Mexico is known for many things: tequila, tacos and mariachi music. But technology, innovation and startups? Actually, yes.
The country has become an increasingly powerful player on the Latin American innovation map. It ranked 66th on the 2014 Global Innovation Index, behind Chile (46), Panama (52), Costa Rica (57) and Brazil (61), but ahead of Colombia (68), Uruguay (72) and Peru (73). Gartner estimates that the Mexican IT market is worth US$64 billion and anticipates it will grow nearly 3% through 2018.
