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The latest industry insights & news from CCSI, Specialists in Establishing Contact Centers in Mexico for Debt Collection, Customer Service, Sales, BPO and more.

 

Mexico, overshadowed by Brazil for years, has secured its place as the new favorite among investors looking to put cash into Latin America.

"A lot of funds are looking into Latin America as sort of a portfolio of opportunities. Brazil became a lot less attractive in the last year and a half," said in an interview Clinton Carter, director of research at Frontier Strategy Group. "Mexico has definitely come up as a priority."

In the past 12 months, iShares MSCI Mexico Capped exchange-traded fund rose more than 17 percent, when a fund trailing Brazil—iShares MSCI Brazil Capped Index Fund—lost over 15 percent.

"The mood in Mexico is clearly constructive. A lot of faith is being put in the ongoing reform process under President Pena Nieto, including deregulation of key industries," wrote Jens Nordvig, global head of currency strategy at Nomura Securities in a recent note.

Mexico, overshadowed by Brazil for years, has secured its place as the new favorite among investors looking to put cash into Latin America.

"A lot of funds are looking into Latin America as sort of a portfolio of opportunities. Brazil became a lot less attractive in the last year and a half," said in an interview Clinton Carter, director of research at Frontier Strategy Group. "Mexico has definitely come up as a priority."

In the past 12 months, iShares MSCI Mexico Capped exchange-traded fund rose more than 17 percent, when a fund trailing Brazil—iShares MSCI Brazil Capped Index Fund—lost over 15 percent.

Is Tijuana The New Tech Mecca?

TIJUANA, Mexico — As far as tech expos go, this was no CES, the Consumer Electronics Show held every year in Las Vegas. Here at the BIT Center in Tijuana, there were only a few dozen vendors — a social media firm; a consulting company that helps maquilas manage their inventory and customs paperwork.

But some here really believe the border city has a future as an innovation mecca, like Silicon Valley.
"It's got all of the right ingredients" said Olin Hyde, vice president of business development for a La Jolla-based company called ai-one.

Why Baja Will Be the Next Big Thing In High-Tech

On Feb. 27, Nathan was born in Otlen, Switzerland. Nathan is the world's first general purpose artificial brain to live on the Internet. This is a big breakthrough for computing. Nathan enables any developer to build intelligence into any software application — without any special training or knowledge about artificial intelligence. Nathan simply learns by feeding it data. Without any human intervention, it recognizes the patterns and associations that make data meaningful. No longer will someone need a Ph.D. in machine learning or mathematics to know how to build machines that can learn like humans.  It takes less than an hour to learn how to use Nathan. And it costs as little as $25 per month — so anyone can afford to try it. Our goal is simple: Empower people to improve their lives by harnessing the power of data and artificial intelligence to solve our most vexing problems.

Less than 18 hours after Nathan's birth and almost halfway around the world, we will announce Tijuana as the location of the first program dedicated to building companies to produce software that can learn like humans.

How Mexico Got Back in the Game

In India, people ask you about China, and, in China, people ask you about India: Which country will become the more dominant economic power in the 21st century? I now have the answer: Mexico.

Impossible, you say? Well, yes, Mexico with only about 110 million people could never rival China or India in total economic clout. But here's what I've learned from this visit to Mexico's industrial/innovation center in Monterrey. Everything you've read about Mexico is true: drug cartels, crime syndicates, government corruption and weak rule of law hobble the nation. But that's half the story. The reality is that Mexico today is more like a crazy blend of the movies "No Country for Old Men" and "The Social Network."

Something happened here. It's as if Mexicans subconsciously decided that their drug-related violence is a condition to be lived with and combated but not something to define them any longer. Mexico has signed 44 free trade agreements — more than any country in the world — which, according to The Financial Times, is more than twice as many as China and four times more than Brazil. Mexico has also greatly increased the number of engineers

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