Industrial Benefits

Industries that participate in ISTEC have been able to enhance their presence in Latin American markets and tap into the enormous potential of human resources. By joining ISTEC and participating in these events, industries gain exposure to the scientific community and access to a vast network of leading universities and research centers that work in Ibero-America. Initial investments in human resources and equipment have also resulted in a number of spin-off projects and other technology applications. Industries have gained access to a network of highly skilled leading international professionals, conduits for intellectual creativity, and avenues for market development. ISTEC has provided partnerships for education, R&D, and technology transfers. It has also created efficient mechanisms for information sharing, and improved communication facilities. If industry leaders continue to provide the necessary resources to universities, students will be better educated, and industry will gain an invaluable source for knowledgeable employees, creative minds, and new business opportunities. Other benefits include the maximization of resources/minimization of duplicate efforts, multi-disciplinary solutions to multi-faceted problems, and cost sharing in R&D and international marketing. Some of these benefits include:

• Visibility at selected high profile regional events, with specifically targeted audiences from the region.

• Marketing of industrial services, products and offerings to both ISTEC member institutions as well as to other invited observers and specifically targeted groups. This process is negotiated with individual industrial members according to their regional marketing / promotional agenda and needs. It is carried out through ISTEC’s vast network of Ibero-American contacts, and general dissemination is carried out through ISTEC promotional channels (topic-specific list serves, WWW, Quarterly Messages, mass media.

• Networking at ISTEC events that attract an average of over 4,000 participants per year, with a wide ranging audience from Professors, Researchers, Graduate/Post Graduate students, Deans/Directors of Schools of Engineering and Technical Education, Representatives from Industry, Government, Professional Associations, Experts on Evaluation, Educators and Policy Makers.

• Potential for IP development and commercial spin-offs from resulting research.

• Training / Awareness for staff and researchers from the private sector on a variety of topics, including local and regional trends on specific topics.

• Procurement & Liaison opportunities within these events, in order to identify talent, seek appropriate consultants for specific tasks, negotiate joint opportunities, etc.