The Colombian software & IT sector is one of the largest four in the region together with Brazil, Mexico and Argentina. According to IDC, the industry has doubled its sales over the past 7 years and, in 2017, reached US$ 9.5bn with hardware making up 56.5% of sales, IT services 32.2% and software 11.4%. Strong internal demand is being generated especially by the manufacturing, public, financial and agricultural sectors. Additionally, an increasing number of foreign companies are choosing Colombia for the development of their software services (nearshore / offshore concepts). As companies in the BPO sector, software / IT companies are being attracted by the advanced infrastructure, a large pool of young talent, moderate salary levels and a quality of life in cities such as Medellin that helps attract talent from other countries as well.