By Kalwinder KaurJul 19 2012
A developing robotics company, Quantum International is focusing on Chile-based emerging economic powerhouse. This initiation is a part of its exploration for new vibrant business opportunities existing in the international robotics space.
The global recession which occurred four years ago has driven Chile to be a pioneer in the economic recovery process. The Latin American nation achieved 5.6% more growth in its GDP during Q1 of 2012 than the year 2011. The Latin American represents an average of 3.7%.
Companies like Quantum focus on lucrative business. The economic growth therefore will appear crucial to the company in terms of achieving the company’s anticipated expansion strategies in an industry forecast to reach $70 B by 2025, forecasted by some experts.
Besides having a strong economic growth, Chile possesses valuable robotics resources such as the robotics and autonomous systems program at Santiago-based Universidad de Chile. Chile’s flourishing mining industry contributes to most of the country’s major robotics research initiatives. In the near future, robots will be deployed in various relief missions for preventing disasters such as the 2010 tragedy of trapped Chilean miners.
According to Quantum CEO Robert Federowicz, the government of Chile is a powerful supporter of developing business sectors, owing to the nation’s booming economic growth. The robotics industry represents a rapid growth in Chile. With competitive labor costs, popular universities, and diverse population, Chile serves to be the ideal location for Quantum to carry out its robotic businesses and related initiatives.
Source: http://www.quantuminnovators.com/
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