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Google announces investment of $1.2 billion to develop digital transformation in Latin America

Google announces investment of $1.2 billion to develop digital transformation in Latin America

During the years of confinement due to the epidemic, he was digital tools Which has largely allowed many companies to continue to operate and sell their goods to customers who do not want to leave home for any reason. The complicated situation has forced many companies and entrepreneurs to give The last step towards digitization Of their actions and changes that would have taken years under normal circumstances, occurred in a matter of months.

Jacob Borzeki | Norfoto | Getty Images

However, in some regions of the world, there is still a lot of work to be done, because digitization is not just a matter of will, but requires investments by governments and the private sector. Latin America is one such region, and Google announced today through a statement from its CEO, Sundar Pichaicommitment Investment of 1.2 billion dollars in the region within five years. The idea is that resources are used to improve four specific areas that will help transform the region: Digital infrastructure, digital skills, entrepreneurship ecosystem, inclusive and sustainable societies.

The company invests in technology that allows the region to improve connectivity, such as Firmina marine cable which will run from the US East Coast to the Argentine province of Las Toninas, which will run with a single power source on one side of the cable should the others fail (in fact, Firmina will be the longest cable in the world).

So that entrepreneurs and entrepreneurs can be trained in the tools that the digital world provides, Google will give more than a million Google Job CertificationsIn addition, the company will continue to support startups in the region. The statement explains: “When we opened the Google for Startups campus in Brazil in 2016, there were no unicorns in the area. Today, 35 companies, including 13 unicorns, were part of Google’s startup programs. With investment, resources, and training from Google for Startups We have supported over 450 startups in the region and these startups have raised over $9000 million in investments, creating 2,000 jobs.

On the other hand, the program google org You will contribute $300 million in funds to Supporting Non-Profit Organizations in Latin America which seeks to support marginalized communities to “benefit from digital transformation”.

Sundar Pichai concludes by emphasizing the innovative nature of Latin America: “Through these commitments, we partner with governments, entrepreneurs and businesses to support sustainable, resilient and equitable growth. It is exciting to see Latin America emerge as a hub for innovation, and we look forward to creating more economic opportunities for those who call it home.” .

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