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Monday saw the Inauguration of the Monterrey IT Cluster. As a partner of the MITC, it is fine testament to the perseverance of the my colleagues, captivating the imagination of Local Government and capturing local market share in equal amounts. But we can do more, much more.
In his speech, the state governor, Rodrigo Medina, rightly mentions the 100 plus centers for Innovation, Scientific Development and Technology, 35 of which are in the Technology Park (PITT). But how exactly is that translating into the development of world leading technology companies and in the case of NL, transforming the state from an Industrial Economy to a Knowledge Economy?
Expansion published in July this year a review of the first 20 years of NAFTA. While Femsa, Alfa and Cemex still dominate as NLs largest corporations, they are very much focused on core business. Likewise Energy, Car Manufacturing, Food and Drink, Commerce and Construction, still anchor the Top 10. Telco is the only new growth category, a change mirrored elsewhere across the world.
The success of Mexico’s Auto and more recently Aerospace clusters is largely due to the presence of the global OEMs who really drive the integration of the cluster and build the value network.
If we expect NL to develop a successful IT Cluster there needs much more integration and better results from the much touted Triple Helix of Government, Academia and Enterprise:
- Incentivize continued development of the Cluster Ecosystem. While the USA touts Cases Silicon Valley and South Korea Microchips and Consumer Devices, both have gone through various transformations to achieve their current competitive positioning.
- Develop Strategic Plans focusing on a few core markets. If we can deliver soft drinks to 116 Million Mexicans daily, Logistics should be obvious market to develop. Being so close to the largest Healthcare market should imply that Health Tourism is another.
- Make much better use of Industry Classifications to make investment and funding decisions. While Trade Associations have a good handle on membership. INEGI, using the standard North American Industry Code (NAIC), reports that are only 153 registered companies in Mexico offering Services-Prepackaged Software – “51121”. This code, incidentally is the same as Oracle, is a rounding error in their revenues.
Only with some concerted and coordinated effort will we see the emergence of true Mexican global champions on a level as Oracle, Salesforce and Samsung who can be world leaders in their chosen markets.