Ultrapar's CEO spoke about how Latin America needs to prepare for the major impact caused by the digital economy.

Latin America needs to catch up with China when it comes to technology, said IBM's Latin America general manager. 

The CEO shared insights on the effects of technology on the travel industry.

"At the same time new business models are invented, some others are destroyed," said the CEMEX CEO.

Cernuda said the region, with a population of 644 million, has the ability to generate a lot of information when it comes to digital currency.

From smart glasses to blockchain technology, business executives joined government officials in discussing new projects and investments in Argentina's growing digital sector.

América Latina no se puede perder la revolución digital de la manera que se perdió la revolución industrial, dijo el presidente del Banco Interamericano de Desarrollo.