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FDI Summit Costa Rica: First edition of the event attracts new investors to the country

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SAN JOSÉ, Costa Rica, May 6, 2024 /PRNewswire/ — The Trade and Investment Promotion Agency of Costa Rica (PROCOMER) will bring together investors from around the world in San José, as part of the first edition of the FDI Summit, which will take place between June 11 and 12, at the Convention Center.

The event will allow for two days of immersion in the country, with the aim of allowing companies to learn first-hand about investment opportunities in Costa Rica, the tax incentive system and the capabilities of Costa Rican talent.
The FDI Summit is focused on the country’s strategic sectors such as agribusiness, light and advanced manufacturing, life sciences, corporate services, digital technologies, semiconductors and tourism infrastructure. This diversification of sectors seeks to guarantee investment opportunities in all regions of the country.
Laura López, General Manager of PROCOMER, stressed that the FDI Summit represents a strategic platform for attracting Foreign Direct Investment (FDI) to Costa Rica. “Our nation offers an environment conducive to foreign investment thanks to the solid value proposition, made up of factors highly recognized worldwide such as sustainability, political stability and geographic location, the incentives of the free zone regime, highly specialized human talent, legal security, as well as a robust ecosystem of local suppliers. These conditions, as well as the support of an institution like PROCOMER in 100% of the establishment and post-establishment processes, make Costa Rica a leading destination for investment and that is what we are going to show at the FDI Summit.”
In addition to increasing the positioning of Costa Rica (where more than 400 multinationals already operate), another objective of the FDI Summit is to share international trends in foreign direct investment and the opportunities offered by Costa Rica in this line, for established companies that want to grow even more in the country.
The event will offer a comprehensive experience, both for companies already established in the country and for potential investors, during two days of face-to-face business in Costa Rica. This will include sessions on the local business environment, field visits and tours to business parks, personalized agendas and individual meetings with investors, personalized support and talks with international speakers about the global context of FDI.
Costa Rica is a strategic partner for investment companies, being a country synonymous with stability as it is the oldest democracy in the region. 75 years ago, it made the decision to abolish the military and invest in peace, education, and health.
Lopez added that in less than 40 years these types of decisions made Costa Rica diversify its export matrix and become the main per capita exporter of medical devices throughout the continent. Likewise, Costa Rica has established itself as an attractive destination for Foreign Direct Investment, ranking first worldwide in Greenfield investment attraction.
Recently, the US government placed Costa Rica in a prominent position globally by announcing it as the first beneficiary country of the Chips & Science Act, which aims to explore opportunities to diversify and grow the global semiconductor ecosystem, as well as create a transparent, safe and sustainable global value chain. Therefore, the government of Costa Rica launched the Semiconductor Roadmap, the focus of which lies across four axes: talent, incentives, investment attraction and regulatory improvement.
For more information and registration for the FDI Summit, go to Event – Investment – PROCOMER (investincr.com).
About Costa Rica
In 2023, Costa Rica reached a record in foreign direct investment (FDI) flows by registering an inflow of $3,921 billion, exceeding by 131% the estimated goal for that year of $3 billion; an amount that is also 24% higher than that registered in 2022.
This Central American nation stands out as an excellent investment destination due to factors such as:
Political stability that ensures a safe environment for investments. More than 75 years ago it abolished the army, and invests 7% of GDP in education and 8% in health.Since 1990, it has had a free zone regime with attractive tax incentives for companies that invest.Specialized human talent. Costa Rican software developers are among the best in the world, and Costa Rica ranks 2nd in the Global Talent Competitiveness Index (2021).Strategic location with easy connectivity to the world’s main markets, with direct flights to the US and Europe, free trade agreements with more than 50 countries and 16 bilateral investment treaties. It is also a member of the WTO and the OECD.It offers first-rate support for companies to invest: a solid institution like PROCOMER that provides support in all processes. As well as law, accounting and real estate firms; state-of-the-art business parks and a wide ecosystem of local suppliers,Costa Rica has the largest foreign direct investment (FDI) in the world relative to the size of its economy, according to the Greenfield FDI Performance Index prepared by fDi Intelligence.All these and other factors have made the Greenfield FDI Performance Index, by fDi Intelligence, place Costa Rica as the country that attracts the most FDI in relation to its GDP.
CONTACT: Ofelia Fernández Valverde,[email protected]; Esteban Chaves Trejos,[email protected]
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Reliance Cyber and Google Cloud Security unite to transform cybersecurity for UK businesses

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LONDON, May 28, 2024 /PRNewswire/ — Leading Managed Security Service Provider (MSSP), Reliance Cyber has been selected as one of only four MSSPs to partner with Google Cloud Security (GCS). This collaboration is set to make cybersecurity more effective and less complicated for businesses throughout the UK and Ireland.

Why this matters:In today’s complex security environment, businesses face a multitude of challenges, including escalating cyberattacks, an overwhelming number of security alerts, rising cybersecurity costs, and a critical shortage of skilled professionals. The partnership between Reliance Cyber and Google Cloud Security provides organisations with improved security postures through insightful, data-driven analytics, which underpin Reliance Cyber’s XDR service. For businesses facing diverse economic, social, and technological changes—such as the ongoing impacts of COVID-19, the transition to hybrid and remote work, rapid technological advancements like AI, and budget pressures from the cost of living crisis—this partnership represents a significant step forward. It enhances cybersecurity without the usual challenges of high costs, complexity, or the need for specialised staff. It’s about making world-class security simple and available to a wider audience.
What’s changing:
Support for growth: The partnership will expand the reach of state-of-the-art security services to more businesses, helping to protect organisations without the stress of financial and operational barriersEnhanced visibility, lower costs: Leveraging Google’s SOAR capabilities and Chronicle’s powerful telemetry, Reliance Cyber’s tailored ingestion approach means organisations can achieve enhanced visibility across their digital environments at a reduced cost. This approach enables proactive prevention and detection of threats, ensuring better security with less expenditure.Key benefits of the strategic partnership include:
AI and automation: Automation is at the core of Reliance Cyber’s offering. Every alert is enriched with threat intel from leading vendors, automatically correlated, and grouped into cases, reducing mean time to detect (MTTD) and mean time to respond (MTTR). Google’s additions enhance this with lower data ingestion costs, superior threat intelligence, curated detections, and advanced anomaly detection using machine learningSimplified security operations to support staff: Integration of Google Cloud’s SOAR capabilities simplifies the security management landscape, allowing CISOs to focus on strategic planning rather than daily operational hurdlesScalable security for business growth: The partnership supports business expansion strategies by providing scalable security solutions that grow with the company, crucial for organisations driving technological advancementData-driven insights for better decision-making: Boards will gain unparalleled visibility into their digital environments, fostering smarter, faster decision-making to preemptively address potential security threats.Rob Walton, Chief Revenue Officer at Reliance Cyber, on the transformative impact: “We’re thrilled to partner with Google Cloud Security. This partnership aligns perfectly with our mission to deliver comprehensive, advanced security services to the market, making top-level security accessible and manageable for businesses of all sizes. Ultimately, it’s about creating predictability and peace of mind in an area that can often cause businesses and their boards sleepless nights, particularly due to concerns about attacks and the financial constraints that dictate risk appetites.”
Do you want more coverage, at less cost, with zero compromises? 
Enquire about a proof of concept. Visit: https://eu1.hubs.ly/H09bKtG0.
About Reliance Cyber
Since our founding in 2003, Reliance Cyber has established itself as a leading Managed Security Service Provider (MSSP). By combining deep cybersecurity expertise with a true partnership ethos, we enable organisations to concentrate on their core business.
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Eficode acquires Jodocus and reinforces Atlassian Cloud skills and Atlassian partnership in Germany

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HELSINKI, May 28, 2024 /PRNewswire/ — Eficode has acquired Jodocus, the first cloud-native Atlassian Platinum partner in Germany. This acquisition further reinforces Eficode’s role as an Atlassian partner in Germany and expands its skills and services in Atlassian Cloud.

“Atlassian is moving to the Cloud, and the related know-how is essential to speed up this transition. Jodocus was originally the first Atlassian partner in Germany to focus fully on the Cloud. Their broad expertise in Atlassian tools and cloud migrations helps our customers in their journey to the cloud and complements our mission to build the future of software development,” says Ilari Nurmi, CEO of Eficode. “We welcome Jodocus’ employees and customers to Eficode.”
Founded in 2019, Jodocus is an Atlassian Platinum Solution Partner with extensive expertise in Atlassian Cloud. In addition to focusing on the Cloud, the Jodocus team offers support on business processes, Application Lifecycle Management, and DevOps. Their customer base is in Germany, with well-known names such as Otto Group and Fricke. Jodocus has 45 employees, and its revenue in 2023 was 11,5 million euros. “Together, Eficode and Jodocus will form a more significant entity and have even more international customers, which opens possibilities for deepening and broadening our relationship with our customers,” says Werner Krandick, CEO of Jodocus.
Eficode has enabled countless businesses with DevOps and digital transformation to adopt new technologies and practices to create software better. Its full spectrum of digital services can now be extended also to Jodocus’ customers. Eficode ROOT provides software development tools as a managed service in a Software-as-a-Service manner. In turn, with Total Support, we manage the tools and offer support, coaching, and mentoring for Atlassian solutions as a subscription.
In recent years, Eficode has grown strongly both organically and through acquisitions. Eficode’s compound annual growth (CAGR) during the previous four fiscal years has been 70%.
Media contactsIlari Nurmi, Chief Executive Officer, Eficode. [email protected], +358 40 577 5084 Lauri Palokangas, Chief Marketing Officer, Eficode. [email protected], +358 50 486 4918 
This information was brought to you by Cision http://news.cision.com
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New first of its kind UK legal-tech recruitment platform aims to put an end to overseas worker scams

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Unique UK-based legal technology platform, Immpact, helps unite the global talent market to fulfil UK skills shortages across healthcare, construction, engineering, life sciences and hospitality Immpact directly connects employers, recruiters and regulated legal experts with pre-qualified global talent – and aims to help eradicate profiteering job scammersREADING, England, May 28, 2024 /PRNewswire/ — A unique new legal-tech recruitment platform has launched in the UK to help put an end to overseas worker scams and directly connect UK employers and recruiters with pre-qualified overseas global talent. Immpact will help fulfil acute skills shortages across sectors including healthcare, construction, engineering, life sciences and hospitality, while ensuring full legal Home Office compliance.

The launch of Immpact follows over two years of advanced legal-tech development. Using the immigration law expertise of Founder and Managing Director, Jonathan Beech, and his team of specialists, the platform will help unite a previously disconnected global talent market with under-resourced UK employers and transform global workplace migration. Immpact has also been developed through discussions with hundreds of employers, industry bodies and overseas talent.
With job scams – from fake jobs to illegal fees for sponsor licences – ongoing, particularly in the social and healthcare sector, Immpact will ensure only pre-qualified talent, employers and recruitment firms are placed on its platform following stringent multi-layer checks. This will ensure that all jobs and talent are qualified and genuine along with thoroughly regulated employers and recruiters, to provide a global marketplace for talent.
Jonathan Beech, Founder and Managing Director of Immpact, said: “Through my existing business running Migrate UK, I’m acutely aware of the issues that UK employers and recruiters are having in trying to fulfil talent shortages across sectors such as care, healthcare and life sciences. I also regularly hear terrible stories of genuine overseas job hunters being ripped off in their home countries or the UK by job scammers, often running to thousands of pounds.
“I knew there had to be a better way to match pre-qualified overseas talent with genuine work opportunities and responsible UK employers – effectively a ‘talent’ match-making site which is designed to eradicate scammers to provide a global, trusted marketplace for talent.”
Following the latest government immigration rule changes, overseas recruitment costs are continuing to rise for businesses struggling with talent shortages. From 4 April 2024, the minimum salary for entering the new skilled visa worker route for the first time increased by 48%, from £26,200 to £38,700 a year. There are different rates for those already holding a skilled worker certificate of sponsorship prior to this date and discounts are available for key shortage roles on the Immigration Salary List (ISL).
Immpact will benefit employers and recruiters by saving them time and money. Working with recruitment experts to analyse existing overseas recruitment workflows, Immpact has calculated that it will save 50% of the time involved in managing overseas recruitment, helping to cut down the time-consuming filtering of applications traditionally needed.
For employers traditionally looking to recruit overseas applicants, previous data from industry recruitment software specialists show that 30% of overseas applications are rejected as they do not have the right to work, while 64% are rejected due to CVs being unclear or requirements not being met. This leaves just 6% of applications remaining, which results in about 2% then being interviewed. Immpact will automatically present only suitable pre-qualified applications to employers or recruiters, eradicating wasted time on unsuitable or unqualified applicants.
Beech continues: “Following thousands of hours of development and utilising the latest advanced technology which can adapt to evolving Home Office requirements and procedures, we’re proud to launch Immpact. Our unique new platform takes care of the entire process – from pre-qualifying processes, searching and shortlisting, down to arranging interviews, successful appointments, onboarding, the provision of regular content and guidance, and access to regulated immigration legal professionals.
“Our new technology will transform global migration for both UK organisations and businesses struggling to recruit and global talent looking to work in the UK. Immpact has been thoroughly tested at every stage and is both user-friendly and, crucially, compliant, so qualified overseas applicants and UK employers and recruiters can be confident that only genuine UK jobs and overseas applicants match and proceed. Quite simply, we want Immpact to simplify the whole migration process by putting the right talent in the right place at the right time, and for UK employers to fulfil critical talent shortages which will help them not only survive, but thrive.”
The platform has a free trial or low-cost subscriber options for search-matching and more for employers and recruiters. For talent, the platform has zero costs for creating a profile, using the pre-qualifying tools or searching for opportunities. For further information visit www.immpact.ai.
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