A small country of about 3.4 million people, Uruguay is sandwiched between two much larger neighbors: Brazil and Argentina. Despite its relatively small economy, Uruguay's social conditions have traditionally ranked high in the region. For example, among Latin American nations, Uruguay had the second highest Human Development Index (HDI) score in 2002. Uruguay also has a more equitable income distribution than most countries in the region.

Uruguay is recognized as a strategic gateway for international companies conducting business in the Latin American region. In today's global community, international companies appreciate the value of political and social stability coupled with a sound legal and banking system in their host countries. For these reasons, the geopolitical importance of Uruguay has become a significant factor for companies selecting Uruguay as the regional center of their business operations

Few Latin American countries can boast the stability and safety that Uruguay enjoys. Due to its long history of political and social stability, Montevideo has earned the title as the second "best city in South America in providing quality of life." (Source: ECLAC, i.e. CEPAL, 2002)

Telecommunications and Software Development are the sectors of the Uruguayan economy that have had the largest expansion these last few years. Uruguay exports more than 33% of the annual software production, making it the largest exporter of information technology in Latin America.

This is a clear indication that Uruguayan IT companies and professionals have a strong experience in commercializing their products in a world market, and that they understand the challenges of working at an international level.