Latest news and stories about investment in technology in Lisboa, Portugal for expats and residents.
The Portuguese government has unveiled its National Data Centre Plan to boost digital infrastructure investment, receiving cautious optimism from industry experts who emphasize the critical need for effective execution.
Portugal is seeking to enhance its appeal to Middle Eastern investors, particularly from Qatar, by shifting its marketing strategy beyond just its favorable climate. In Doha, representatives from Startup Portugal are engaging with local entrepreneurs to promote investment opportunities in the country.
The president of a European association claims that Portugal possesses a robust defence industrial sector.
American multinational DXC Technology announced an investment in Lisbon this Monday, the 20th, which will result in the creation of 100 new skilled jobs as part of the expansion of its Business Process Services (BPS) division. The decision follows a sustained increase in demand for specialized digital services, particularly in the banking, insurance, utilities, and public administration sectors. According to Adolfo Martinho, General Manager of DXC Portugal, the country is confirmed as a 'center of excellence' for providing these services due to available talent and proximity to European markets. He emphasizes that the company's offering goes beyond traditional outsourcing, stating that the technology used serves 'to make client processes more efficient through automation, AI, and analytical tools.' The expansion of DXC's operational capacity in Lisbon represents a growth of nearly 30% in its BPS team. Recruitment is focused on senior and technical profiles—such as managers, analysts, supervisors, business coordinators, and specialists in methodologies and technologies like process-applied AI, voicebots, and chatbots—with deep experience in the target sectors. In Portugal, the BPS unit already manages critical services such as fraud management and a wide range of back-office and front-office operations for major national and international clients. The expansion aims to improve response times, enhance service quality, and accommodate higher operational volumes, thereby strengthening the resilience and continuity of operations entrusted to DXC. Finally, the initiative is part of DXC Technology's ongoing strategy to invest in digitalization, intelligent automation, analytics, and AI, allowing the company to integrate new teams and scale services to meet growing European demand.
Less than two months after the Web Summit in Qatar, the first signs of investment from Doha are beginning to arrive in Lisbon. The private equity fund JTA – International Investment Holding, based in Qatar, took advantage of the corridors of the technology summit in the Middle East to hire a Portuguese national and establish itself domestically.
Economist Ricardo Reis argued that more companies are needed to 'catch the AI train'.
The British technology company Zango AI, which develops artificial intelligence (AI) solutions applied to compliance in the financial sector, has strengthened its advisory board with the addition of Portuguese manager Manuel Gonçalves Ferreira, who has over three decades of experience in banking and financial markets. Manuel Gonçalves Ferreira had a long career...
Plans for the Alverca factory include the assembly of satellites for defence and security purposes for other European countries.
The Port of Lisbon will invest 5.8 million euros in the development of an Intelligent Port Management Platform and an integrated monitoring and sensor system, having already secured 4.25 million euros in European funding. The project is called “Smart Port Lx” and is expected to be completed by 2030. “This project represents a step...
The Smart Port Lx project will receive 4.25 million euros in European funding.
Essity, a Swedish multinational specialising in hygiene and health, is leveraging its Shared Services Centre in Lisbon and a focus on innovation and sustainability to drive growth in the Portuguese market. With a workforce of 400 professionals in Portugal, the company continues to expand its digital transformation strategy while developing bio-based solutions to reduce environmental impact.
The climate chamber manufacturer Aralab, based in Sintra, has purchased the Indian company Newtronic, which specialises in testing equipment for pharmaceutical, biotechnological, and cosmetic products, in partnership with the German firm Memmert. The Portuguese-German deal, which involves the acquisition of a 51% stake in Newtronic, marks the entry of the Portuguese industrial company into the Indian market.
Conservatism and lower investment capacity are driving a slower adoption of artificial intelligence in Portugal. This was one of the conclusions of the first 'Future in Action: Learning from Top Performers' meeting, promoted by NTT Data with Expresso as media partner, which took place this morning in Lisbon.
Bauer Media has chosen Portugal for its new technology centre, which will monitor all of the group's digital activity, with plans to hire 15 specialists, the CEO of the Portuguese subsidiary told Lusa today. The group announced the creation of a new technology hub in Portugal, strengthening its investment in the Portuguese market.
During the Microsoft Building the Future 2026 event in Lisbon, Microsoft's Southern Europe General Manager, Kristina Tikhonova, highlighted Portugal's rapid adoption of AI. With an ecosystem generating 7.3 billion euros for the national economy—expected to rise to 9 billion with the Sines investment—Portugal is currently a 'fast follower,' with an AI adoption rate of 24.2%, well above the global average of 16%. Tikhonova discussed the importance of cultural shifts in leadership, the role of 'Frontier Firms' in achieving high ROI, and the necessity of data consistency and cybersecurity training to sustain this growth.
The fifth edition of the Transatlantic Business Summit took place this Friday in Lisbon. The event focused on geopolitics, digital transformation, and business resilience and innovation. CNN journalist Patrícia Correia Pereira spoke with the president of the American Chamber of Commerce, António Martins da Costa, and banker António Horta Osório about the need to increase the competitiveness of Portuguese companies.
Swiss Life Asset Managers, the asset manager of the Swiss life and pensions insurance group, will open an office in Lisbon that will operate as a centre of expertise for business support functions and IT services. According to the Swiss group, Swiss Life Asset Managers will establish itself in Portugal because it will...
The computing and data services centre that Amazon Web Services (AWS) is preparing to open in Lisbon — called a 'local zone' — will be interconnected with Europe’s new sovereign cloud, in which the US tech company is investing €7.8 billion, and will involve an 'additional investment' of ...
Indico Capital has invested five million euros in PandaDoc, a North American unicorn that has developed document automation software and provides solutions for contract management. The company, with an office in Lisbon, aims to “accelerate the development of advanced AI-based features while also allowing for the expansion of local teams.”
Indico has made a five million investment in PandaDoc to enhance its AI capabilities and expand its team based in Lisbon.
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The European Startup Alliance (ESNA), chaired by Portugal from its headquarters in Lisbon, is beginning the transition to a different format that brings it closer to Brussels. The government plans to change the membership model to a European Digital Infrastructure Consortium (EDIC)...
This article highlights Portugal's emergence as a vibrant hub for the software industry. Key points include: - Portugal's rapid development of a strong tech ecosystem, especially in Lisbon and Porto. - Notable companies like OutSystems (a $9.5bn low-code platform), Feedzai (AI-driven fraud detection), and Sword Health (digital healthtech valued at $3bn). - A new wave of startups such as Neuraspace and Rauva attracting significant funding, alongside established unicorns like Farfetch, Talkdesk, and Unbabel. - The country's growing reputation for excellence in software development, driven by a combination of historical expertise, innovative initiatives, and increasing investment. - Portugal is positioning itself as a competitive player on the European and global tech stage, with industry leaders and investors recognizing its potential for tech innovation and startup growth.
