Brazil’s IT and tech contract landscape in the past year has been shaped by both significant government-backed initiatives and major projects led by Petrobras, particularly in the energy sector. Petrobras has spearheaded large offshore and subsea projects, securing multiple high-value contracts focused on Brazil’s pre-salt oil fields, including the Atapu, Sepia, and Buzios developments. These contracts involved TechnipFMC, which was awarded approximately $250-500 million for flexible pipe design and manufacturing, and Vallourec, tasked with supplying high-end tubular solutions for these fields, a contract valued at tens of thousands of tons over a three-year period​.

Additionally, IBM and Microsoft continued their investments in cloud and AI services within Brazil, reflecting broader national tech demands beyond oil and gas. IBM expanded its local cloud capabilities, and Microsoft reinforced cloud infrastructure investments in São Paulo to support various industries aiming to modernize digitally. These efforts show Brazil’s emphasis on integrating advanced IT solutions into both its traditional and emerging sectors​

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These contracts highlight Brazil’s commitment to upgrading its tech infrastructure, particularly for energy exploration, and showcase opportunities for specialized tech providers in cloud computing, AI, and digital transformation.

 

Brazil is a large and complex market, and there are many IT contracts that are relevant to different industries and sectors. However, some of the most relevant IT contracts in Brazil over the last year include:   

• Contracts related to the implementation of the new Brazilian General Data Protection Law (LGPD): The LGPD came into effect in September 2020, and many companies have been working to comply with its requirements. This has led to an increase in demand for IT solutions that help companies comply with the LGPD, such as data management platforms, data security solutions, and privacy compliance software.
• Contracts related to the digital transformation of the Brazilian government: The Brazilian government has been investing heavily in digital transformation initiatives, and this has led to an increase in demand for IT solutions such as cloud computing, artificial intelligence, and blockchain.   
• Contracts related to the expansion of 5G networks in Brazil: The Brazilian government has auctioned off spectrum for 5G networks, and this is expected to lead to significant investment in the country’s telecommunications infrastructure. This will create opportunities for IT companies that provide solutions for 5G networks, such as network equipment, software, and services.   
• Contracts related to the development of the Brazilian Central Bank Digital Currency (CBDC): The Brazilian Central Bank is currently exploring the development of a CBDC, and this could lead to significant opportunities for IT companies that provide solutions for blockchain and digital currency.   

These are just a few examples of the most relevant IT contracts in Brazil over the last year. Other relevant contracts may include those related to the development of new IT products and services, the expansion of e-commerce, and the adoption of new technologies such as the Internet of Things (IoT) and artificial intelligence (AI).

It is important to note that the IT market in Brazil is constantly changing, and new opportunities are emerging all the time. Therefore, it is important to stay up-to-date on the latest trends and developments in the Brazilian IT market.

Here are some resources that you can use to learn more about the IT market in Brazil:

• Global Tenders: https://www.tendersinfo.com/global-brazil-tenders.php
• Datamar News: https://www.datamarnews.com/
• ClarkeModet: https://www.clarkemodet.com/en/privacy-policy/brasil/
• Justen, Pereira, Oliveira & Talamini: https://justen.com.br/wp-content/uploads/2024/06/Nott-Andre-Governo-Digital-Inteligencia-Artificial-e-Contratacoes-Administrativas-paper.pdf