The document summarizes the Horizon Report: Iberoamerican Edition 2010. It describes the intention of identifying emerging technologies that will impact education over the next 1, 2, and 4 years. An advisory board of 44 experts from Latin America, Spain and Portugal participated. The report identifies 6 technologies and key trends and challenges: collaborative environments, social media, open content, mobiles, augmented reality, and semantic web. It provides examples and recommendations to promote discussion around using emerging technologies in higher education.