GeneXus, a Uruguayan solution acknowledged throughout the region as well as worldwide for its capability to simplify and increase software development productivity, has been is part of the latest publication by Gartner in relation to Cool Vendors in Latin America. “This vendor is ‘cool’ because it uses artificial intelligence techniques to create software,” wrote Luis Anavitarte in “Cool Vendors in Spanish Latin America, 2016”.

Within a context where digital transformations call for innovative solutions and strategic alliances for their implementation, the report analyzes the candidate corporations to be considered the five leading Latin American companies setting the pace of technological innovation in the region.
In the report, GeneXus has been acknowledged for using algorithms and Artificial Intelligence in the automatic programming and maintenance of the software required for the present and the future, while establishing a novel paradigm.

“Being part of the Cool Vendors is an encouragement for us to continue advancing in search of solutions for the dynamic future has in store for the software industry. It is the same feeling we had almost three decades ago when we started working on GeneXus, with the purpose of obtaining a platform that would allow us navigation of the various technological trends while increasing productivity in the creation of applications,” expressed GeneXus’ CEO Nicolás Jodal.

In an era where software is domineering the world, that goal is permanently renewed, because, which is the only industry that is yet to be exponentially transformed by automation? It is in fact, the Software Industry. All other industries include automation processes and industrialization with individuals being replaced by machines in repetitive and tedious tasks. “However that is not the case in the software industry,” Jodal insisted, “where instead of applying automation, the solutions to large-scale problems continue to imply the inclusion of more and more people. And this is an important opportunity for GeneXus, in its capacity as Software, to also create Software. We are deeply proud to have been included in the list of the five Latin American companies that make the most significant contributions to digital transformation in the region.”
The GeneXus technology has given way to a great ecosystem of companies that use and supplement the product in over 50 countries. In a context of predominant traditional software programming, GeneXus is the new paradigm, as well as an alternative for CEOs, CIOs, software architects and IT areas in fields as varied as the automotive, food, banking, healthcare, governmental, retail, financial, agricultural and livestock sectors.

The Gartner report, written by analysts Luis Anavitarte, Federico De Silva, Fernando Elizalde and Monica Zlotogorski, indicates that approximately 68% of the estimated 155.5 billion that will be invested in IT in 2016 (measured in segments such as mobile devices, data servers and communications services) corresponds to Spanish-speaking Latin America, while the remaining 32% represents the Brazilian share. As compared to equal measurements of preceding annual periods, such proportion is clearly showing a trend towards the Spanish Latin America to the detriment of Brazil with a loss of 10% of its share in the continent in the past four years. This favorable progress of Hispanic countries in the American continent is largely due to the flexibility with which technological innovations have been adapted and developed along the path of digital transformation.