America - This Region Is a Leading Destination for U.S. High-Tech Exports.  Between 2005 and 2006, U.S. high-tech exports to Central and South America rose by 20 percent.  All industry research indicates there will continue to be growth of the high-tech industry in this region.


Betty Baker, Executive Director, AeA Silicon Valley/Northern CA Council

Carlos Alvarez, EVP, CORFO, discussed Chile's economic challenges and three focus areas of Chilean innovation set forth by the Chilean President: Digital Agenda, Bio-Tech Agenda, and Near-Shore Platform.  Chile currently has 85,000 engineering students, half are 6 year and half are 4 year students, and their universities are continuing to build their curriculum based on feedback from U.S. companies to produce the desired technical talent pool, according to the presentation by Raul Rivera, Director, Pro-Innovation Forum.


Aneel Jaeel, Senior Director,
Globalization PMO, Oracle


Rosie Jones, Senior Research Scientist, Yahoo Research


Victor Grimblatt, Director Chile Center, Synopsys

Industry speakers: Aneel Jaeel, Senior Director, Globalization PMO, Oracle; Rosie Jones, Senior Research Scientist, Yahoo Research; and Victor Grimblatt, Director Chile Center, Synopsys confirmed the Chilean data.  All three companies are actively working with leading Chilean universities to ensure Chile will continue to produce quality technical talent.  Additionally, Oracle, Synopsys, and Yahoo echoed each other in their business reasons for choosing Chile:
  • Country Stability
     
  • Financial Stability (Government Support and cost effectiveness with no significant increases anticipated)
     
  • Human Resources (labor laws and low attrition)
     
  • Cutting-edge Infrastructure
     
  • English Language Skills
     
  • Expertise in Technical Skills
     

 

More Pictures
 

Betty Baker, Executive Director, AeA Silicon Valley/Northern CA Council and Juan Rada, Senior Vice President, Public Sector and Education

Networking

 


Attendee (left) and Rosie Jones, Senior Research Scientist, Yahoo Research

 

 


Eugene Kublanov, Managing Director and COO, neoIT

Natalie Eisner, Director Consulting Latin Amarica, IDC
 

This page was last updated on 06/15/07.  
Copyright © 2007 American Electronics Association.  All rights reserved.aea logo

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