As per the agreement, Santander will organize a ‘coding boot camp’ at its digital laboratory, known as Spotlight, in Monterrey, with plans to teach 30 students on the basics of software writing.

Neoris is opening its first global Innovation Lab in the Monterrey Digital Hub, a unique space used to generate a digital transformation ecosystem in the Mexican city.

The Mexican ecosystem is currently 2.5 times larger than Colombia — the third fintech ecosystem in the region with 124 startups — over 3 times larger than Argentina, and over 4 times larger than Chile

Among those taking part in the Hub are IBM, Neoris, Alfa, Arca Continental, Banorte, Cemex, Deacero, Femsa, Tecnológico de Monterrey (ITESM), the Autonomous University of Nuevo Leon (UANL), and the University of Monterrey (UDEM).

Although headquartered in the United States, Tiempo has deployed most of its staff at its delivery centers in the Mexican cities of Guadalajara, Monterrey, and Hermosillo.

The reshuffle of the top management comes at a time IBM is expecting a surge in demand for its artificial intelligence, cloud, and security products.

Mexican software developer Dextra Technologies has inaugurated its new office in the city of Monterrey, providing space for more than 250 employees.

The government will finance about 75 projects, involving as many as 400 firms in developing technology solutions for wide-ranging sectors, including agriculture, health, and tourism.

One of the pioneers of nearshore services, Tiempo has employed more than 300 high-skilled Mexicans, who churn out verities of new technology solutions for its American clients.

Senior executives confirmed their plan when Jaime Rodríguez Calderón, governor of Nuevo León, visited their headquarters in the Indian city of Bangalore last week.