The commitment of Medellín as a Software Valley has already attracted the interest of 20 international companies this year

Despite the economic effects in the world as a result of the pandemic, Medellín is consolidated as an attractive destination for companies that seek to expand their operations and that find in the city the conditions to grow. So far in 2020, and as a result of the management of Ruta N, ACI Medellín and Procolombia, 20 companies from different 9 countries, whose projects have the potential to create 1,012 jobs between the years 2020 and 2021.

90% of the companies that have arrived are from technology, 5% from energy and another 5% from the financial sector.

In addition, for the development of the Software Valley strategy, Ruta N is in a process of strategic alignment that articulates the Mayor’s Office of Medellín, EPM, decentralized entities and universities, in addition to Innpulsa and MinCiencias.

“These are very powerful results that show that the world believes our city, that here we have the talent and conditions for global business to advance its growth plans. Companies from the United States, Spain, Germany, Argentina, China, France, Mexico, the United Kingdom and Singapore settled in Medellín because they saw a strong ecosystem capable of achieving important bets, such as becoming a Software Valley”, said the executive director of Ruta N, Javier Fernández.

Since last year, and in a joint effort between the Center for the Fourth Industrial Revolution, Procolombia and Ruta N, the anchor companies that the city needs to strengthen its ecosystem of science, technology and innovation were selected. Today, the first results of this strategy are seen. Evidence of this is the fact that 2 of the 20 have projects to generate more than 200 jobs each. These are characterized by being relevant in the global market and have the ability to make other companies decide.

One of the most important companies is Rockwell Automation, an anchor company from the United States that is among the ten most important in the world in topics related to the Internet of Things.

Rockwell is in Medellín to set up an engineering campus, which will not only generate nearly 300 jobs by 2021 but will also serve to attract others and insert local companies into global value chains. Endrock Growth & Analytics, Somo, TiendAPP S.A.S, PS Colombia, Owens Illinois (IT), Luckydot, Making Sense, Zemsania, Robotics Systems, Intertec, DIDI, IFinca, Ladorian, SIVAR SAS, Latin Leap, Creamos Lab – Suscribeme.com, DEVANT and E-Ray, have also arrived, among others.